POLICY: The @CFTC is warning prediction markets that their trader-incentive programs could enable wash-trading and market manipulation. Second advisory to the sector in as many months. Read more on CoinDesk

#Policy# | 🛍️✈️ #Hengqin# Shopping Upgrade! On July 1, Hengqin launched a new departure tax refund service across 74 registered stores, including Chimelong Ocean Kingdom. Global travelers spending 200 yuan or more can use a streamlined "one bag, one code" paperless system, bypassing unpacked customs inspections. Backed by a new three-year subsidy plan (2026–2028), Hengqin is partnering with #Macao# and #Zhuhai# to build a world-class cross-border shopping paradise. Dive in: #TaxRefund# #ChinaTravel# #DutyFree# #China# #Guangdong#

“Policymakers who assume Americans will uncritically embrace AI, labor-market disruptions and all, will be in for a rude awakening,” write James Davidson and Matthew Slaughter.

POLICY: South Korea's FSC plans to release detailed tokenized securities rules in July, covering tokenized stocks, bonds and money market funds, ahead of a full regulatory framework taking effect in February 2027.

Policy signal, without the noise. Launching the new @EntEthAlliance Policy Friday tracker in beta: a live feed tracking regulatory moves from official agencies shaping institutional @ethereum . Scans, filters, stores outputs from global agencies (SEC, MAS, OCC, TREAS, ECB, CSRC...) Feedbacks welcome

AI policy is becoming politicized. Instead of arguing about the identities and affiliations of people in the space, I think it’s better to focus squarely on the quality of their arguments and ideas: What can the models can do, how do they work, and—as AI systems grow more sophisticated—what steps can we take to keep humans in the loop? I enjoyed speaking with @WNGdotorg’s Grace Snell for this deeply-researched piece on AI’s growing capabilities. The bottom line is that it’s getting harder for researchers to monitor LLM reasoning. This is legitimately dangerous and could put new threats to critical infrastructure as AI is trusted with acting autonomously of human oversight. Labs and the U.S. government need a serious plan for what to do about it.