According to @DeepLearningAI, two significant U.S. regulatory developments could impact the crypto and AI trading landscape. Senator Cynthia Lummis has introduced the RISE Act, which would require AI developers to disclose technical details and known limitations to gain partial liability protection, a move that could increase transparency for AI-driven financial and trading tools without forcing them to be open source. Concurrently, the Federal Housing Finance Agency (FHFA), under Director Bill Pulte, is officially studying whether cryptocurrencies like Bitcoin (BTC) and Solana (SOL) can be counted as assets for U.S. mortgage applications. This potential policy change, a significant departure from the current rule requiring conversion to USD, could mark a major step towards mainstream crypto adoption, potentially increasing long-term demand and value for assets like BTC and SOL. The report notes that Director Pulte personally holds up to $1 million in both Bitcoin and Solana (SOL).

According to Vitalik Buterin, there is uncertainty regarding the impact of a new bill on open weights in AI development. Buterin notes that earlier versions of the bill included a full shutdown requirement incompatible with open weights, but this has since been removed. He seeks evidence on whether the current bill will still target open weights, despite some AI safety advocates expressing support for the legislation.