Trump administration's executive order to establish AI regulatory agency stalled

The token hit a $25 million market cap on the back of nine days of unreleased Grand Theft Auto VI footage. Its creator has now sold his stack — hours before Rockstar's first official gameplay reveal.

According to Hyperbot data, Huang Licheng has opened another 10x leverage multiple order and currently holds 400 million PUMPs, with a position value of approximately 1.98 million US dollars and a floating loss of 12700 US dollars.

[OKX to Delist SOXSUSD UM X-Contract on August 28, 2026] OKX will delist the SOXSUSD UM X-Contract at 10:00 (UTC+8) on August 28, 2026. Trading will cease, and all open orders will be canceled at the time of delisting. The settlement price will be determined using the arithmetic average of the OKX index from the last hour before delisting. Users with positions valued over $10,000 will have their ability to transfer assets from their trading accounts restricted for 30 minutes after the contract is delisted.

Santiment data shows that the trading volume of Hyperliquid perpetual contracts reached $19.4 billion on August 21, which is lower than the peak in June and the record set in October 2025. （Cointelegraph）

According to The Information, the Trump administration's executive order to establish a new AI regulatory agency has stalled, and related plans are facing internal controversy. The White House is considering strengthening regulation of advanced AI models through an executive order, but the plan has sparked divisions within the government and the technology industry. The proposed plan includes establishing a government evaluation mechanism for cutting-edge AI models, allowing AI companies to undergo security reviews before the models are publicly released. After opposition from technology companies and some policy advisors, Trump postponed the signing of the relevant executive order.