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Nalezeno "AI Regulation": 11728

UK tops crypto activity in Central, Northern and Western Europe: Chainalysis

18.10.2023
Crypto adoption in the United Kingdom has been growing as the country adopts more regulations targeting crypto and stablecoins, the study shows

Global Regulator: Crypto Exposure Reporting Should Be Mandatory for Banks

18.10.2023
The Basel Committee on Banking Supervision has underscored the importance of disclosing banks' cryptoasset exposures, emphasizing the need for standardized reporting and greater transparency in the crypto space. In a consultative document, the committee proposed mandatory reporting requirements...

Singapore Establishes Task Forces to Assist Police in Crypto-Related Crimes

18.10.2023
Singapore's Attorney-General's Office has officially established two specialized task forces, comprising approximately 20 prosecutors, tasked with addressing the crypto related crimes. Deputy Chief Prosecutor of the Attorney-General's Chambers, Ong Shouren, told a local news outlet that...

SEC to Intensify Crypto Market Monitoring and Examinations

18.10.2023
The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for 2024 which include crypto monitoring and examinations. The securities regulator disclosed: “Examinations of registrants will focus on the offer, sale, recommendation of, advice regarding, trading in,...

Binance Stops Accepting New Users in UK to Comply With Crypto Regulations

18.10.2023
Binance has announced that it will no longer accept new users in the U.K. in order to comply with new crypto regulations from the Financial Conduct Authority (FCA). Binance explained that it is currently looking for an FCA-authorized firm to review and approve its U.K. financial promotions...

Pro-crypto lawmaker stays interim US House Speaker as frontrunner loses first round of voting

17.10.2023
Ohio Representative Jim Jordan, the Republican Party's nominee for Speaker, won the support of 200 of his colleagues in an Oct. 17 vote — below the 217 needed to hold the position

Binance Adheres to U.K. Rules, Pauses New User Sign-Ups

17.10.2023
Binance has announced that it will halt the acceptance of new users in line with the newly implemented cryptocurrency marketing regulations in the United Kingdom. In a Monday blog post, the largest cryptocurrency exchange in the world said that the move is aimed at ensuring compliance with...

Nishad Singh says there was 'a lot' he didn't remember about FTX in 2022 — SBF trial

17.10.2023
Sam Bankman-Fried's defense team cross-examined former FTX engineering director Nishad Singh following questions from the prosecution on Oct. 16

Bank of Canada Assesses DeFi’s Innovation and Challenges on Financial Markets

17.10.2023
The Bank of Canada published a staff analytical note that mirrors the development of decentralized finance (DeFi) alongside possible routes of wider market regulations. The staff note released on Oct 17 shows the development stages of the cryptocurrency market, its benefits to challenges facing...

Australia Government Wants Crypto Exchanges to Possess a Financial Services License

17.10.2023
Australia-based crypto exchanges may soon be required to hold a financial services license issued by the Australian Securities and Investments Commission. The Australian government expects to have the draft legislation ready in 2024. According to the proposals, crypto exchanges will be given...

JPEX Scandal Undermines Trust in Crypto Among Hong Kongers, Survey Reveals

17.10.2023
Attitudes toward crypto in Hong Kong have taken a hit, as a new survey reveals a growing aversion to virtual assets in the aftermath of the JPEX scandal. This shift in sentiment poses significant challenges to Hong Kong's aspirations to establish itself as a global hub for the cryptocurrency...

Pennsylvania House Representative to Remove Crypto Mining Ban from Energy Regulation Bill

17.10.2023
A Pennsylvania House Representative has decided to eliminate a proposed two-year ban on crypto mining from a bill aimed at regulating the sector's energy consumption. In a Monday filing, the Pennsylvania House Environmental Resources and Energy Committee approved the Cryptocurrency Energy...

FTC Warns Consumers Crypto Deposits Are Not FDIC Insured

17.10.2023
The U.S. Federal Trade Commission (FTC) has warned consumers that crypto deposits are not insured by the Federal Deposit Insurance Corporation (FDIC). “That money isn’t FDIC insured or protected if the crypto company goes under,” the agency cautioned. “If something happens,...

Former FTX engineering director faces up to 75 years in prison following guilty plea

16.10.2023
Nishad Singh's testimony was seemingly part of prosecutors' strategy to establish Sam Bankman-Fried had been behind Alameda Research using FTX user funds

SEC Announces Increased Oversight of Cryptocurrencies in 2024 Fiscal Plan

16.10.2023
The U.S. Securities and Exchange Commission (SEC) released its fiscal plan for 2024 today, detailing a heightened regulatory focus on cryptocurrency and associated financial technologies. This report comes from the SEC's Division of Examinations and outlines the agency's approach to emerging market...

Federal judge gives Genesis 5 days to comply with Terraform Labs subpoena

16.10.2023
The order was unclear as to the nature of the documents under subpoena, but stated Genesis had failed to provide the information by Oct. 9

UK City Minister Andrew Griffith Advocates Clarity in Crypto Ad Rules

16.10.2023
UK City Minister Andrew Griffith has called for more clarity and flexibility in the country's recently enacted crypto advertising rules, according to a Financial Times report. The rules, which became effective earlier this month, are among the strictest in the world and are designed to enhance...