Today in crypto, the US and UK signed an agreement to collaborate on various emerging technologies including artificial intelligence and nuclear energy. The agreement, while non-binding, aims to promote joint research initiatives between governmental departments to explore technological advancements such as quantum computing, which has become significant in the crypto community due to its potential to compromise current encryption standards. Meanwhile, Australia’s Securities and Investments Commission has eased licensing requirements for stablecoin distributors, allowing intermediaries to operate without holding their own licenses for certain stablecoin activities under a new exemption. Coinbase CEO Brian Armstrong expressed optimism regarding the Digital Asset Market Clarity Act, highlighting bipartisan support in Congress that could pave the way for clearer regulations in the crypto industry. He noted that this legislation is crucial for fostering innovation and consumer protection in the US crypto market.

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