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Nalezeno "AI Policy": 6527

Collapsed Australian Crypto Exchange ACX Allegedly Used Customer Funds To Run Business

21.10.2022
An Australian court has heard that Australian cryptocurrency exchange ACX that collapsed last year used customer deposits to fund another part of its business instead of keeping the funds on reserve

UK Seeks to Recognize Crypto as Regulated Industry

21.10.2022
The measure was welcomed by an industry that had complained U.K. rules would be limited to stablecoins, though it may be affected by ongoing political turmoil in the country

Interpol Starts Its Own Police Metaverse

21.10.2022
The Interpol has entered the Metaverse, the purpose of which will be to offer immersive training courses to law enforcement across the globe

DeFi’s ‘Severe Threat’ Needs New Kind of Regulation, EU Commission Told

21.10.2022
The EU executive is seeking academic input as it turns its attention to decentralized finance based on software protocols

CBDCs Can Work With Stablecoins, Central Bank Trial Finds

21.10.2022
The central bank claims its prototype as a success that safeguards flexibility and privacy

Report: Bank of America Economist Predicts 20% Devaluation of the Nigerian Currency in 2023

21.10.2022
A Bank of America economist, Tatonga Rusike, has said the Nigerian currency is overvalued by as much as 20% and will likely be devalued in 2030. The remarks by the economist came just days after the currency’s exchange rate reportedly touched a new low of just under 750 naira for every U.S....

JPMorgan Hires Former Executive of Bankrupt Crypto Firm as Head of Digital Assets Regulatory Policy

21.10.2022
JPMorgan Chase & Co. has hired bankrupt crypto lender Celsius Network’s former head of policy and regulatory affairs as its new head of digital assets regulatory policy. The move followed JPMorgan CEO Jamie Dimon telling U.S. Congress that crypto tokens, like bitcoin,...

Over a Fifth of Cases in CFTC’s 2022 Crackdown Were Crypto-Related

20.10.2022
The federal regulator’s annual enforcement results revealed that over 20% of the CFTC’s enforcement actions in 2022 involved crypto

Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief

20.10.2022
Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require that the digital tokens fit in without disrupting it, said Martin Gruenberg, the acting chairman of the Federal Deposit Insurance Corp

Hodlonaut Wins Norwegian Lawsuit Against Self-Styled 'Satoshi' Craig Wright

20.10.2022
Magnus Granath, known on Twitter as "Hodlonaut," won a defamation case against Craig Wright on Thursday, a Norwegian judge ruled

Liz Truss Steps Down as UK Prime Minister

20.10.2022
Her departure leaves the fate of proposed crypto bills hanging

Two US Men Sentenced For Stealing Crypto Using 'SIM Swapping'

20.10.2022
Two men from Massachusetts, USA, have been sentenced in prison for stealing approximately $330,000 in cryptocurrency from 10 individuals

Finance Can Never be Fully Decentralized, Says UK Central Banker

20.10.2022
The Bank of England’s Carolyn Wilkins cited issues of transparency, concentration and unpredictable events

Customers of Bankrupt Crypto Lender Voyager Could Recover 72% of Their Funds if FTX Sale is Approved

20.10.2022
A judge still needs to approve a bankruptcy payout plan and the company could still scrap the deal in favor of a higher bid

BoE policy talk: DeFi had better implement good governance before it’s too late

19.10.2022
An external member of the BoE policy committee looks at DeFi governance and regulation and lists measures the industry should take before regulated blockchain swallows up business

US Alleges 5 Russian Nationals Used Crypto as Part of Sanctions Evasion, Smuggling Scheme

19.10.2022
Federal prosecutors alleged that five Russian nationals laundered "millions of dollars" worth of unnamed cryptocurrency as part of a scheme to smuggle military technology and oil

How Crypto Advocates Are Defending Ooki DAO

19.10.2022
The Commodity Futures Trading Commission (CFTC) had what looked like an easy case against Ooki DAO. The allegations weren’t really in dispute and the decentralized autonomous organization itself didn’t seem able to put together a response in time for a court-mandated deadline. However,...