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Nalezeno "AI Regulation": 11727

UK Issues Over 200 Alerts Against Crypto Firms Allegedly Breaking Promotion Rules

27.10.2023
Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified since it imposed stricter marketing rules earlier this...

Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether

26.10.2023
U.S. Senator Cynthia Lummis and Representative French Hill urged the Justice Department to take “swift action” against Binance and Tether over facilitating funds for Hamas

Sam Bankman-Fried denies knowledge of moving FTX deposits to North Dimension: Report

26.10.2023
Assistant U.S. Attorney Danielle Sassoon grilled the former FTX CEO in court on his knowledge of FTX user deposits and the retention of communication records

Sam Bankman-Fried thought 'taking FTX deposits through Alameda was legal': Report

26.10.2023
The former FTX CEO took the stand for the first time in his criminal trial, but without members of the jury present

JPMorgan Warns of Potential Lawsuits if SEC Rejects Spot Bitcoin ETF Applications

26.10.2023
The possibility of SEC approval for a spot bitcoin exchange-traded fund (ETF) has generated growing optimism in recent weeks, with some analysts predicting approvals could come within months. Potential legal battles loom if the SEC ultimately rejects any spot Bitcoin ETF applications, however....

“We Obtained Judgments Worth $5 Billion” Gary Gensler Recounts Achievements Amid Backlash

26.10.2023
The head of the Securities and Exchange Commission (SEC) Gary Gensler disclosed a summary of the agency’s performance in its quest to promote a more transparent market. In his speech at the 2023 Securities Enforcement Forum titled, “Partners of Honest Business and Prosecutors...

Prosecutors rest their case as Sam Bankman-Fried prepares to testify

26.10.2023
Defense lawyers representing SBF called two witnesses, a Bahamas-based attorney and an expert from a litigation consulting firm, before the former FTX CEO’s testimony

Mexican Senator Kempis Faces Opposition Over Bitcoin Bill

26.10.2023
Long-time tech and blockchain advocate Mexican Senator Indira Kempis said that her Bitcoin (BTC) bill is seeing more positive attention but is also facing increasing opposition. Kempis proposed a central bank digital currency (CBDC) last year, which now also includes accepting bitcoin as legal...

Senior Public Officials in South Korea Declare Crypto Holdings

26.10.2023
Senior public officials in South Korea’s Gyeonggi province have declared their cryptocurrency holdings. The disclosure comes as part of the province’s efforts to ensure transparency among its government employees to avoid conflict of interest. Gyeonggi province announced that it...

California Enacts Digital Financial Assets Law

26.10.2023
On October 13, 2023, California enacted the Digital Financial Assets law. This law is California’s first comprehensive framework for regulation of digital asset markets, and some of its provisions may sound familiar to those versed in the state’s money transmitter licensing requirements. Under this...

US lawmakers discuss digital assets and the House gets a new Speaker

25.10.2023
With the election of Mike Johnson as speaker of the U.S. House of Representatives, Congress will once again be able to move forward on crypto bills

Will Sam Bankman-Fried fix his case when he takes the stand?

25.10.2023
The former FTX CEO will take the stand in his own defense. Will it be enough to counter the narrative introduced by former employees and expert witnesses?

SEC’s Gensler Won’t Say What’s Next With Bitcoin ETFs After Grayscale Loss

25.10.2023

UK Financial Watchdog Flags “Common” Failures in Crypto Marketing

25.10.2023
The Financial Conduct Authority (FCA) has identified some recurring issues in the marketing of cryptoassets following the implementation of new regulations on October 8. In a Wednesday blog post, the FCA highlighted three primary problems, which include misleading claims regarding...

Sam Bankman-Fried will testify at criminal trial, say defense lawyers

25.10.2023
After much speculation, the former FTX CEO will be one of only a handful of witnesses to testify for his defense in the criminal fraud case

BlackRock fined $2.5M by SEC for incorrect investment disclosure

25.10.2023
The SEC’s charges for the world’s largest asset manager came on the same day as a DTCC listing of its spot Bitcoin ETF was spotted; however, a spokesperson from DTCC confirmed that the listing has been there since August

Binance is Reportedly Behind New Hong Kong Crypto Exchange Seeking License

25.10.2023
Crypto exchange giant Binance seems to have connections with a newly established cryptocurrency trading platform in Hong Kong that has announced its intention to apply for a license in the city, according to a South China Morning Post report. The trading platform, known as HKVAEX, was created...