RWA ๐ Global & Macro: US senators are discussing a duty of care for AI companies, aiming to hold them accountable for their models’ impacts. This signals growing regulatory scrutiny of AI.
๐ฆ RWA & Institutional: EDEL joined the DTC Digital Asset Solutions working group, boosting its price as two addresses accumulated 7.89M tokens. This highlights institutional interest in digital asset integration.
โก Crypto & Markets: Senator Elizabeth Warren will criticize the CLARITY Act, citing major loopholes in ethics provisions, adding regulatory uncertainty. Meanwhile, 31% of PONS total supply has been burned, potentially impacting its market dynamics.
๐ก Key Takeaway: Regulatory developments in AI and crypto are intensifying, while token burns and institutional adoption drive market movements.