Eskom Eyes Bitcoin Mining & AI to Tackle $22.7B Debt – Can the Lights Stay On?

Eskom has mapped a long-term plan that includes Bitcoin mining, artificial intelligence and data centres to absorb surplus baseload electricity and stem financial decline. The utility has seen a 4% sales drop in 2023 and faces a R403 billion debt while municipal arrears mount to R90 billion.
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Trump-Backed GENIUS Act Under Fire: NYAG Urges Tougher Stablecoin Rules Before July Vote

Attorney General Letitia James has cautioned Congress that the GENIUS Act, which mandates full reserve backing for stablecoins, still lacks robust investor and national-security protections; she has pressed for FDIC-like insurance, capital rules, and identity checks ahead of the House debate.
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