Under new rules, tech companies will be asked to share AI models with government for review before public release
Donald Trump signed an executive order to create a voluntary framework for the federal government to vet powerful new AI models before they are released. Tuesday’s highly anticipated order represents an attempt by the president to tighten his grip on cybersecurity and national security threats posed by AI, tacking against his earlier deregulatory stance.
Under the new rules, tech companies would be asked to share their AI models with the government for a voluntary review, up to 30 days before a public release. The Trump administration says doing so will allow them to improve national security, particularly with regards to cybersecurity.
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Already this year, more than $14.6 billion in venture investment has gone into companies in Crunchbase’s military, national security and law enforcement categories, blowing past the sector's previous annual record of $9.6 billion raised in all of 2025.
The airstrikes may destabilize Iran's military and leadership, potentially affecting regional power dynamics and nuclear negotiations.
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The post US Senator Warns Clarity Act Delay Could Push Crypto Rules to 2030 appeared on BitcoinEthereumNews.com.
Key Takeaways U.S. Senator Lummis warned that failure to act now could delay comprehensive crypto legislation until 2030. Bankruptcy protections remain a central concern for customers holding assets on exchanges. China’s regulatory progress increases pressure for Congress to establish market rules. Clarity Act Warning Puts Congress on a Crypto Policy Deadline The Clarity Act has become a deadline test for Congress, and Senator Cynthia Lummis (R-WY) is warning that failure to act could delay comprehensive digital asset legislation until 2030. In posts published between May 24 and May 30, Lummis argued that inaction would leave developers without legal protections, consumers vulnerable, and law enforcement without stronger tools to pursue bad actors. Her warning centers on a narrow legislative window. If Congress misses it, software developers, investors, exchanges, and enforc
Senator Cynthia Lummis is warning Congress that missing the Clarity Act window could delay major crypto legislation until 2030. She says inaction would leave developers exposed, consumers vulnerable, and law enforcement agencies without stronger tools. Clarity Act Warning Puts Congress on a Crypto Policy Deadline The Clarity Act has become a deadline test for Congress, […]
The post CLARITY Act Faces Banking Opposition as Stablecoin Debate Intensifies appeared on BitcoinEthereumNews.com.
Key Insights JPMorgan CEO Jamie Dimon criticized stablecoin provisions in the latest CLARITY Act draft. Banks continue arguing that crypto firms should face the same standards as deposit-taking institutions. Additional lobbying efforts could slow the bill’s path through Congress. The CLARITY Act faces renewed pressure from the banking sector as lawmakers continue debating a federal framework for digital assets. The latest opposition came from JPMorgan Chase CEO Jamie Dimon, who criticized provisions related to stablecoins and argued that crypto companies offering bank-like services should operate under comparable regulatory requirements. Banks Continue Challenging Stablecoin Rules Banking industry concerns remain centered on stablecoins and yield-bearing products. According to Dimon, firms that accept customer funds or offer products that resemble traditional deposits sho
The post JPMorgan CEO Jamie Dimon Criticizes Coinbase, Opposes CLARITY Act appeared on BitcoinEthereumNews.com.
Rongchai Wang
May 29, 2026 23:02
JPMorgan’s CEO Jamie Dimon criticizes Coinbase and vows banks will oppose the CLARITY Act, a landmark crypto market-structure bill advancing in Congress.
JPMorgan CEO Jamie Dimon has made it clear that the banking industry will continue to oppose the Digital Asset Market Clarity Act (CLARITY), a landmark crypto market-structure bill currently advancing in Congress. Speaking to Fox Business on May 29, Dimon specifically criticized crypto exchange Coinbase and its CEO, Brian Armstrong, for their lobbying efforts in favor of the legislation. Dimon argued that the latest version of the CLARITY Act gives crypto firms unfair advantages over traditional banks. According to him, the bill allows companies to pay interest on deposits and stablecoin balances without being subject to the same Anti-Money Laundering (AML), sanctions, and c
