‘Not Going to Stop at Bitcoin’: Morgan Stanley Weighs Tokenization, Tax Solutions in Crypto Push

In brief Amy Oldenburg, head of digital-asset strategy at Morgan Stanley, sees a tokenized money-market fund as a natural path forward for its crypto roadmap. What’s more, the investment bank with $9.3 trillion in client assets could explore tax-lost harvesting strategies for digital assets via the subsidiary Parametric. The firm has an army of more…

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Powell, Bessent Warn Banks About Security Risks From Anthropic’s Mythos AI: Bloomberg

In brief U.S. officials warned major banks about cybersecurity risks tied to Anthropic’s Mythos AI model, Bloomberg reports. The system can reportedly identify and exploit vulnerabilities in operating systems and browsers. Anthropic has limited access to the model while it evaluates potential security risks. U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell…

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Elon Musk’s xAI Sues Colorado Over AI Law as Fight Over State Regulation Intensifies

In brief Elon Musk’s AI company filed a federal lawsuit seeking to block Colorado’s AI law before it takes effect on June 30. The case reflects a broader conflict over whether states or the federal government should regulate artificial intelligence. The company faces separate lawsuits and investigations tied to Grok’s image-generation tools. Elon Musk’s artificial…

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The CIA Let AI Write Its First Intelligence Report—And AI ‘Coworkers’ Are Up Next

In brief CIA Deputy Director Michael Ellis confirmed the agency produced its first-ever fully AI-generated intelligence report. Ellis outlined a roadmap for AI “coworkers” in analyst workflows—and within a decade, officers managing teams of AI agents. The disclosure came as the CIA distanced itself from Anthropic, whose tools the Trump administration has ordered federal agencies…

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