The Chinese government "has embarked on an all-out drive to transform the technology from a remote concept to a newfangled reality, with applications on factory floors and in hospitals and government offices..." [1]reports the Washington Post .

"[E]xperts say Beijing is pursuing an alternative playbook in an attempt to bridge the gap" with America: "aggressively pushing for the adoption of AI across the government and private sector."

> DeepSeek has been put to work over the last six months on a wide variety of government tasks. Procurement documents show military hospitals in Shaanxi and Guangxi provinces specifically requesting DeepSeek to build online consultation and health record systems. Local government websites describe state organs using DeepSeek for things like diverting calls from the public and streamlining police work. DeepSeek helps "quickly discover case clues and predict crime trends," which "greatly improves the accuracy and timeliness of crime fighting," a city government in China's Inner Mongolia region explained in a February social media post. Anti-corruption investigations — long a priority for Chinese leader Xi Jinping — are another frequent DeepSeek application, in which models are deployed to comb through dry spreadsheets to find suspicious irregularities. In April, China's main anti-graft agency even included a book called "Efficiently Using DeepSeek" on its official book recommendation list...

>

> Alfred Wu, an expert on China's public governance at the National University of Singapore, said Beijing has disseminated a "top-down" directive to local governments to use AI. This is motivated, Wu said, by a desire to improve China's AI prowess amid a fierce rivalry with Washington by providing models access to vast stores of government data.

>

> But not everyone is convinced that China has the winning hand, even as it attempts to push AI application nationwide. For one, China's sluggish economy will impact the AI industry's ability to grow and access funding, said Scott Singer [an expert on China's AI sector at the Carnegie Endowment for International Peace, who was attending the conference]... Others point out that local governments trumpeting their usage of DeepSeek is more about signaling than real technology uptake. Shen Yang, a professor at Tsinghua University's school of artificial intelligence, said DeepSeek is not being used at scale in anti-corruption work, for example, because the cases involve sensitive information and deploying new tools in these investigations requires long and complex approval processes.



[1] https://www.yahoo.com/news/articles/china-betting-real-world-ai-143606335.html

India's national university ranking will [1]start penalizing institutions if a sizable number of papers published by their researchers are retracted -- a first for an institutional ranking system. Nature:

> The move is an attempt by the government to address the country's [2]growing number of retractions due to misconduct. Many retractions correct honest mistakes in the literature, but others arise because of misconduct.

>

> India has had more papers retracted than any country apart from China and the United States, according to an analysis of the public database maintained by Retraction Watch of retractions over the past three decades. But whereas less than 1 paper is retracted for every 1,000 papers published in the United States, more than 3 are retracted for every 1,000 published in China, and the figure is 2 per 1,000 in India. The majority in India and China are withdrawn because of misconduct or research-integrity concerns.



[1] https://www.nature.com/articles/d41586-025-02364-6

[2] https://science.slashdot.org/story/25/02/20/1230236/research-reveals-data-on-which-institutions-are-retraction-hotspots

An anonymous reader shares a report:

> Yesterday, when Epic [1]won its Google antitrust lawsuit for a second time, it wasn't quite clear how soon Google would need to start dismantling its affirmed illegal monopoly.

>

> Today, Google admits the answer is: [2]14 days . Google has just 14 days to enact major changes to its Google Play app store, and the way it does business with phonemakers, cellular carriers, and app developers, unless it wins an emergency stay (pause) from the Ninth Circuit Court of Appeals as it continues to appeal. It must stop forcing apps to use Google Play Billing, allow app developers to freely steer their users to other platforms, and limit the perks it can offer in exchange for preinstalled apps, among other changes.



[1] https://tech.slashdot.org/story/25/07/31/1846249/google-loses-epic-games-appeal-must-open-app-store-to-rivals

[2] https://www.theverge.com/news/717440/google-epic-open-play-store-emergency-stay

An anonymous reader shares a report:

> Apple CEO Tim Cook [1]appears unfazed by concerns that advancements in AI could topple the iPhone's dominance. During Thursday's earnings call, Wamsi Moen, an analyst with Bank of America, asked Cook directly how Apple is preparing for a world where dependence on screen-based devices "significantly diminishes," thanks to advances in AI. Cook didn't seem to see an imminent threat to Apple's hero product.

