June 16 (Cointime) - The crypto industry has seen a $417 million outflow in the past eight weeks due to strict regulations and rising interest rates in the US, resulting in a prolonged crypto winter with trading halts and liquidity draining. Crypto companies are adapting their business strategies, with Binance launching a subscription-based cloud mining product for Bitcoin and Andreessen Horowitz opening its first office outside the US in London. CoinShares' latest report shows that cryptocurrency investment products have experienced outflows of $88 million last week, marking the eighth consecutive week of outflows totaling $417 million. Meanwhile, during a speech at London Tech Week, British Prime Minister Rishi Sunak announced that the UK has secured early access to AI models from Google DeepMind, OpenAI, and Anthropic, but it is unclear whether this commitment applies to the general public or only government and priority researchers.