Tech News
LAST UPDATE: July 17, 2025
Talks on considering cryptocurrency legislation bog down in US House
Crypto-related legislation in the House—addressing stablecoin regulation and CBDC limits—has stalled amid internal procedural disputes among Republicans, despite momentum from Trump’s remarks .
Insight
Party infighting is delaying critical crypto regulation, increasing uncertainty as the digital asset sector grows.
Pakistan, El Salvador Establish Bilateral Ties Based on Crypto
Pakistan and El Salvador have formalized diplomatic relations centered on cryptocurrency cooperation, led by Pakistan Crypto Council chief Bilal Bin Saqib meeting El Salvador’s President Bukele .
Insight
This unique crypto-driven diplomacy signals strategic alignment through blockchain, diverging from traditional economic ties.
Musk’s xAI in Talks With Saudi Firm Humain on Data Center Deal
Elon Musk’s xAI is negotiating with Saudi firm Humain—and a secondary partner—for leasing several gigawatts of data center capacity in Saudi Arabia to support AI training .
Insight
This partnership highlights Saudi Arabia’s ambition in AI infrastructure and xAI’s international expansion strategy.
Trial begins as Meta investors, Zuckerberg square off over alleged privacy violations
A $8 billion shareholder derivative trial has begun in Delaware, accusing Zuckerberg and other executives of failing oversight, misleading consumers, and triggering FTC fines tied to Cambridge Analytica .
Insight
The case challenges board-level accountability for privacy failures and may set precedent for corporate governance.