>

> "When you when you think about all the things an iPhone can do, from connecting people to bringing app and game experiences to life, to taking photos and videos, to helping users explore the world and conduct their financial lives and pay for things and so much more, you know, it's difficult to see a world where iPhone's not living in it," Cook said. "And that doesn't mean that we are not thinking about other things as well," Cook added, "but I think that the devices are likely to be complementary devices, not substitution."

Apple said yesterday it had sold 3 billion iPhones since the product's launch in 2007



[1] https://www.businessinsider.com/apple-tim-cook-worried-artificial-intelligence-replace-iphone-2025-7

A Brussels court has issued an unusually broad site-blocking [1]order targeting Internet Archive's Open Library alongside shadow libraries including Anna's Archive, Libgen, and Z-Library. The order, requested by publishing and author organizations, directs an unprecedented range of intermediaries to take action beyond traditional ISP blocks.

Search engines, DNS resolvers, advertisers, domain name services, CDNs, hosting companies, and payment processors -- including Google, Microsoft, Cloudflare, Amazon Web Services, PayPal, and Starlink -- must restrict access to the targeted sites. The court found "clear and significant infringement" in the ex parte proceeding.



[1] https://torrentfreak.com/belgium-bans-internet-archives-open-library-in-sweeping-site-blocking-order/

[1]BrianFagioli writes:

> Google is [2]changing its mind about killing off all goo.gl short links . The company had originally planned to [3]shut them down entirely by August 25, 2025 . That decision sparked concern among developers, educators, journalists, and everyday users who rely on these links across the web.

>

> Now, just weeks before the deadline, Google is taking a softer approach. It turns out the company is only going to disable goo.gl links that haven't seen any activity since late 2024. If your link is still being used or clicked, it should keep working. This adjustment comes after what Google describes as community feedback.



[1] https://slashdot.org/~BrianFagioli

[2] https://nerds.xyz/2025/08/google-googl-shutdown-reversal/

[3] https://tech.slashdot.org/story/25/07/24/2012243/google-url-shortener-links-will-stop-working-next-month

Verizon has confirmed it will [1]raise customer fees despite announcing a three-year price lock in April. The carrier said the "vast majority" of customers will see increases of "less than 30 cents." A Reddit thread cited by The Verge suggests the Administrative and Telco Recovery Charge will rise 28 cents to $3.78 per voice line, while data-only plan charges could increase $2.37 to $3.97 per line. The changes may take effect September 1.



[1] https://www.theverge.com/news/717506/verizon-fee-price-increase-administrative-charge

Major video game publishers have [1]abandoned plans to [2]sell new releases at $80 after initially signaling support for the elevated price point earlier this year, according to Bloomberg. Microsoft reversed course in late July, announcing The Outer Worlds 2 and other holiday titles including Call of Duty will sell for $70 instead of the previously planned $80.

Take-Two Interactive's Borderlands 4 and Sony's Ghost of Yotei were also priced at $70 after initial $80 expectations. Electronic Arts said it will not adjust prices for the near future, with the upcoming Battlefield 6 selling for $70. Production costs have grown tenfold over the past decade while sales have not increased proportionally.



[1] https://www.bloomberg.com/news/newsletters/2025-08-01/the-industry-s-rush-to-80-video-games-has-stalled-for-now

[2] https://games.slashdot.org/story/25/05/05/073207/budget-titles-dominate-2025s-top-rated-games-as-aaa-prices-climb-to-80

Microsoft researchers have [1]identified 40 occupations [PDF] with [2]the highest exposure to AI , ranking jobs by how closely their tasks align with AI's current capabilities. The study analyzed 200,000 real-world conversations from Copilot users and compared AI performance against occupational data.

Interpreters and translators top the list, followed by historians and passenger attendants. Customer service and sales representatives, comprising about 5 million U.S. jobs, also face significant AI competition. Knowledge workers performing computer, math, or administrative tasks showed high vulnerability, as did sales positions involving information sharing and explanation. The research found occupations requiring Bachelor's degrees demonstrate higher AI applicability than those with lower educational requirements.

