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Nalezeno "AI regulation": 11721

Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate

17.6.2024
Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief highlighted that the SEC is “raging” and emphasized...

SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer

17.6.2024
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he expects spot ethereum exchange-traded funds (ETFs) to launch this summer. The SEC is still working with fund issuers on their S-1 filings, which must be declared effective before the spot ether...

Report Says Biden Administration, Mark Cuban, and Ro Khanna Set for Critical Crypto Roundtable

16.6.2024
Members of the Biden administration are reportedly convening for a bitcoin and blockchain roundtable with American entrepreneur and “Shark Tank” star Mark Cuban. This news comes after presidential candidate Donald Trump vowed to “end Joe Biden’s War on Crypto.”...

SEC Now Demands $102.6 Million Penalty From Ripple in XRP Case

16.6.2024
The U.S. Securities and Exchange Commission (SEC) is now pursuing a $102.6 million penalty from Ripple, a substantial reduction from the nearly $2 billion originally sought. Ripple recently proposed a $10 million penalty, citing the Terraform Labs settlement as justification. However, the...

Bloomberg Analyst Now Expects Spot Ethereum ETFs to Launch on July 2

15.6.2024
Bloomberg’s senior ETF analyst has updated his spot ethereum exchange-traded fund (ETF) prediction. “We are moving up our over/under date for the launch of spot ether ETF to July 2nd,” he said. This revision follows light comments from the SEC Staff on issuers’ S-1 filings....

New York Recovers $50 Million From Gemini — Bans the Exchange From Crypto Lending in the State

15.6.2024
New York Attorney General Letitia James has secured a $50 million settlement from cryptocurrency exchange Gemini for Earn program investors. This settlement ensures that all defrauded investors will fully recover the assets they invested but were unable to withdraw when the program collapsed....

BIS Survey: 94% of Central Banks Exploring Digital Currency

15.6.2024
The latest Bank for International Settlements (BIS) survey reveals that 94% of central banks are exploring central bank digital currencies (CBDCs). There has been a notable increase in wholesale CBDC experiments, especially in advanced economies. Central banks are examining various factors...

Stand With Crypto Publishes Manifesto to Make UK a Leader in Digital Assets

15.6.2024
Stand With Crypto UK has published a manifesto outlining steps for the UK to establish itself as a global leader in fintech, digital assets, and tokenization. “We believe the next government should take meaningful steps to position the UK as a global hub of digital assets, tokenization...

Mining execs establish organization to influence US crypto voters

14.6.2024
A board member of the Bitcoin Voter Project described the group as nonpartisan and planned to take a different approach than initiatives like Stand With Crypto

3 reasons why $65K marks the bottom for Bitcoin

14.6.2024
Bitcoin's resilience amid price drops indicates strengthening support at the $65,000 level

Gemini reaches $50M settlement with New York AG over Earn program

14.6.2024
Gemini Trust said that affected Earn users could expect “100% of the assets owed to them” within seven days

Ripple invokes SEC v. Terraform case, argues for smaller civil penalty

14.6.2024
The blockchain firm’s case with the SEC has been ongoing since December 2020, when the regulator alleged Ripple used XRP as an unregistered security to raise funds

Turkey targets Crypto with new 0.03% transaction tax

14.6.2024
Turkey introduced a 0.03% tax on crypto transactions as part of a major fiscal reform to address the budget deficit caused by recent earthquakes

US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions

14.6.2024
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian entities and requires U.S. taxpayers to report crypto transactions...

Tesla CEO Elon Musk Warns Against Government Overregulation

14.6.2024
Tesla CEO Elon Musk has expressed concern that excessive government expansion leads to more regulators than participants, negatively impacting the system. Musk acknowledged the need for regulators but stressed they should not outnumber players. He reiterated that the government should act as...