G20 Finance Track: Treasury Secretary Scott Bessent kicked off G20 talks in Asheville, pushing a wider Iran sanctions push and warning partners about “financial violence” risks, while the summit also drew controversy over who was invited. AI System Risk: Bank of England chief Andrew Bailey warned frontier AI could amplify cyberattacks and destabilize markets, urging stronger resilience planning as regulators scramble for guardrails. US-Russia Finance Diplomacy: Russia’s finance minister Anton Siluanov made his first US trip since Ukraine, meeting Bessent on the stalled Trump “peace plan,” amid European pushback. Fraud Crackdown (US): Utah launched a Financial Crimes Intelligence Center to link fraud patterns and target larger networks after residents lost nearly $450m since 2020. Mobile Fraud (India): India’s I4C flagged a surge in malicious Android apps spread via porn-themed ads on Facebook/Instagram that can hijack devices and enable financial fraud. Wealth & Taxes: A growing “tax-aware long-short” strategy is gaining traction as wealthy investors struggle to find losses to offset capital gains. Financial Governance (Togo): Togo created a National Accounting Council to modernize financial reporting and boost transparency. Crypto Regulation (US): Former SEC counsel said bringing Hyperliquid to the US could take 10–12 months due to how perpetuals fit under existing securities and derivatives rules. Fintech Funding (Singapore): Singapore earmarked S$220m over three years to back fintech and frontier AI adoption, including 1,000 internships.