First, the top 10 least affected occupations by generative AI:

> 1. Dredge Operators

> 2. Bridge and Lock Tenders

> 3. Water Treatment Plant and System Operators

> 4. Foundry Mold and Coremakers

> 5. Rail-Track Laying and Maintenance Equipment Operators

> 6. Pile Driver Operators

> 7. Floor Sanders and Finishers

> 8. Orderlies

> 9. Motorboat Operators

> 10. Logging Equipment Operators

Now, the top 40 most affected occupations by generative AI:

> 1. Interpreters and Translators

> 2. Historians

> 3. Passenger Attendants

> 4. Sales Representatives of Services

> 5. Writers and Authors

> 6. Customer Service Representatives

> 7. CNC Tool Programmers

> 8. Telephone Operators

> 9. Ticket Agents and Travel Clerks

> 10. Broadcast Announcers and Radio DJs

> 11. Brokerage Clerks

> 12. Farm and Home Management Educators

> 13. Telemarketers

> 14. Concierges

> 15. Political Scientists

> 16. News Analysts, Reporters, Journalists

> 17. Mathematicians

> 18. Technical Writers

> 19. Proofreaders and Copy Markers

> 20. Hosts and Hostesses

> 21. Editors

> 22. Business Teachers, Postsecondary

> 23. Public Relations Specialists

> 24. Demonstrators and Product Promoters

> 25. Advertising Sales Agents

> 26. New Accounts Clerks

> 27. Statistical Assistants

> 28. Counter and Rental Clerks

> 29. Data Scientists

> 30. Personal Financial Advisors

> 31. Archivists

> 32. Economics Teachers, Postsecondary

> 33. Web Developers

> 34. Management Analysts

> 35. Geographers

> 36. Models

> 37. Market Research Analysts

> 38. Public Safety Telecommunicators

> 39. Switchboard Operators

> 40. Library Science Teachers, Postsecondary.



[1] https://arxiv.org/pdf/2507.07935

[2] https://fortune.com/2025/07/31/microsoft-research-generative-ai-occupational-impact-jobs-most-and-least-likely-to-impact-teaching-office-jobs-college-gen-z-grads/

Financial Times:

> The UK's highest court has [1]partially overturned a landmark motor finance judgment that threatened to leave banks on the hook for tens of billions of pounds in compensation for allegedly deceiving consumers with hidden commissions on car loans.

>

> The Supreme Court's decision has been keenly awaited by investors as well as millions of consumers who were poised to claim redress from the banks. The government has been considering legislation to limit the fallout. The controversy over car finance shot to prominence after a bombshell Court of Appeal judgment in October that awarded compensation to three people who claimed they were misled by banks concealing the payment of commissions to dealerships.

The $58.3 billion car finance scandal centers on hidden commissions paid by lenders to car dealers who arranged loans without disclosing the payment amounts and terms to borrowers. Under discretionary commission arrangements, dealers received larger payments when they persuaded car buyers to accept higher interest rates on loans. The practice affected roughly 90% of new car purchases and many secondhand vehicles, potentially exposing millions of motorists to mis-selling.



[1] https://www.ft.com/content/70841d98-75cd-4ccc-a1eb-6f3b5751c296

Internal Revenue Service Commissioner Bill Long said the agency [1]will end its Direct File program after a limited pilot and one full filing season. From a report:

> President Donald Trump's massive spending and policy bill includes funding to research and "replace any direct e-file programs run by the Internal Revenue Service."

>

> Already, the program is "gone," Long said at a tax professional summit on July 28, Bloomberg Law reports. "You've heard of Direct File, that's gone," Long said. "Big beautiful Billy wiped that out. I don't care about Direct File. I care about direct audit."



[1] https://www.cnbc.com/2025/07/30/irs-chief-says-agency-plans-to-end-free-direct-file-program.html

Microsoft has [1]discontinued Windows 11 SE , its education-focused operating system designed for low-cost school PCs. The company confirmed that Windows 11 SE will not receive the upcoming version 25H2 update and support will end in October 2026, including security updates and technical assistance.

Launched in 2021 [2]as a Chrome OS competitor , Windows 11 SE featured artificial limitations like reduced multitasking capabilities and restricted app installation to create a simplified experience for students. The discontinuation leaves Microsoft without a dedicated lightweight Windows edition for the education market, where Chromebooks have gained significant popularity over the past decade.



[1] https://www.windowscentral.com/microsoft/windows-11/windows-11-se-is-dead-microsoft-pulls-plug-on-special-school-edition-of-windows-for-low-cost-pcs

[2] https://hardware.slashdot.org/story/21/11/11/229209/windows-11-se-wont-be-sold-separately-cant-be-reinstalled-once-removed

Australia's spy chief has warned that defense workers are [1]exposing themselves to foreign intelligence services through LinkedIn profiles that detail classified projects and security clearances. Director-General Mike Burgess said over 35,000 Australians on the platform indicate access to sensitive information, with 7,000 mentioning defense work and 400 listing involvement in the AUKUS nuclear submarine program. Foreign spies routinely scour professional networking sites posing as consultants and recruiters, Burgess said.



