Axios

Sen. Cynthia Lummis predicted at a gathering of original cryptocurrency fans today that Sen. Tim Scott would chair the Senate Banking Committee if Republicans took control of the Senate in this upcoming election. That would mean a shift in the vision for regulation of all sorts of financial matters, particularly the $1.3 trillion Bitcoin economy, which Scott promised to treat with a "light touch."

Famed activist short-seller Andrew Left is facing criminal charges and civil complaints alleging that, for years, he manipulated stock prices and lied to investors about his positions.

Trump will deliver a keynote speech at a Bitcoin conference in Nashville Saturday. His appearance comes amid cryptocurrency's emergence as a wedge issue in the 2024 election. It's already caused some notable tech executives to pledge support — and donations — to the former president.

The White House on Friday announced that agencies are ahead of schedule on AI executive order work and hit all of their July 26 deadlines. The big picture: The executive branch — not Congress — is in the driver's seat for federal AI regulation. If the majority of tasks in the executive order are completed before a potential Trump administration, they would have a much harder time repealing it. Read the full story from Tech Policy reporter Maria Curi on AxiosPro.com: https://lnkd.in/ee6dRSfm

Athletes are raising concerns about scorching temperatures at the 2024 Paris Olympics, which could affect not only athletes and attendees' health but also athletic performance. And it’s not just the Olympics – tennis grand slams, the FIFA World Cup and countless other global sporting events traditionally held in summer months are put at risk.

The cost of car insurance is hitting record rates nationwide — but drivers in some states are feeling the pain more than others. See where rates stand in your state:

Cash benefits are the relatively affordable first step toward the dream of a universal basic income.

Here's when Team USA's biggest stars will compete for a chance at gold this weekend, including: 🤸🏾 Simone Biles 🏀 LeBron James 🏊🏻♀️ Katie Ledecky

⭐️ Introducing, Taylor C.! #ThisIsAxios

It is basically impossible to get a reservation at Din Tai Fung Restaurant Group NYC at the moment. Friends have been texting me like I have some sort of magic wand — I wish!! 😩 The largest-ever location of the global dim sum chain held its grand opening last week and I grabbed Albert Yang, EVP and head of North America operations, after the ribbon cutting ceremony to get his thoughts on the wild demand: "We're blessed to have such a strong customer base and we have a responsibility to be able to share this experience with as many people as we can," he told me. Albert, his brother and his family have been busy this summer with another opening as well — in Anaheim. Bouncing back and forth between the coasts and managing hundreds of people to be trained in the DTF way is a job I'm particularly curious to learn more about. Aren't you? One of my servers originally from San Diego shared with me that he would be posted in the NYC location for about a month to help get the new place humming. My story @ Axios: https://lnkd.in/eygivEWM