“Progress is impossible without change”… The White House issued an executive order directing the SEC, CFTC, FDIC, OCC, CFPB, and NCUA to review rules, guidance, and supervisory practices that may impede fintech innovation (including policies viewed as favoring incumbents over innovators) within 90 days, then take action within 180 days,.
“Helpless, helpless, helpless”… A bipartisan House bill seeks to codify President Donald Trump’s Strategic Bitcoin Reserve, while Washington simultaneously expands support for quantum computing, the emerging technology widely viewed as a potential long-term threat to Bitcoin’s underlying cryptography.
“Technology is a useful servant but a dangerous master”… A hacker group called TeamPCP is poisoning open-source code at massive scale by secretly inserting malware into software that developers download and trust, allowing hackers to steal data, spread infections automatically, and potentially compromise thousands of companies through the software supply chain.
“There’s a crack in everything, that’s how the light gets in”… Astorg ($28 billion AUM) is struggling to raise its new flagship private equity fund, underscoring growing pressure across the industry as investors slow commitments in an increasingly difficult fundraising environment.
“If you’re going through hell, keep going”… Commercial real estate values have fallen 15-20% overall from 2022 peaks, with office properties hit hardest (many down 35-50% and some distressed buildings down over 90%) – price declines are resulting in catastrophic equity losses for highly leveraged real estate sponsors.
“Can’t read my poker face”… Congress reintroduced the bipartisan NO FAKES Act, creating federal protections for every American’s voice and likeness against unauthorized AI deepfakes, pornographic impersonations, scams, and other forms of AI-enabled identity misuse.
“Every action has an equal and opposite reaction”… Federal prosecutors are investigating valuation practices at a BlackRock private credit fund after a 19% markdown surprised investors, amid scrutiny of private credit valuations and fee incentives across the $1.8 trillion industry.
“A society that puts equality before freedom will get neither”… Gavin Newsom signed an executive order launching an AI workforce-impact dashboard, studying programs that could direct AI-company revenue toward public-benefit uses, exploring state access to advanced computing power, and reviewing ways workers could share in AI-driven productivity gains.
#investmentbanking #technology #corporatecurrency #homecrowdadvantage #privateequity #venturecapital #castleplacement #cpgoapp