[1] https://www.theregister.com/2025/08/01/asio_espionage_social_media_warning/

Reddit [1]wants to become a full-fledged search engine , leveraging its vast repository of human-generated content and expanding its AI-powered Reddit Answers tool. In its [2]latest note (PDF) to investors, CEO Steve Huffman says the company is "concentrating our resources on the areas that will drive results for our most pressing needs," including "making Reddit a go-to search engine." The Verge reports:

> Huffman says that "every week, hundreds of millions of people come to Reddit looking for advice, and we're turning more of that intent into active users of Reddit's native search." Reddit's core search has more than 70 million weekly active unique users -- Reddit overall averages 416.4 million weekly active unique users -- and [3]Reddit Answers , the platform's AI search tool that it launched in December, has 6 million weekly users, up from 1 million weekly users in the first quarter of this year. To continue to build out search, Reddit is "expanding Reddit Answers globally, integrating it more deeply into the core search experience, and making search a central feature across Reddit," Huffman says.



[1] https://www.theverge.com/news/717095/reddit-q2-2025-earnings-search-engine

[2] https://s203.q4cdn.com/380862485/files/doc_financials/2025/q2/Q2-25-Shareholder-Letter.pdf

[3] https://tech.slashdot.org/story/25/02/16/007234/despite-plans-for-ai-powered-search-reddits-stock-fell-14-this-week

[1]alternative_right shares a report from Phys.org:

> Researchers have created a microphone that [2]listens with light instead of sound . Unlike traditional microphones, this visual microphone captures tiny vibrations on the surfaces of objects caused by sound waves and turns them into audible signals. [3]In the journal Optics Express , the researchers describe the new approach, which applies single-pixel imaging to sound detection for the first time. Using an optical setup without any expensive components, they demonstrate that the technique can recover sound by using the vibrations on the surfaces of everyday objects such as leaves and pieces of paper. [...]

>

> To demonstrate the new visual microphone, the researchers tested its ability to reconstruct Chinese and English pronunciations of numbers as well as a segment from Beethoven's Fur Elise. They used a paper card and a leaf as vibration targets, placing them 0.5 meters away from the objects while a nearby speaker played the audio. The system was able to successfully reconstruct clear and intelligible audio, with the paper card producing better results than the leaf. Low-frequency sounds (1 kHz) showed slight distortion that improved when a signal processing filter was applied. Tests of the system's data rate showed it produced 4 MB/s, a rate sufficiently low to minimize storage demands and allow for long-term recording.

"Currently, this technology still only exists in the laboratory and can be used in special scenarios where traditional microphones fail to work," said research team leader Xu-Ri Yao from Beijing Institute of Technology in China. "We aim to expand the system into other vibration measurement applications, including human pulse and heart rate detection, leveraging its multifunctional information sensing capabilities."



[1] https://slashdot.org/~alternative_right

[2] https://phys.org/news/2025-07-based-visual-microphone.html

[3] https://opg.optica.org/oe/abstract.cfm?doi=10.1364/OE.565525

An anonymous reader quotes a report from TechCrunch:

> It's a strange glimpse into the human mind: If you [1]filter search results on Google, Bing, and other search engines to only include URLs from the domain "https://chatgpt.com/share," [2]you can find strangers' conversations with ChatGPT . Sometimes, these shared conversation links are pretty dull — people ask for help [3]renovating their bathroom , [4]understanding astrophysics , and [5]finding recipe ideas . In another case, one user asks ChatGPT to rewrite their resume for a particular job application (judging by this person's LinkedIn, which was easy to find based on the details in the chat log, they did not get the job). Someone else is asking questions that sound like they came out of an incel forum. Another person asks the snarky, hostile AI assistant if they can [6]microwave a metal fork (for the record: no), but they continue to ask the AI increasingly absurd and trollish questions, eventually leading it to create a guide called "How to Use a Microwave Without Summoning Satan: A Beginner's Guide."

>

> ChatGPT does not make these conversations public by default. A conversation would be appended with a "/share" URL only if the user deliberately clicks the "share" button on their own chat and then clicks a second "create link" button. The service also declares that "your name, custom instructions, and any messages you add after sharing stay private." After clicking through to create a link, users can toggle whether or not they want that link to be discoverable. However, users may not anticipate that other search engines will index their shared ChatGPT links, potentially betraying personal information (my apologies to the person whose LinkedIn I discovered).

