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SEC Chair Gensler Declines to Say if Ether Is a Security in Contentious Congressional Hearing

19.4.2023
Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday

EU sets up research hub to analyze Big Tech's AI algorithms

19.4.2023
The research unit will be tasked with auditing the AI-backed algorithms used by large technology firms such as Google and Meta

What’s in the House Financial Services Committee’s Stablecoin Bill?

19.4.2023
The House Financial Services Committee has finally unveiled its stablecoin legislation, proposing a framework for stablecoin issuers such as Circle and Tether to define how their offerings can be regulated by state and federal entities, while calling for a temporary ban on algorithmic stablecoins

Speakers prepare to tell US House Financial Services Committee about stablecoins

18.4.2023
Five experts will testify at a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation,” with two of them releasing their scripts in advance

Bitcoin Financial Services Firm Unchained Capital Raises $60M

18.4.2023
The Series B fundraise comes about five months after the company cut 15% of its staff amid the pressures of crypto winter

Congressional Republicans Criticize SEC Chair Gary Gensler's Crypto Approach Ahead of Hearing

18.4.2023
Republicans on the House Financial Services Committee sent a letter criticizing Securities and Exchange Commission Chair Gary Gensler and his repeated entreaties to crypto companies to "come in and register" moments before a congressional hearing on his agency

Unchained raises $60M to offer collaborative custody Bitcoin services

18.4.2023
Texas-based Unchained Capital hopes to undermine single points of failure and mitigate counterparty risk with its substantial $60 million raise, led by Valor Equity Partners

Video of SEC chair praising Algorand resurfaces after recently deeming it a security

18.4.2023
Members of the crypto community have called out the SEC Chairman for “shilling” Algorand

SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules

17.4.2023
The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary Gensler has been saying: Crypto belongs in the securities...

Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape

17.4.2023
Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives

The need for real, viable data in AI

17.4.2023
While still in its infancy, blockchain is particularly promising in validating data. Verifying data through blockchain networks can ensure that AI is computing accurate data to produce accurate products and results

Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

15.4.2023
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide...

Onramp Launches First Spot Bitcoin Trust With Multi-Party Custody

14.4.2023
The company, based in Austin, Texas, says the new offering is the first bitcoin trust that takes advantage of Bitcoin’s multi-signature capability

Twitter Users to Trade Crypto Through Etoro

14.4.2023
Social trading company Etoro has partnered with Twitter to will allow users of the microblogging platform to invest in cryptocurrencies and other assets. The move is viewed as a step towards turning the social media into a “super app,” a mission under Musk, providing financial and a range of other...