South Carolina Passes Law Banning CBDCs While Protecting Crypto Users, Bitcoin Miners
South Carolina enacted legislation banning central bank digital currencies while protecting Bitcoin miners and cryptocurrency users from regulatory overreach. The law exempts crypto assets from CBDC restrictions, strengthening the state's pro-crypto stance. Bitcoin traded near $77,400 amid broader market movements. This development signals growing U.S. state-level resistance to government-controlled digital currencies, favoring decentralized alternatives. No direct India angle mentioned in the legislation.
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AI Watchdog Warns of 'Rogue Deployment' Risk at Top Labs, With Capabilities Growing Fast
An AI safety watchdog raised alarm over risks of "rogue deployment" at leading AI labs, as AI capabilities accelerate rapidly. The warning highlights regulatory gaps in artificial intelligence development. While not directly crypto-related, this concerns blockchain investors as AI integration into crypto platforms grows, affecting security protocols and market infrastructure trustworthiness for Indian investors holding digital assets.
HYPE Surges 101% This Year: What’s Driving Hyperliquid’s Growth?
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