Reed Smith

Reed Smith, a global law firm, has launched the Aquarius platform to automate regulatory filings and legal workflows for crypto companies adhering to the EU's MiCA rules. Demand for such compliance tools is rising across Europe as firms adjust to new regulations.

The Trump administration is challenging state AI laws it deems ideologically biased, with the Federal Trade Commission proposing a policy to address AI systems that distort outputs for undisclosed ideological goals. A Colorado law banning algorithmic discrimination was repealed, and xAI, Elon Musk's AI company, sued the state with support from the U.S. Department of Justice. President Trump's executive order directed the FTC to regulate state laws requiring alterations to AI model outputs.

The Trump administration launched a $166 billion tariff refund portal called CAPE to reimburse U.S. importers after the Supreme Court ruled the tariffs unlawful. The system streamlines refunds, with estimates of 60-90 days processing time, though not all importers will be eligible immediately. The administration has also imposed new tariffs under Section 122 despite ongoing legal challenges.

The Trump administration launched a $166 billion tariff refund portal called CAPE following a Supreme Court ruling that deemed the tariffs unlawful. The system aims to streamline refunds for importers, with payments expected within 60-90 days. Despite the refunds, the administration continues to use tariffs under new legal authority, facing ongoing legal challenges.