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Congress Hands Crypto the Keys

Posted July 18, 2025

Today's Tech FWD

By Today's Tech FWD

Congress Hands Crypto the Keys

Chris Campbell:

GENIUS, CLARITY, and WalmartCoin

Nine hours. Closed doors. One last-minute call from Trump. And suddenly, Congress—yes, the same one that can’t agree on the definition of milk—just greenlit three bills aimed at stabilizing stablecoins, disarming the SEC, and killing the Fed’s CBDC before it’s born.

First, there's the GENIUS Act. It requires full reserve backing for all stablecoins, mandates audits, and hands power to both federal and state watchdogs.

The second is the Anti-CBDC Surveillance Act. This one’s straightforward. The bill bans the Fed from ever launching a Central Bank Digital Currency (CBDC). No Orwellcoin. No programmable expiration. No Fed-issued money you can only spend on soy burgers.

Third is the CLARITY Act. This bill draws a line in the sand between what the SEC gets to regulate… and what it doesn’t. The big twist? The CLARITY Act allows tokens that were once regulated as securities to trade freely—peer to peer—after their initial sale.

It’s like saying: “Sure, we’ll regulate the initial coin offering (ICO)... but once it’s out there, let people do what they want.”

You know who loves this? Investors. Ethereum pumped. Bitcoin flexed. And the altcoin world started to dream again. This is just the beginning.

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James Altucher:

Netflix Starts Using GenAI in Its Shows and Films

Speaking at Netflix's post-results conference call on Thursday, co-CEO Ted Sarandos said that the platform had “the very first GenAI final footage to appear on screen” in an Argentine show called “El Atonata.” He noted that Netflix’s internal production group teamed up with producers to use AI to create a scene of a building collapsing.

Sarandos said that using AI, the scene was finished 10 times faster than it would have with traditional visual effect tools, and that it cost less.

“We remain convinced that AI represents an incredible opportunity to help creators make films and series better, not just cheaper. There are AI-powered creator tools. So this is real people doing real work with better tools. Our creators are already seeing the benefits in production through pre-visualization and shot-planning work, and certainly visual effects,” he said.

Co-CEO Greg Peters said Netflix is using gen AI in other areas as well, including personalization, search and ads, and that the company aims to roll out interactive ads in the second half of this year. Earlier this year, the company rolled out AI-powered search.

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Ray Blanco:

Robot Metabolism: The Next Evolution of Our Overlords?

In a move that inches us just a little closer to the singularity, engineers have developed robots that can grow, self-repair, and morph by absorbing parts from other robots. They can also help their brethren do the same.

At the moment, the robots in question are called Truss Link, which are basically bar-shaped modules with magnets at each end that resemble Geomag building toys. The modules can expand and contract, roll around, and link up with each other by linking up their magnets. So we're not talking about sophisticated robo-soldier assembly lines just yet.

Still, the proof-of-concept work by researchers out of Columbia University is another step toward making robots more self-sufficient than they currently are.

"True autonomy means robots must not only think for themselves but also physically sustain themselves," says Philippe Martin Wyder, lead author of a study detailing the work published in Science Advances.

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