The UK’s approval of a new Chinese embassy in London was lawful, High Court judges ruled in a decision that could mark the end of a long-running saga that’s strained Britain’s ties with China.
A two-judge panel found the government had examined the necessary concerns around national security and the safety of people who would live near the so-called super embassy next to to the historic Tower of London. The court rejected all grounds for the challenge brought by a group of local residents who also flagged espionage risks.
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Circle Internet Group, Inc. (CRCL), the issuer of USDC, the world’s second-largest stablecoin, announced Friday that it secured a limited purpose trust charter from the New York Department of Financial Services (NYDFS).
The trust charter is an official state banking authorization that allows the holder to legally provide fiduciary, custody and asset-management services under the New York Banking Law.
“Earning a New York trust charter has been a longstanding objective for Circle given the regulatory clarity that comes with it,” — said Jeremy Allaire, Co-Founder, Chairman, and CEO of Circle.
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These institutions are leveraging Ripple’s technology while integrating into a BIS-driven initiative: Standard Chartered, BBVA, BNY Mellon, Sumitomo Mitsui Banking Corporation (SMBC), MUFG, Mizuho.
This positions Ripple as an efficient bridge asset for global foreign exchange settlement between financial institutions.
That objective closely aligns with the ultimate vision of BIS Project Agora.
#Stellar
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Quantum computing may be approaching its biggest milestone yet: generating meaningful commercial revenue, according to IBM CEO Arvind Krishna, who said the technology is close to becoming a business rather than simply a long-term research project.
Speaking on CNBC's Mad Money, Krishna said he expects the sector to begin making a measurable contribution to IBM's revenue and profit by 2028 or 2029.
"By the end of the 2030s, we are now pretty convinced this is a trillion dollars of value," — Krishna said, describing what he sees as the long-term economic potential of quantum computing.
IBM has already demonstrated some of that potential, using quantum computers to uncover properties of materials that conventional computers had been unable to model. Those insights could eventually contribute to longer-lasting batteries, new materials, fusion energy research and drug discovery.
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"Starlin V3 is a gamechanger," — Elon Musk wrote on X.
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"Our Founding Fathers — George Washington, Thomas Jefferson, and Alexander Hamilton — could never have imagined the economy America has built today. It is the envy of the world.
As President Trump has said, record investment is pouring into the U.S. Thanks to President Trump's leadership — from digital assets and technological innovation to restoring American manufacturing — we are pulling away from the rest of the world," — said Treasury Secretary Scott Bessent.
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🚘 Amazon's Zoox has won US approval for limited commercial deployment of its novel steering-wheel-free robotaxis, a first for the autonomous ride industry
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"Senators and staff across the aisle have spent months addressing hard questions about jurisdiction, investor protections, and developer safeguards. The framework that emerged protects investors, shields legitimate developers from overreach, and provides the certainty Americans deserve.
After months of bipartisan work, the industry is ready for CLARITY."🚀
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Less than 48 hours after announcing the integration of its AI image generator, Nano Banana 2, into Google Earth, Google said it was pausing the feature "while we work on implementing stronger guardrails." Experts raised concerns about potential misuse and the spread of misinformation.
The retracted feature enabled users to use text prompts to generate false scenarios on top of a base layer of real satellite, aerial or 3D imagery — which could then be downloaded and shared on other platforms.
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NASA opened its newest wind tunnel, the Flight Dynamics Research Facility, providing a critical resource for the agency and its partners to test the safety and performance of future generations of aircraft, rockets, and space exploration vehicles.
“The Flight Dynamics Research Facility is NASA’s first major new wind tunnel in more than 40 years and gives us a powerful new platform to test the ideas and technologies that will shape the future of aviation and exploration,” — said NASA Administrator Jared Isaacman.
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The agreement allows Japanese researchers and organisations to take part in Horizon Europe on equal terms with those from EU Member States and other associated countries. The EU and Japan will now further expand cooperation to address shared global challenges, notably in the digital transition, health, and technologies that support climate neutrality.
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