According to ChatGPT, these chats were indexed as part of an experiment. "ChatGPT chats are not public unless you choose to share them," an OpenAI spokesperson told TechCrunch. "We've been testing ways to make it easier to share helpful conversations, while keeping users in control, and we recently ended an experiment to have chats appear in search engine results if you explicitly opted in when sharing."

A Google spokesperson also weighed in, telling TechCrunch that the company has no control over what gets indexed. "Neither Google nor any other search engine controls what pages are made public on the web. Publishers of these pages have full control over whether they are indexed by search engines."



[1] https://www.linkedin.com/posts/olivermolander_artificialintelligence-activity-7356621639284862976-jlEL/?utm_source=share&utm_medium=member_desktop&rcm=ACoAABiDiCIBqB3Hlz-FnttvYmkM02-OgyLf_Qc

[2] https://techcrunch.com/2025/07/31/your-public-chatgpt-queries-are-getting-indexed-by-google-and-other-search-engines/

[3] https://chatgpt.com/share/011b8169-b122-45d9-9e94-ac14af26f424

[4] https://chatgpt.com/share/6fb219ae-cf5e-486f-9e40-35a653ebe7a4

[5] https://chatgpt.com/share/670ee5a0-28b4-8001-bb3f-4baaab45cdaf

[6] https://chatgpt.com/share/67ed5fe2-fff8-8008-b106-952343a5863a

An anonymous reader quotes a report from The Guardian:

> A 515-mile (829km) lightning flash has [1]set a new record as the longest ever identified . The World Meteorological Organization (WMO) confirmed the new world record for the flash registered on October 22, 2017, over the Great Plains in the US. It stretched from east Texas to near Kansas City, Missouri, roughly the distance between Paris and Venice. The [2]previous record of 768km was also recorded in the Great Plains, a hotspot for severe thunderstorms, on April 29, 2020.

>

> Since 2016, scientific advances in space-based mapping have allowed for lightning flashes to be measured over a broader space, allowing these long flashes to be recorded. This event was one of the first flashes to be documented using the National Oceanic and Atmospheric Administration's latest model of orbital satellite, known as a geostationary operational environmental satellite. [...] The advances in technology have also allowed for the recording of the greatest duration for a single lightning flash. The record is a flash that lasted 17.1 seconds during a thunderstorm over Uruguay and northern Argentina on June 18, 2020.

The findings have been [3]published in the journal Bulletin of the American Meteorological Society .



[1] https://www.theguardian.com/us-news/2025/jul/31/us-lightning-flash-longest-on-record-515-miles

[2] https://www.livescience.com/longest-lightning-bolt-recorded

[3] https://journals.ametsoc.org/view/journals/bams/aop/BAMS-D-25-0037.1/BAMS-D-25-0037.1.xml

Hackers from the group UNC2891 attempted a high-tech bank heist by [1]physically planting a 4G-enabled Raspberry Pi inside a bank's ATM network , using advanced malware hidden with a never-before-seen [2]Linux bind mount technique to evade detection. "The trick allowed the malware to operate similarly to a rootkit, which uses advanced techniques to hide itself from the operating system it runs on," reports Ars Technica. Although the plot was uncovered before the hackers could hijack the ATM switching server, the tactic showcased a new level of sophistication in cyber-physical attacks on financial institutions. The security firm Group-IB, which [3]detailed the attack in a report on Wednesday , didn't say where the compromised switching equipment was located or how attackers managed to plant the Raspberry Pi. Ars Technica reports:

> To maintain persistence, UNC2891 also compromised a mail server because it had constant Internet connectivity. The Raspberry Pi and the mail server backdoor would then communicate by using the bank's monitoring server as an intermediary. The monitoring server was chosen because it had access to almost every server within the data center. As Group-IB was initially investigating the bank's network, researchers noticed some unusual behaviors on the monitoring server, including an outbound beaconing signal every 10 minutes and repeated connection attempts to an unknown device. The researchers then used a forensic tool to analyze the communications. The tool identified the endpoints as a Raspberry Pi and the mail server but was unable to identify the process names responsible for the beaconing.

>

> The researchers then captured the system memory as the beacons were sent. The review identified the process as lightdm, a process associated with an open source LightDM display manager. The process appeared to be legitimate, but the researchers found it suspicious because the LightDM binary was installed in an unusual location. After further investigation, the researchers discovered that the processes of the custom backdoor had been deliberately disguised in an attempt to throw researchers off the scent.

