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OpenAI’s CTO says government regulators should be ‘very involved’ in regulating AI
24.4.2023
The executive recently sounded off about government regulators, the “pause” letter, and how close the company is to reaching artificial general intelligence
Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case
22.4.2023
Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. Securities and Exchange Commission (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law precludes regulators “from using...
Ava Labs CEO Calls for Crypto Regulators Who Can Read and Audit Code
21.4.2023
Emin Gun Sirer, who also weighed in on zero-knowledge proofs (ZKPs), was addressing the annual Cornell Blockchain conference on New York City’s Roosevelt Island
First Mover Asia: Bitcoin Struggles as U.S. Regulators Fumble: Analyst
21.4.2023
ALSO: CoinDesk columnist Daniel Kuhn considers the European Parliament's passage of crypto rules, which come as U.S. regulatory agencies seem to be backtracking in their efforts to find an effective regulatory approach
Argentina Approves First LATAM BTC Futures Offering – Are Regulators Softening Bitcoin Stance?
17.4.2023
Argentina’s financial markets regulator has approved the Latin America region’s first Bitcoin (BTC) futures contract offering.
In an official notice from the Comisión Nacional de Valores (National Securities Commission or CNV), the regulator explained that it had approved the trading of futures...
What DeFi Must Sacrifice to Appease Regulators
17.4.2023
The “internet financial system” is a pro-compliance, but pro-privacy framework to build crypto protocols which satisfy regulators and consumers
Binance CEO CZ: Regulators need deep understanding crypto for proper rules
12.4.2023
Binance CEO Changpeng Zhao emphasizes the need for a proper understanding of the crypto industry by regulators and active engagement by industry players to achieve regulatory clarity
World Regulators Are Looking at DeFi
12.4.2023
Decentralized finance (DeFi) is entering regulators’ crosshairs, but they don’t seem to be intent on taking it out – yet anyway. Instead a pair of reports from U.S. and French authorities seem more focused on understanding what sort of risks DeFi might pose to both users and the broader financial...
Bitcoin leads crypto market recovery as regulators turn up heat: Report
7.4.2023
Mining stocks spurt ahead, but VCs remain cautious, as some are expecting a recovery in the crypto markets
Report: Binance Asked to Provide More Information as Dubai Tightens Screws Against Crypto Entities
7.4.2023
Dubai’s Virtual Assets Regulatory Authority (VARA) has reportedly asked Binance to share more information about the crypto exchange’s ownership structure and its auditing procedures. According to reports, Dubai regulators are still keen on fostering innovation but without comprising...
US state regulators announce $10M settlement with Robinhood 'for failing investors'
6.4.2023
The investigation looked into complaints of Robinhood's system outages, causing users to miss out on trades while many of the platform's services were unavailable
South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
6.4.2023
The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have...
Binance Australia's Derivatives License Cancelled by Regulator
6.4.2023
The Australian Securities and Investments Commission (ASIC) has cancelled Binance Australia's derivatives license, according to a press release
Multiple US state regulators allege AI trading dApp is a Ponzi scheme
5.4.2023
The alleged scheme claimed it could generate returns of up to 2.2% a day by leveraging AI to trade more often and with higher profits than a person could
Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official
4.4.2023
A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as...
Crypto Exchange Bittrex Shuts Down US Operations Due to Regulatory Uncertainty
2.4.2023
Cryptocurrency exchange Bittrex is shutting down its U.S. operations due to “continued regulatory uncertainty” as U.S. regulators increase their enforcement efforts against cryptocurrency trading platforms. Regulatory requirements currently “are often unclear and enforced without...
Sushi Swap CEO Says He No Longer Feels 'Inspired' Amid U.S. Regulators’ Crypto Crackdown
31.3.2023
Sushi Swap Head Chef Jared Grey fielded questions from his community about an SEC subpoena he received during a Thursday call
The Short-Sightedness of Run-Amok Regulators
29.3.2023
Ric Edelman, founder of the Digital Assets Council of Financial Professionals, talks about a key reason why crypto’s future looks bleaker: an apparent effort to cut it off from U.S. banks
Binance CEO CZ Responds to US Regulator’s Charges
29.3.2023
Binance CEO Changpeng Zhao (CZ) has addressed the allegations against him by the U.S. Commodity Futures Trading Commission (CFTC). “We do not agree with the characterization of many of the issues alleged in the complaint,” the executive stressed. CZ Responds to CFTC’s Allegations...
Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses
29.3.2023
According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying...