In a 68-30 vote, the Senate passed the GENIUS Act, establishing a federal regulatory framework for stablecoins, with bipartisan support including 18 Democrats. The bill’s passage, despite earlier opposition, is seen as a win for the crypto industry, which has heavily influenced political action, although critics like Senator Elizabeth Warren raised concerns over regulatory adequacy.
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Uber shifts gear in the robotaxi race
Uber has partnered with Chinese tech giant Baidu to integrate thousands of Baidu's Apollo Go robotaxis into its ride-hailing app, expanding the service beyond China and the U.S. Baidu has been testing these robotaxis in various Chinese cities since 2019, marking a significant step in autonomous ride-hailing services. Explain It To Me Like I'm 5: Uber is teaming up with Baidu to add a lot of robot cars to its app, helping people ride in...
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