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PayPal scores UK crypto license after brief local Bitcoin buy halt
1.11.2023
Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate
Bruno Block, Founder of Oyster Pearl, Receives Four-Year Prison Sentence – Here’s Why
1.11.2023
Amir Elmaani , the 31-year-old founder of Oyster Protocol, has been handed a maximum prison sentence of four years for tax evasion. In a Tuesday announcement, the United States Attorney’s Office said that Elmaani, also known by the alias “Bruno Block,” received this sentence after...
GAO finds controversial SEC guidance is subject to congressional oversight
31.10.2023
The SEC’s Staff Accounting Bulletin 121 has been the target of much criticism in the crypto community
Biden Administration Issues Landmark AI Executive Order
31.10.2023
United States president Joe Biden has issued an executive order to establish new rules and standards that artificial intelligence (AI) companies will have to follow to secure the leadership of America in the field. The executive order also ostensibly seeks to protect the privacy of citizens...
Crypto startup Bastion secures money transmitter licenses in US
31.10.2023
Launched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in New Hampshire and Arkansas
Crypto’s phoenix moment: Rising stronger amidst scandals and volatility
31.10.2023
Despite the remaining challenges and uncertainties, there emerges a guarded optimism enveloping the sector, symbolizing its resilience and adaptive nature
TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content
31.10.2023
Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content such as explicit images of children
Crypto asset manager Valkyrie amends spot Bitcoin ETF filing
31.10.2023
With the latest spot BTC ETF amendments by Valkyrie and VanEck joining at least six others to make similar changes, five other spot Bitcoin ETF filings are yet to be amended
Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit
31.10.2023
Do Kwon, the co-founder now-collapsed Terraform ecosystem maintains he and his firm did not skirt U.S. securities laws
SBF claims innocence, contradicts other witnesses: Law Decoded
30.10.2023
Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court
Biden administration releases executive order for new AI safety standards
30.10.2023
The U.S. government’s executive order establishes six new standards for AI safety and security and its intentions for ethical AI usage within the government
UK Government Rolls Out Final Proposals for Stablecoin Regulation
30.10.2023
The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users. In an Oct 30 release, His Majesty’s Treasury published a set of guidelines for regulating...
Singapore’s Central Bank Joins Forces with Monetary Authorities in Japan, Switzerland, and the UK for Joint Digital Asset Pilots
30.10.2023
Singapore’s central bank has announced plans to collaborate with monetary authorities in Japan, Switzerland, and the United Kingdom for joint digital asset pilots. In a Monday press release, the Monetary Authority of Singapore (MAS) announced that it will collaborate with the Financial...
UK publishes plans for stablecoins regulation
30.10.2023
Non-fiat-backed types of stablecoins will not be allowed into regulated payment chains
G7 countries to launch AI code of conduct: Report
30.10.2023
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology
Singapore plans joint crypto pilots with Japan, Switzerland and UK
30.10.2023
Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project
Bitcoin price and energy use for mining highly correlated: UN Report
30.10.2023
The UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global Bitcoin mining network consumed 173.42 Terawatt hours of electricity
Standard Chartered-owned crypto platform Zodia launches in Hong Kong
30.10.2023
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said
VanEck Files Amended Application for Bitcoin ETF with SEC
30.10.2023
New York-based asset management firm VanEck has taken a significant step towards launching a spot Bitcoin exchange-traded fund (ETF) by submitting an amended application to the United States Securities and Exchange Commission (SEC). In a notable departure from the strategies followed by other...
VanEck amends application for spot Bitcoin ETF
29.10.2023
VanEck joins the group of asset managers updating applications for a spot Bitcoin ETF in the United States