... proposals in the report include: Digital Asset Market Clarity Act. This initiative is intended to fill oversight gaps by assigning the Commodity Futures Trading Commission (CFTC) control over the spot market for digital assets that are not considered securities. Federal Legalization of Crypto Trading. Regulators (SEC and CFTC) are instructed to immediately permit federal trading of digital assets through clarifications, with clear registration requirements for companies, cryptocurrency custody, operations,...

... in debt), and its valuation has soared to $80 billion. Meanwhile, rival OpenAI is reportedly targeting a round of up to $40 billion, as the scale of AI funding reaches unprecedented heights. Defense tech boom: Defense-tech startup Mach Industries has secured a $100 million Series B, demonstrating VC funds' growing interest in military and aerospace developments amid the geopolitical situation. Big deals outside of AI: Geothermal energy startup Fervo Energy has raised $100 million from Breakthrough ...

... players. The Ripple Case: Legal Clarity Achieved In June 2025, the SEC and Ripple Labs reached a settlement, concluding a years-long legal dispute. The outcome of this settlement clarified that the sale of XRP on the secondary market does not violate securities laws, removing significant legal uncertainty for the token. This has bolstered investor confidence: XRP's price surged to multi-year highs following the news, and the market received a positive precedent. Ripple's successful defense has signaled ...

... perceive them as speculative elements. Even in jurisdictions where there are no outright bans, companies operate cautiously, fearing sudden restrictions or new tax regulations on such transactions. Specific questions arise concerning digital ownership and security. Although NFTs confirm rights to an object, the game items themselves are still dependent on the existence of a specific game or server. If a project shuts down, token holders may be left with nothing but a record on the blockchain. Ethical dilemmas ...

... the industry's history; Meta and Scale AI : The corporation Meta invested $14.3 billion in the AI infrastructure startup Scale AI , marking one of the largest deals of the year; Thinking Machines Lab : The new startup of former OpenAI CTO Mira Murati secured about $2 billion in a seed round at a valuation of around $12 billion, setting a record for early-stage funding; Anduril Industries : The startup Anduril, working at the intersection of defense technologies and AI, raised $2.5 billion in a Series ...