Just weeks after stalling over Trump-era concerns, the GENIUS Act has cleared a key Senate hurdle with a 68–30 cloture vote, setting up a final vote as early as Monday. With bipartisan momentum growing, is stablecoin oversight finally within reach?

Mistral AI has launched Magistral, its first reasoning-focused language model. With transparent, domain-specific, and multilingual capabilities, it aims to set a new standard for step-by-step, verifiable AI. Both open-source and enterprise versions are available.

Waseda University found 75% of participants sought emotional advice from chatbots, showing attachment styles similar to anxiety and avoidance. Lead researcher Fan Yang warned such bonds could expose vulnerable users to AI exploitation.

OpenAI faced a five-hour global outage affecting ChatGPT, Sora, and its APIs, disrupting user access to key tools. As services return to normal, the incident prompts a pressing question: are we becoming too reliant on AI systems we do not fully control?

Bitcoin adoption is transforming financial access in Kibera, providing residents with greater economic independence and enhanced transaction security in a cash-based economy.

Kenya’s proposed 1.5% crypto tax risks undermining its fintech leadership, potentially driving startups and talent abroad and slowing Africa’s digital integration.

Following an 18-month probe, Australian authorities charged four people in a suspected $123 million laundering scheme that used a Gold Coast security firm to funnel funds into crypto. Police seized $13 million in assets, including property and vehicles, across two states.

AI is swiftly replacing white-collar jobs, with tens of thousands cut in 2025 alone. Up to 80% of tasks may soon be automated, and experts warn AGI could trigger mass unemployment across all sectors.

The US DOJ has seized $7.74 million laundered by North Korean operatives who used stolen US identities to secure remote blockchain jobs and bypass KYC checks. The funds were funnelled back to support the regime’s weapons programme.

On 9 June, the SEC will host a roundtable to explore how DeFi aligns with current regulations, focusing on tokenisation, custody, and market integrity. The event aims to balance innovation with compliance, with input from the public and industry leaders like SegMint and BlackRock.