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Nalezeno "AI regulation": 72870

After googling it, CFTC boss says DeFi is a ‘bad idea’ and probably illegal

9.6.2021
CFTC Commissioner Dan M. Berkovitz has called for a crackdown on unregulated DeFi derivatives platforms

Mexico lawmakers aim to follow the example of neighboring countries with proposed Bitcoin legislation

8.6.2021
“We are going to lead the shift to crypto and fintech in Mexico,” said one senator

IRS needs congressional authority to handle crypto, says chief

8.6.2021
"Most crypto, virtual currencies are designed to stay off the radar screen," said Charles Rettig

Latin lawmakers don lazer eyes on Twitter in support of Bitcoin

8.6.2021
An increasing number of Latin American lawmakers are donning Lazer eyes on their Twitter avatars to express their support for Bitcoin and digital assets

Former SEC head and treasury undersecretary defend US crypto regulations

8.6.2021
Former top policymakers Jay Clayton and Brent McIntosh has defended the crypto regulatory regimes established during their respective government tenures

Donald Trump Detests Bitcoin, Calls BTC a Scam, Wants Heavy Crypto Regulation

8.6.2021
Former U.S. President Donald Trump says he does not like bitcoin because it is a currency that competes with the dollar, which he wants to be the currency of the world. He calls bitcoin a scam and wants cryptocurrency to be very heavily regulated. Trump Thinks Bitcoin Is a Scam, Wants Heavy...

US officials recover $2.3M in crypto from Colonial Pipeline ransom

7.6.2021
Government officials did not specify the exact method used to seize the funds from the ransomware group

US Senators Call for Increased Measures to Regulate and Trace Cryptocurrencies

7.6.2021
Two U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order to combat ransomware attacks. “We haven’t figured out in the country or in the world how to trace cryptocurrency,” one senator...

Global banking regulator plans to hold consultation on crypto exposure

7.6.2021
The group has previously warned of "financial stability concerns" and risks faced by banks when it comes to cryptocurrencies

Infosys Chairman Advocates Regulation of Crypto Assets as Commodities in India

7.6.2021
The chairman of major Indian company Infosys says that crypto should be regulated as an asset, like a commodity. He believes that crypto investors will significantly contribute to India’s economy. Infosys Chairman Wants Crypto Regulated as an Asset Infosys Chairman Nandan Nilekani says...

Lawmakers should treat crypto like gold or real estate: Indian tech magnate

7.6.2021
Indian tech mogul, Nandan Nilekani, believes the country should be seeking to attract investment from the $1.7 trillion crypto asset industry

Norway Finance Minister Sees Great Interest in Cryptocurrency — Says Bitcoin Could See ‘Breakthroughs’

7.6.2021
The finance minister of Norway believes that bitcoin may experience “breakthroughs.” He noted that “There is no doubt that there is great interest in cryptocurrency both in Norway and internationally.” Bitcoin May See Breakthroughs, Says Finance Minister of Norway...

G7 Finance Chiefs to Publish Common Rules for State-Issued Digital Currencies This Year

6.6.2021
The G7 finance ministers and central bank governors have met and agreed to work towards common principles for state-backed digital currencies and publish their conclusions this year. They said these digital currencies “could act as both a liquid, safe settlement asset and as an anchor for...

Miami Mayor Confident Crypto Regulatory Issues Will Be Resolved — Says ‘Buy the Dip’

6.6.2021
The mayor of the U.S. city of Miami, Francis Suarez, explains how he plans to make his city the capital of bitcoin. He believes that issues surrounding cryptocurrency “will work themselves out,” adding that “in the end, there is only one thing to do: buy the dip.” Miami...

South Korea’s Financial Regulator Holds Closed-Door Meeting With 20 Crypto Exchanges

5.6.2021
Regional reports disclose South Korea’s Financial Services Commission (FSC) had a closed-door meeting with roughly 20 different cryptocurrency exchanges on June 3. The report highlights that virtual asset business operators (VASPs) that attended the meeting all had ISMS (Information Security...

Biden Makes Cryptocurrency a Focus of New Anti-Corruption Directive for National Security

4.6.2021
Cryptocurrency is a point of focus in President Joe Biden’s new directive aimed at combating corruption as a core national security interest of the U.S. An official of the Biden administration says that major parts of the directive will focus on cryptocurrency and cybercrime. Crypto a Focus...

India’s Central Bank RBI Still Has ‘Major Concerns’ About Crypto After Saying Ban No Longer Valid

4.6.2021
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, has clarified the central bank’s position regarding cryptocurrency. His statements followed a notice published by the RBI telling banks that its crypto banking restriction is no longer valid and cannot be cited. RBI Still...