The U.S. White House is reportedly discussing an executive order to establish an artificial intelligence (AI) task force, according to the New York Times. This initiative aims to bring together technology company executives and government officials to explore potential regulatory procedures. One possible plan involves setting up a formal government review process for new AI models. Last week, White House officials introduced parts of the plan to executives from Anthropic, Google, and OpenAI. The task force may consider various regulatory options, with the review process potentially involving multiple government agencies to ensure models meet safety standards. This move marks a significant shift in AI policy under U.S. President Donald Trump's administration. Since returning to the White House last year, Trump has strongly supported AI technology, swiftly removing the Biden administration's regulatory process that required AI developers to conduct safety assessments and report potential military applications. The policy shift has led to confusion. According to informed sources, ongoing dialogues between the White House and tech companies reveal that some corporate executives believe excessive government regulation could slow innovation, and there is no consensus among companies on potential regulatory approaches.

The European Commission's Executive Vice President, Valdis Dombrovskis, has announced ongoing discussions with Anthropic regarding their Mythos model. According to Jin10, the evaluation focuses on the potential impact within the context of EU policies and legislation.

CAISI, a unit of the National Institute of Standards and Technology (NIST), reported that DeepSeek V4 Pro is approximately eight months behind the U.S. frontier in a recent evaluation. According to NS3.AI, the assessment, released on May 1, utilized Item Response Theory across nine benchmarks, including two non-public datasets, making the results difficult to replicate. Additionally, Stanford's 2026 AI Index indicated that the gap between the U.S. and China on public leaderboards has narrowed to 2.7%.

U.S. President Donald Trump has expressed strong criticism towards Federal Reserve Chair Jerome Powell, labeling him as a 'disaster' for the United States. According to ChainCatcher, Trump believes that the current interest rates set by the Federal Reserve are excessively high, which he argues is detrimental to the country's economic health.

Federal Reserve official Williams has stated that there is currently no need to consider raising interest rates. According to ChainCatcher, Williams emphasized that the current economic conditions do not warrant an immediate change in monetary policy. This statement comes amid ongoing discussions about the future direction of U.S. interest rates.

The Federal Reserve is leaning towards a more accommodative stance, reflecting potential long-term policy trends, according to John Williams, President of the Federal Reserve Bank of New York. According to Jin10, Williams noted that the long-term outlook still indicates that interest rates will eventually be lowered. This perspective aligns with the broader expectations of a shift in monetary policy over time.

Colorado lawmakers have introduced SB26-189, aiming to repeal and replace the state's existing AI legislation, SB24-205, with a more focused framework for consequential decisions. According to NS3.AI, the proposed bill seeks to regulate the use of artificial intelligence in sectors such as employment, education, housing, lending, insurance, healthcare, and government services. If enacted, the new regulations would come into effect on January 1, 2027.

Brent crude prices soared over 5% on Monday, surpassing $120 a barrel, following Iranian drone strikes on the Fujairah Oil Industry Zone, the UAE's primary oil export hub outside the Strait of Hormuz. According to BeInCrypto, the UAE Ministry of Defence intercepted three of four Iranian cruise missiles, with the fourth falling into the sea. The incident led to the diversion of two passenger flights to Dubai and heightened alerts across the Emirates. Meanwhile, the 10-year U.S. Treasury yield rose to 4.46%, a nine-month high, as traders anticipate inflation pressures from escalating energy costs.

Russian President Vladimir Putin has instructed a temporary ceasefire on the Ukrainian front from May 8 to 9, coinciding with the observance of Victory Day on May 9. According to NS3.AI, this decision comes as part of the annual commemoration of the Soviet Union's victory over Nazi Germany in World War II. The ceasefire aims to honor the historical significance of the day and provide a momentary pause in hostilities.

Federal Reserve official Williams has indicated that the neutral interest rate, known as R-star, may be higher than its recent low readings. According to ChainCatcher, this statement suggests potential adjustments in monetary policy as the Federal Reserve assesses economic conditions.

Bridgewater Associates founder Ray Dalio has issued a new warning: the next two years will be a "particularly dangerous period," with a triple storm of debt, geopolitics, and technology converging, and most investors' timing strategies are doomed to fail.

For developed countries, that layer is still bank deposits and account relationships; for developing countries, that layer is cross-border payments, capital flows, and monetary sovereignty.

X's head of Product Nikita Bier has just revealed that crypto is the topic most likely to be muted by X users, as fewer and fewer users want to see crypto-related news on their "For You" page.

OpenAI is trying to patch the vulnerabilities, but the lives lost continue to test the boundaries between technology and humanity.

Singapore is testing AI with five banks and agencies to spot scam transactions earlier using shared data. The trial aims to improve detection and reduce losses, with plans to expand if it works well.

The XRP community has been hit by a new kind of threat—and this time, it unfolded in real time during a live event.

Morgan Stanley added another 286.7 Bitcoin worth about $22.5 million, bringing its total holdings to around 2,620 BTC valued at roughly $205 million.

Brazil has banned foreign exchange providers from using stablecoins and cryptocurrencies to settle cross-border payments, forcing them to use traditional banking channels instead. Crypto trading remains legal, but firms using blockchain for remittances must change their systems by deadlines running to 2027.

The long-stalled CLARITY Act is now on the brink of a decisive breakthrough, with U.S. senators reaching a critical compromise that could push the landmark crypto bill to a floor vote as early as May.

Nobitex, Iran’s dominant cryptocurrency platform, has been thrust into the spotlight after a Reuters investigation revealed it was founded by individuals linked to one of the country’s most powerful political families—raising fresh questions about the intersection of crypto infrastructure and state influence.