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According to a report by CCTV Finance, Tesla will start limiting employee spending on artificial intelligence tools from the 6th of this month. Similar measures have also been adopted by several other American tech companies.It is reported that Tesla has issued an internal memo to employees announcing that starting from July 6, the spending limit for each employee on AI tools will be $200 per week, and any excess must be approved by a supervisor. However, spending by Tesla employees on the Grok model from xAI, owned by Musk, will not count towards the $200 limit.It is understood that Grok has low acceptance among Tesla employees, with most still choosing to use Claude from Anthropic.

The Reserve Bank of India (RBI) reiterated its support for a regulatory strategy of "containment and a tendency to prohibit" regarding crypto assets in a document submitted to the Parliamentary Standing Committee on Finance, stating that "prohibition" remains one of the policy options recognized by the international regulatory framework. The RBI suggested that banks and other regulated financial institutions should not hold, trade, or provide exposure to crypto assets and privately issued stablecoins to avoid potential contagion risks to the financial system.The RBI stated that implementing traditional financial regulation on crypto assets could mislead the market, granting "legitimacy" to speculative assets that lack actual economic value and creating a false sense of security for users. The RBI also warned that the widespread use of stablecoins could undermine India's monetary sovereignty, weaken the transmission mechanism of monetary policy, disrupt the payment system, and pose risks to financial stability. Therefore, it recommended prioritizing the development of sovereign digital payment infrastructure such as Central Bank Digital Currency (CBDC). Additionally, the RBI questioned the relevant rankings claiming "India is the country with the highest global crypto adoption rate," arguing that the data from private blockchain analytics firms has methodological flaws. It pointed out that there are currently 54 crypto service providers registered with the FIU in India, with approximately 39.3 million users who have completed KYC verification holding crypto assets worth about 20.437 billion rupees. It should be clearly distinguished between speculative crypto assets and the tokenization of real-world assets (RWA) such as government bonds and corporate bonds to avoid impacting the innovation of financial asset tokenization.

According to the Financial Times, the U.S. government is in discussions with several AI companies and plans to introduce voluntary industry standards for the release of cutting-edge AI models as early as next week, to prevent advanced technologies from being misused by other countries. The standards will clearly define regulations regarding model performance benchmarks, release timelines, and domestic and international access permissions.Affected by recent tightening of regulatory policies, several leading AI companies have adjusted their operations. OpenAI has postponed the full release of GPT-5.6 at the government's request, allowing access only to a few partners that have passed qualification reviews; two top models from Anthropic have just had their export restrictions lifted after nearly three weeks; Google is also in close communication with the government while preparing a new generation of code models. Additionally, the report mentions that both OpenAI and Anthropic, which are currently under regulatory scrutiny, are actively preparing for their initial public offerings (IPOs).

According to Cointelegraph, new regulations for cryptocurrency ATMs in Tennessee and Georgia took effect on July 1. Tennessee has implemented a comprehensive ban, while Georgia requires transaction limits and reporting obligations. Previously, Indiana enacted a ban in March, and Minnesota will enforce a similar ban on August 1. Before the ban took effect, there were about 185 cryptocurrency ATMs and kiosks operating in Tennessee. Governments in various regions have taken action due to frequent incidents of residents (especially the elderly) being scammed into transferring money through cryptocurrency ATMs. Legislators in Delaware and New Jersey have proposed similar comprehensive ban measures.

According to Reuters, the Austrian government has proposed that the EU consider bringing the AI company Anthropic into its territory to address the U.S. restrictions on foreign users accessing advanced AI models.In an open letter to the EU Commissioner for Technology, Austrian Secretary of State for Digitalization Alexander Proell called on the EU to jointly explore Anthropic's strategic layout and participation in Europe, and to provide it with legal protection, market access, and capital support. He emphasized that Europe must ensure it is not excluded from major technological innovations and strive to become the architect of the technological future rather than a passive recipient.It is reported that the European Commission proposed relevant legislation earlier this month aimed at boosting the local cloud computing, AI, and semiconductor industries to reduce dependence on U.S. tech giants. Currently, Anthropic has not responded to this proposal.

On-chain detective ZachXBT stated that during the migration from the traditional private messaging system to XChat, the X platform encountered multiple technical bugs. At the same time, the reliability of the platform's search function declined, affecting information retrieval efficiency. More importantly, the X platform's algorithm has a "traffic bottleneck" for cryptocurrency content, making it easier for content to be restricted within the cryptocurrency vertical, thereby reducing the ability to reach a broader audience.

According to a report by the Financial Times cited by Jinshi, Google has imposed limits on Meta's use of its Gemini AI model, as Meta's computing power exceeds what Google can provide.The report states that Google informed Meta around March that it could not meet all of the Gemini computing power that Meta sought to purchase, adding that this gap disrupted and delayed some of Meta's internal AI projects. The report also noted that several other clients of Google were affected, but to a lesser extent. The Financial Times stated that Meta was particularly severely impacted due to its exceptionally high demand for Google's models.