>

> [Group-IB Senior Digital Forensics and Incident Response Specialist Nam Le Phuong] explained: "The backdoor process is deliberately obfuscated by the threat actor through the use of process masquerading. Specifically, the binary is named "lightdm", mimicking the legitimate LightDM display manager commonly found on Linux systems. To enhance the deception, the process is executed with command-line arguments resembling legitimate parameters -- for example, lightdm -- session child 11 19 -- in an effort to evade detection and mislead forensic analysts during post-compromise investigations. These backdoors were actively establishing connections to both the Raspberry Pi and the internal Mail Server."



[1] https://arstechnica.com/security/2025/07/in-search-of-riches-hackers-plant-4g-enabled-raspberry-pi-in-bank-network/

[2] https://unix.stackexchange.com/questions/198590/what-is-a-bind-mount

[3] https://www.group-ib.com/blog/unc2891-bank-heist/

[1]fjo3 shares a report from the Associated Press:

> The Trump administration [2]announced it is launching a new program that will [3]allow Americans to share personal health data and medical records across health systems and apps run by private tech companies , promising that will make it easier to access health records and monitor wellness. More than 60 companies, including major tech companies like Google, Amazon and Apple as well as health care giants like UnitedHealth Group and CVS Health, have agreed to share patient data in the system. The initiative will focus on diabetes and weight management, conversational artificial intelligence that helps patients, and digital tools such as QR codes and apps that register patients for check-ins or track medications.

>

> Officials at the Centers for Medicare and Medicaid Services, who will be in charge of maintaining the system, have said patients will need to opt in for the sharing of their medical records and data, which will be kept secure. Those officials said patients will benefit from a system that lets them quickly call up their own records without the hallmark difficulties, such as requiring the use of fax machines to share documents, that have prevented them from doing so in the past.

>

> Popular weight loss and fitness subscription service Noom, which has signed onto the initiative, will be able to pull medical records after the system's expected launch early next year. That might include labs or medical tests that the app could use to develop an AI-driven analysis of what might help users lose weight, CEO Geoff Cook told The Associated Press. Apps and health systems will also have access to their competitors' information, too. Noom would be able to access a person's data from Apple Health, for example. "Right now you have a lot of siloed data," Cook said.



[1] https://slashdot.org/~fjo3

[2] https://www.cms.gov/newsroom/press-releases/white-house-tech-leaders-commit-create-patient-centric-healthcare-ecosystem

[3] https://apnews.com/article/trump-ai-rfk-jr-health-tech-fa73703bd1fd557c787ef0b590e151f1

The SEC has [1]launched "Project Crypto" to [2]overhaul outdated securities regulations for a blockchain-based future , aiming to support tokenized assets, crypto trading, and "super apps."

"To achieve President Trump's vision of making America the crypto capital of the world, the SEC must holistically consider the potential benefits and risks of moving our markets from an off-chain environment to an on-chain one," SEC chair Paul Atkins said at the "American Leadership in the Digital Finance Revolution" conference on Thursday. "I have directed the Commission staff to update antiquated agency rules and regulations to unleash the potential of on-chain software systems in our securities markets ... Federal securities laws have always assumed the involvement of intermediaries that require regulation, but this does not mean that we should interpose intermediaries for the sake of forcing intermediation where the markets can function without them." CNBC reports:

> Atkins, the SEC chair, highlighted "super apps" (such as one Coinbase [3]introduced two weeks ago) as a priority of his chairmanship, noting the need to allow the apps to thrive with an "efficient licensing structure," rather than subject to multiple regulatory authorities.

>

> So-called super apps like WeChat and Alipay -- which bundle several different services and functionalities into a single mobile app -- have long been viewed as the holy grail of financial technology by the industry. They're central to everyday life in China but haven't been successfully replicated in the West. Meta Platforms and X have made attempts to realize that vision, integrating payments, messaging and social content, among other functions.

>

> Atkins also said the Trump administration will work to prevent "innovative" companies from being driven offshore by burdensome regulations, and said the SEC "will encourage our nation's builders rather than constrain them with red tape and one-size-fits-all rules."



[1] https://www.sec.gov/newsroom/speeches-statements/atkins-digital-finance-revolution-073125

[2] https://www.cnbc.com/2025/07/31/sec-debuts-project-crypto-to-bring-us-financial-markets-on-chain.html

[3] https://www.base.org/