OCC Promises Final Rule for GENIUS Act by November
The Office of the Comptroller of the Currency will release a final rule implementing the GENIUS Act by November. Comptroller Jonathan V. Gould stated the agency began working on the rule before the President signed the bill into law.
Read full story →China Expands Digital Yuan Operator Network to 30 Other Banking Platforms
China's central bank added 30 commercial banking platforms to operate its digital yuan currency system. The People's Bank of China made this expansion announcement on August 17, 2026, broadening the e-CNY's operational network among commercial lenders.
Nvidia Weighs Investment in Round Valuing Mercor at $20 Billion
Mercor, a data labeling provider for AI model development, is being valued at $20 billion in a potential funding round that Nvidia may join. The specific investment size and total round amount remain undisclosed.
OpenAI CFO Tells Employees Public Debut Coming by 2027
OpenAI's CFO told employees the company will become public by 2027, potentially sooner if business growth continues to accelerate. The CFO stated a public debut could happen this year if the company's business trajectory sustains its current acceleration rate.