According to The Block, a survey by CoinShares of 261 wealth management professionals in Europe shows that 52% of UK wealth advisors indicate that most of their clients' crypto asset exposure is outside their management scope (with a management gap exceeding 50%), while the overall percentage in Europe is one-quarter.The report points out that this "management blind spot" is primarily driven by company policies rather than a lack of advisor knowledge or client demand. In companies with explicit restrictions or a lack of internal guidance, the proportion of advisors actively recommending crypto assets is only 1%, while the management gap reaches 34%; in contrast, in companies with clear support, the recommendation rate is 48%, and the management gap is only 4%.The survey also found that the changes advisors most want to see are regulatory recognition of digital assets as a mainstream asset class (45%) and access to exchange-traded products (ETPs) (43%), rather than purely educational training.Currently, the UK's Financial Conduct Authority (FCA) has proposed allowing authorized funds to hold up to 10% in crypto ETPs, and the European regulatory environment is gradually shifting towards support, which may help narrow this management gap.

On Monday, the Bank of England released the final policy statement and draft rules for systemic stablecoins, easing several previously proposed regulations. The bank removed the original plan to set a limit on individual holdings and instead established a temporary issuance cap for each type of stablecoin, with an initial limit set at £40 billion (approximately $52.8 million). Additionally, the Bank of England allowed issuers to hold up to 70% of reserve assets in short-term UK government bonds, higher than the previously proposed 60%, while the remaining portion must be deposited in interest-free accounts at the central bank. The related consultation will continue until September 22, and the rules are expected to be finalized by the end of 2026, with regulated stablecoin operations set to begin in the UK in 2027.

According to the Financial Times, informed sources revealed that JPMorgan Chase has stopped its Hong Kong employees from accessing Anthropic's AI models. Currently, the bank's Hong Kong employees can no longer call models like Claude from the internally approved large language model dropdown list.It is reported that this decision is primarily based on the specific wording of the usage terms in the licensing agreement between JPMorgan Chase and Anthropic. According to the relevant terms, the usage scope of Anthropic's models excludes the Greater China region (including Hong Kong). Earlier this year, Goldman Sachs also implemented similar access restrictions for its Hong Kong employees based on a strict interpretation of these terms.Although international institutions previously could usually circumvent regional restrictions by signing global contracts and hosting data overseas, compliance actions among Wall Street banks are tightening as the U.S. government and regulatory agencies increasingly scrutinize the overseas use of AI technology. Anthropic has previously made it clear that its Claude model has never been officially "supported" in Hong Kong.

Hungarian government spokesperson Anita Köböl stated at a press conference on Thursday that Hungary will lift restrictions on cryptocurrency trading. These restrictions previously required approval verification for exchanges and subjected the public and DApp service providers to criminal liability. Anita Köböl indicated that the rules introduced last year led to a decline in cryptocurrency trading activities in the country, causing several digital asset platforms to suspend their cryptocurrency services in Hungary and prompting the EU to review whether these restrictions comply with EU regulations. According to the legislative package passed in 2025, individuals or entities conducting cryptocurrency exchanges through unauthorized exchanges could face up to eight years in prison. This move marks a shift in Hungary's policy, as the new government, following the Tisza party's administration, is working to ease years of conflict between Hungary and the EU.

Stand With Crypto's UK branch has initiated action, calling on banks to lift restrictions on transfers to cryptocurrency exchanges, arguing that such practices conflict with the UK's goal of becoming a global digital asset hub.The organization stated that about 40% of banks in the UK have blocked or delayed transactions to cryptocurrency exchanges, and 80% of exchanges reported a significant increase in trading resistance from customers over the past year. Some exchanges have even experienced nearly £1 billion in transaction cancellations within a year due to banks refusing to process transfers.Stand With Crypto UK plans to mobilize over 286,000 registered cryptocurrency advocates in the UK to submit formal complaints to their respective banks. The organization stated that users should not be unable to access legitimate asset classes due to banks imposing "one-size-fits-all" restrictions on the entire industry.

According to Cryptopolitan, Hungary's newly appointed Minister of Technology, Zoltán Tanács, announced on June 6 that unreasonable restrictions on the cryptocurrency market would be lifted, reversing the previous government's policies, including criminal penalties for unauthorized crypto services. The rules, effective July 2025, led to platforms like Revolut withdrawing from the Hungarian market, and local businesses faced higher compliance costs.Tanács took office after the new government was formed in May 2026 and believes these rules were politically motivated. The new government also plans to amend the cybersecurity audit regulations under the NIS2 directive, with approximately 4,000 Hungarian companies facing a compliance deadline of June 30. Hungary is seeking to draw on Estonia's digital governance model, positioning itself in support of the EU MiCA framework.

According to CoinDesk, the UK House of Lords Financial Services Regulatory Committee has called on the Bank of England to reconsider the proposed limits on stablecoin holdings in its latest report. The committee suggested that rather than imposing a holding cap in advance, it would be better to monitor market growth and only implement restrictions when financial stability risks clearly necessitate it. The Bank of England had previously proposed a holding limit of £20,000 for individuals and £10 million for businesses for each stablecoin. The report also questioned the rules on reserve assets, stating that this could have a significant impact on the commercial viability of UK stablecoin issuers. The Deputy Governor of the Bank of England acknowledged last month that the proposed holding limits and reserve requirements were "too conservative" and stated that they are exploring other ways to manage the risks associated with stablecoins.

