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SEC Chair Paul Atkins told the Investor Advisory Committee that AI's ability to digest filings gives the Commission no latitude to depart from materiality when it prescribes disclosure requirements, while Commissioner Hester Peirce cautioned against regulating the technology prematurely, adding that the meeting likely will be her last with the committee.

The Crypto Council for Innovation and the Blockchain Association filed a motion for a preliminary injunction in the Circuit Court of Sangamon County, Illinois, asking the court to bar the state from enforcing its Digital Asset Tax Act before the law takes effect on January 1, 2027.