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The US SEC says that “covered” US dollar stablecoins like USDT and USDC are not securities, and registration is not required for minting or redeeming them (RT Watson/The Block)
GitHub announces “premium requests” for GitHub Copilot, a new system that imposes rate limits when users switch from the base GPT-4o to other AI models (Kyle Wiggers/TechCrunch)
Investors, founders, and others detail a culture of fear around criticizing Elon Musk or DOGE; some are appalled he is seen as a reflection of the tech industry (Issie Lapowsky/Politico)
Codex, which is building a blockchain for stablecoins, raised a $15.8M seed led by Dragonfly, with Coinbase, Circle, and others participating (Ben Weiss/Fortune)

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