According to CNBC, the House of Representatives adjourned Wednesday, pushing off action on artificial intelligence regulation until after November's midterm election. House Speaker Mike Johnson said it was time for members to return to their districts, while lawmakers including Rep. Sam Liccardo, D-Calif., pressed for immediate action on AI safety measures. Liccardo said Congress should move on the bipartisan Frontier Act, which would require third-party audits of AI labs, add transparency rules, and let the Commerce Department suspend or restrict a model if it poses an imminent catastrophic risk. He also urged consideration of a kill switch provision for runaway AI systems and a narrow antitrust exemption for top AI companies to cooperate on safety. Rep. Jay Obernolte, R-Calif., said the urgency of the moment requires congressional action before year-end and said he will push the Frontier Act and the Great American Artificial Intelligence Act when the House returns. Senate Commerce Committee Chair Ted Cruz, R-Texas, said an AI safety bill could be voted on in committee by the end of this month, though bipartisan agreement remains uncertain.

Reform UK reportedly wants to cut crypto investor taxes by £100 million a year. According to NS3.AI, the proposal would lower capital gains tax from 24% for high-rate payers and 18% for basic-rate payers to 10%. The plans emerged days after Reform received £72 million from two crypto billionaires. Two tax experts said the cuts may negatively affect the UK economy.

According to Wallstreetcn, Apple has officially introduced an Impersonation Risk Detection feature in iOS 27 and iPadOS 27 to help prevent social engineering scams in progress.

AI pioneer Andrew Ng pushed back against renewed warnings that more powerful models could pose an existential threat to humanity, calling those fears “much more science fiction than science,” according to Bloomberg. Ng said AI systems will never be perfectly predictable, but testing, safeguards and engineering can make them safer over time. He also warned that broadly slowing AI development could slow progress on safety.

Real estate billionaire Stephen Ross’ $100 million gift is helping a top Florida private school expand into West Palm Beach, according to Bloomberg.

According to Wallstreetcn, the U.S. Securities and Exchange Commission is investigating potential misconduct at businesses under Guggenheim Partners CEO Mark Walter and has sent inquiry letters to current and former employees of Guggenheim Investments, which manages $367 billion in assets, focusing on people who previously handled insurance company portfolios. Some employees interviewed have hired lawyers in response.

The House Ways and Means Committee advanced H.R. 10357, the Digital Asset Tax Certainty Act, by a 38-5 vote. According to NS3.AI, the bill would provide tax relief for certain digital-asset network and transaction fees. Crypto groups are seeking broader relief for everyday payments and changes to when staking and mining rewards become taxable. The bill would treat validation income as ordinary income, but it does not include the requested deferral until token rewards are sold.

According to CNBC, Jim Cramer’s Charitable Trust is buying 75 shares of TJX Companies at roughly $125 each, which would lift its holdings to 1,125 shares and increase the portfolio weighting to 3.6% from 3.33%. The stock rose about 2% on Thursday after hitting another 52-week low a day earlier, and shares have fallen roughly 20% since the beginning of August after a rare Marmaxx same-store sales miss in the second quarter and a rally in oil. Cramer said TJX CEO Ernie Herrman said on the earnings call that August, the first month of the current third quarter, was better than the second quarter, which gave him confidence that Marmaxx’s problems may be temporary. Marmaxx includes the Marshalls and T.J. Maxx brands. He also pointed to Thursday’s August retail sales data, which came in better than expected, and said more consumers may turn to TJX banners such as HomeGoods if budgets tighten and shoppers focus more on deals.

Russian President Vladimir Putin ordered stakes in local companies owned by Switzerland’s Nestle SA to be transferred to temporary administration, according to Bloomberg. The move affects Nestle assets in Russia.

ZEC has just jumped from the fringes of the cryptocurrency world to become the seventh-largest cryptocurrency by market capitalization globally. What is the real driving force behind this?

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse.

Hong Kong's first five-year plan: Digital assets are not on the main table; the main theme is the foundation of RMB internationalization; encryption is a standard feature but not the main focus.

Warsh, Federal Reserve, "Hawkish Rate Hike" Warsh "Major Change" Golden Finance, Risks Clearly Lean Towards Interest Rates Remaining High for a Longer Period

Circle's growth is highly dependent on interest rates and distribution partners, and whether Arc can improve revenue retention remains to be seen.

Hong Kong’s first five-year plan shifts its policy focus to digital financial infrastructure, making the application scenarios for stablecoins a key competitive factor.

Can stock tokens become a viable investment opportunity? The author discusses his experience buying stocks on-chain and the policy risks of overseas derivatives in the A-share market.

Balancer, from AMM pioneer to being left behind by the times: Why did Balancer shut down? (Jinse Finance, From AMM pioneer to being left behind by the times)

Telegram groups targeting young people are allegedly becoming a recruitment ground for sabotage and violence, with cryptocurrency used to pay recruits willing to carry out attacks across Europe.

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