Trump Anthropic: Anthropic to challenge Pentagon in court, hours after Trump orders ban on AI firm

Artificial intelligence firm Anthropic said on Friday (local time) that it will challenge Pentagon’s decision to classify the company as a supply-chain risk in court, according to a Reuters report. This comes hours after US President Donald Trump directed federal agencies to stop using the firm’s technology. Trump had ordered every federal department to “immediately”…

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Coinbase’s head of litigation says states are “gaslighting” on prediction markets

Why it matters: Ryan VanGrack, Coinbase’s VP of legal and global head of litigation, is sharpening Coinbase’s challenge to state regulators, saying they are trying to rewrite Congress’ authority over derivatives. Coinbase has filed lawsuits in Connecticut, Illinois, Michigan and Nevada after launching prediction markets in partnership with Kalshi. Some of those states issued cease-and-desist…

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We pass sweeping orders without realising impact on the ground: CJI | India News

NEW DELHI: In an unusual introspective remark, Chief Justice Surya Kant-led bench of the Supreme Court on Friday said on several occasions the apex court passes sweeping orders unmindful of India’s social ground realities and without understanding their adverse impact on the social fabric.When a bunch of petitions challenging the validity of the sedition provision…

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UAE makes history: Central Bank launches world’s first sovereign financial cloud with AI for secure digital finance

Game-Changer for Global Finance? UAE Unveils World’s First AI-Powered Sovereign Cloud to Guard Banks and Data In a bold leap that could redefine how modern financial systems operate, the Central Bank of the United Arab Emirates (CBUAE) has announced the launch of what it calls the world’s first sovereign financial cloud services infrastructure, a secure…

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U.S. Senate Democrats asked Treasury, DOJ to probe Binance’s illicit finance controls

Democrats in the U.S. Senate continue to pile onto Binance, asking the Treasury and Justice departments to investigate its sanctions compliance and protections against illicit finance following reports of potential terrorism funding. Nine senators, including a few that have been instrumental in negotiations over the crypto industry legislation known as the Digital Asset Market Clarity…

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