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first_img A U.S. judge ruled that the Trump administration illegally retaliated against Anthropic, lifting the ban and issuing a permanent injunction

U.S. Federal Judge Rita Lin issued a partial summary judgment in a 59-page ruling regarding Anthropic's lawsuit against the Trump administration, determining that the government's punishment of Anthropic for publicly refusing to allow the military to use its Claude large model for mass surveillance of U.S. citizens and lethal autonomous operations constituted illegal retaliation, violating the First Amendment, due process clause, and the Administrative Procedure Act. The judge also revoked the related designations and Defense Secretary Hegseth's injunction, issuing a permanent injunction.The controversy arose from the Pentagon's demand that Anthropic remove all usage restrictions and accept terms allowing "all lawful uses," while Anthropic maintained its last two bottom lines. On February 27, 2025, Trump ordered all federal agencies to cease using the company's technology, and Hegseth subsequently prohibited any military contractors from doing business with it. During this process, the government abandoned its core claims, acknowledging that Anthropic had no backdoor access to the deployed models and that the risks of Claude were no greater than those of other "black box" systems. Lin pointed out that the government's punishment under the guise of "national security" was not a blank check, and that the government had been operating under the preliminary injunction since March without indicating any harm.Anthropic did not achieve a complete victory, as its claim that Trump's directive exceeded presidential authority was dismissed. Anthropic informed the court that if the relevant measures continued, its defense-related revenue would decrease by 50% to 100%, resulting in a loss of billions of dollars in overall revenue by 2026.

Zhao Changpeng: It is difficult to predict the outbreak point of the next cycle, and we do not rule out large AI companies issuing tokens

Zhao Changpeng stated at the "Bitcoin Asia 2026" conference in Hong Kong that both the RWA and AI sectors are currently very strong. Stablecoins, centralized exchanges, decentralized exchanges, and Meme tokens, which have been growing, will continue to grow, and NFTs may return in some form. It is difficult to predict what the next breakout point will be, just as it was impossible to predict the coin issuance craze at the beginning of 2017 and the NFT craze six months before it exploded; these all require entrepreneurs to create.He also mentioned that the funds used by billions of AI agents for automated buying, selling, negotiating, and trading in the future will definitely be cryptocurrencies, likely starting with stablecoins, and then gradually integrating other public chain assets like Bitcoin. He has discussed the possibility of issuing tokens with several top AI companies, as building data centers requires huge amounts of capital, with the cost of 1 GW of computing power being about $30 billion to $50 billion. Some AI companies plan to build hundreds of GW of computing power in the coming years, so they are considering issuing data center tokens that would allow holders to gain rights to use computing power in the future. Additionally, the payment scenarios for AI agents may be implemented later than trading scenarios; currently, AI companies are more focused on helping agents find optimal trading solutions, while trading scenarios require AI to process information quickly, which can increase trading efficiency by about ten times.

TD Cowen: The U.S. Congress is close to permanently banning the Federal Reserve from issuing CBDC

Investment bank TD Cowen stated that the U.S. Congress may be close to passing legislation to permanently prohibit the Federal Reserve from issuing a Central Bank Digital Currency (CBDC). This move could benefit stablecoin issuers but may also introduce new complexities for cryptocurrency market structure legislation.Last week, U.S. Senator Ted Cruz proposed an amendment in the housing bill "21st Century ROAD to Housing Act," calling for a permanent ban on the Federal Reserve issuing CBDC. The amendment aims to convert the currently effective temporary ban, which lasts until 2030, into a permanent provision. The housing bill is expected to be submitted for a Senate vote as early as this week.Jaret Seiberg, Managing Director of TD Cowen's Washington research department, indicated that the housing bill ultimately submitted for the president's signature is likely to include this ban, and the possibility of a permanent ban is higher than that of a temporary one. Seiberg pointed out that the amendment is primarily aimed at solidifying the current policy stance.The Federal Reserve has repeatedly stated that it will not issue a digital dollar without explicit authorization from Congress. Meanwhile, several U.S. lawmakers have recently co-signed a letter to congressional leadership, urging for a permanent ban on CBDC. Congressman Ralph Norman stated that unlike cash, CBDC could allow the government to track transactions and monitor individual spending behavior, thus a permanent ban is necessary to protect the privacy and freedom of Americans.It is noteworthy that the U.S. House of Representatives passed the "Anti-CBDC Surveillance State Act" last year, which prohibits the Federal Reserve from directly issuing CBDC to individuals. Cruz has also been actively pushing for similar legislation in the Senate.
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