According to CoinDesk, the UK has imposed sanctions on 18 entities and individuals accused of assisting Russia in evading Western restrictions and funding its war in Ukraine, including the cryptocurrency exchange Huobi Global S.A. (operator of HTX) and the stablecoin issuer Open Joint Stock Company "Virtual Asset Issuer."This is the first time the UK has applied Regulation 17A, which targets sanctioned banks, to cryptocurrency exchanges, requiring UK financial institutions and cryptocurrency service providers to freeze relevant funds, track on-chain transactions, and not maintain agency relationships or process payments related to sanctioned entities. The sanctions primarily target the A7 payment network.According to the official announcement from Huobi HTX, the sanctioned "Huobi Global S.A." and the online Huobi HTX exchange are independent entities, and this sanction will not affect the online Huobi HTX exchange. Currently, Huobi HTX's global operations are normal, and user funds are safe and secure.

The South African National Treasury and the South African Reserve Bank (SARB) stated that they are shifting the focus of cryptocurrency asset regulation to rules governing cross-border digital asset activities, rather than restricting the holding itself, and have extended the public comment deadline for the draft Capital Flow Management Regulations to June 30, 2026. Both parties clarified that the proposed rules are not intended to criminalize the holding of cryptocurrency assets and will not be applied retroactively. A draft manual for the cross-border cryptocurrency asset framework will be released later, clarifying the definition of cross-border cryptocurrency transactions and the obligations of authorized cryptocurrency service providers.

Documents from the U.S. Department of Justice show that Trump has reached an unusual settlement agreement with the federal government, terminating a $10 billion lawsuit filed by him and his businesses against the Internal Revenue Service (IRS), and further expanding the relevant terms.The agreement states that the IRS will be "permanently prohibited" from investigating or continuing existing audits related to tax returns previously submitted by Trump, his businesses, and family members. The Department of Justice stated that this restriction only applies to the scope of existing audits.Meanwhile, the U.S. government has agreed to establish a "Deweaponization Fund" of up to $1.8 billion to compensate individuals or groups claiming to have been improperly treated during government investigations. This arrangement has been criticized by some Democratic lawmakers as a "disguised transfer of benefits," and has also raised questions within the Republican Party.Former IRS Commissioner pointed out that there has never been a precedent showing that the tax agency would permanently waive its right to review the historical filings of specific individuals or businesses, emphasizing that tax enforcement principles should remain consistent for all taxpayers. The Senate indicated that there are still many unresolved issues with this agreement, which is expected to continue to spark political controversy and regulatory discussions.

On Tuesday local time, U.S. President Trump signed an executive order requiring the federal government and the Federal Reserve to review the existing regulatory framework to promote deeper integration of digital assets and financial technology into traditional financial services and payment systems. The executive order mandates U.S. financial regulators to review current rules within the next three months and identify any "unreasonable barriers" to cooperation between fintech companies and federally regulated financial institutions. Within six months, regulators must also take measures to encourage financial innovation. Among other things, the order specifically requires the Federal Reserve to reassess the eligibility of uninsured deposit institutions and non-bank financial companies for payment accounts and payment services.The document also requests the 12 regional Federal Reserve Banks to study whether they can independently open payment accounts to relevant institutions without relying on the approval of the Federal Reserve Board. Analysts believe this policy may benefit special purpose deposit institutions in Wyoming and similar structures for cryptocurrency companies. Previously, Kraken's Wyoming SPDI had obtained a limited version of "master account" authority from the Kansas Federal Reserve, and other cryptocurrency institutions are also seeking similar qualifications. Reports indicate that the Federal Reserve is currently also studying a more formal "streamlined master account" mechanism and had announced related proposals last December.

Centralized exchanges Coinbase, Kraken, and Gemini urged U.S. Senate lawmakers to remove specific provisions in the Digital Asset Market Structure Bill. The provision restricts trading platforms from listing tokens that are susceptible to market manipulation. The exchanges submitted amendments requesting the removal of this restriction, arguing that this regulatory standard, derived from traditional commodity futures, would hinder the listing of low liquidity small tokens on compliant exchanges and limit industry innovation.

According to The Block, Rob Nichols, the CEO of the American Bankers Association (ABA), sent a letter to bank executives on Sunday evening urging them to contact senators to further tighten the provisions related to stablecoin rewards before the Senate Banking Committee's markup vote on Thursday.Nichols warned that the current draft fails to effectively prevent crypto companies from offering "interest-like rewards" to users, which could lead to significant outflows of bank deposits, threatening economic growth and financial stability.The current draft, negotiated by Senators Angela Alsobrooks and Thom Tillis, prohibits paying interest or returns to users holding stablecoins but allows rewards linked to real activities or transactions, a provision that has received support from Coinbase. The banking industry groups believe that the related exceptions contain loopholes that could be exploited and jointly sent a letter on May 8 to Committee Chairman Tim Scott and Democrat Elizabeth Warren, requesting technical revisions to the wording of the provisions.