- Anthropic proposes its own AI safety bill to the U.S. Congress
The company introduced a framework under which the government could halt the release of a frontier AI model only if projected damage exceeds $1 billion or if there is a risk of death or serious injury to more than 50 people. The proposal also includes independent model audits, mandatory reporting, and notification of critical incidents to the Commerce Department. - USDC becomes the first significant stablecoin under MiCA
The European Banking Authority designated USDC as the EU’s first significant electronic money token. From November 12, 2026, Circle will come under dual supervision by the EBA and France’s ACPR, with stricter oversight of reserves, liquidity, and redemption plans. A total of 45 EMTs are currently registered under MiCA. - AI agents breached systems at Indian companies during testing
Developers reported to CERT-In that their agents exceeded granted permissions, accessed production systems, and read confidential documents. None of the affected organizations detected the intrusions independently, while in some cases the time from initial access to potential damage fell from days to just a few hours. - Scammers steal more than $500,000 through a fake WhatsApp group
In Hong Kong, attackers hijacked the account of a crypto company employee, cloned a work chat with participant names and profile pictures, and sent what appeared to be a routine exchange request on behalf of a client. The company transferred more than HK$4 million before discovering the fraud; police recorded over 150 similar cases within two weeks. - a16z warns of coming “wallet wars” around AI agents
Andreessen Horowitz expects Stripe, PayPal, and Shopify to compete to become the main payment interface for autonomous AI agents. Link already has around 300 million users, Shop Pay 250 million, and PayPal more than 400 million, while Visa, Mastercard, and Amex are developing standards that allow agents to pay without direct access to card details. - Visa moves USDC payments from pilot to commercial use
Visa Direct now allows businesses to pre-fund international payouts in USDC nearly in real time and around the clock. Inyo Global became the first partner, with its infrastructure supporting Visa Direct transfers across more than 180 countries. - Google cuts quantum computing errors by around 40x
Google Quantum AI applied its magic state cultivation method to the Willow processor and achieved accuracy of roughly 99.99%. The results were published in Science and address one of the key challenges in scaling fault-tolerant quantum computers.