#us

The structure of upcoming spot Ethereum ETFs in the US is becoming evident. Most issuers are setting initial client discounts that transition into fees between 0.19% and 0.25%.

A study by SAS reveals that China is at the forefront of global AI implementation, with 83% of companies utilizing artificial intelligence. This is notably higher than the adoption rates in the UK (70%), the US (65%), and Australia (63%), with the global average at 53%.

The US Federal Reserve has concluded its annual stress test, evaluating 31 banks to ensure they can withstand minimum capital requirements in the event of a hypothetical recession.

South Korean tech behemoth Samsung Electronics is setting its sights on surpassing Taiwanese chip titan TSMC and becoming the first to manufacture chips using 2-nanometer technology in the US. In pursuit of this goal, Samsung is channeling approximately $40 billion into research and the modernization of its Texas facility, projecting to outpace its rival by two years.

Cryptocurrency magnates are tapping into their vast resources to sway the upcoming US government towards a more crypto-friendly direction.

Web traffic analysis reveals that the United States, the United Kingdom, and Turkey are at the forefront of countries showing keen interest in the integration of artificial intelligence with cryptocurrencies, with the United States alone contributing to 18.9% of this fascination. These findings were highlighted in the latest report by CoinGecko, which identified the top fifteen countries engaging with this trend.

The Biden administration has reiterated its proposal to implement a 30% excise tax on electricity used by miners, targeting the 2025 fiscal year's budget. This move mirrors a similar proposal from last year, which ultimately was not adopted.

Asset management company Abra has launched the Abra Treasury, a crypto platform for corporate clients.

US SEC documents reveal that Montenegrin Prime Minister Milojko Spajić invested €75,000 (around $80,000) for 750,000 Terra (LUNA) tokens in April 2018. At their highest value, these tokens would have been worth about $90 million.

The US House of Representatives has voted in favor of the Act to Protect Americans from Applications Controlled by Foreign Adversaries.

Tether, the issuer of the USDT stablecoin, has again provided assistance to US law enforcement by helping to recover about 1.4 million USDT stolen by fraudsters masquerading as technical support. Tether has announced that all recovered funds will be returned to the victims and that the company will maintain its voluntary cooperation with government authorities.

A US court has declared that trading certain cryptocurrencies on the secondary market amounts to dealing in securities, thereby falling under the purview of the Securities and Exchange Commission (SEC). Judge Tana Lin delivered this verdict while presiding over an insider trading case involving acquaintances of employees at the crypto exchange Coinbase.