Tech News
LAST UPDATE: July 1, 2025
US Senate strikes AI regulation ban from Trump megabill
The Senate removed a proposed ban on federal regulation of AI from Trump’s “mega bill” after concerns such a clause would hinder Congressional oversight and future AI rules.
Insight
The removal signals lawmakers’ recognition of AI’s evolving risks, preserving the government’s ability to regulate emerging technologies. It also highlights debates on balancing innovation with ethical governance.
Trump Crypto Venture Raises $220 Million for Bitcoin Mining
A Trump-branded crypto venture has amassed $220 million in funding to build bitcoin mining operations, part of a broader push into the digital asset space.
Insight
The investment reflects both crypto’s mainstreaming and its politicization. A Trump-backed crypto project could lend electoral influence to the industry—but also invite regulatory scrutiny ahead of the 2028 election.
