Search

Nalezeno "EU AI regulations": 3523

'Bruno Brock', Founder of Oyster Pearl, Gets Four Year Jail Term for Tax Evasion

1.11.2023
Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million

Busan City Seeks Operators for the Upcoming Busan Digital Asset Exchange

1.11.2023
South Korea’s Busan city is officially seeking operators for its forthcoming Busan Digital Asset Exchange. According to a notice issued by Busan City and reported by MarsBit news, the selection process for operators for the Busan Digital Asset Exchange is currently underway. Busan Digital...

Turkey in "Final Stage" of Bringing Crypto Legislation as Last Step to Get off FATF's Grey List: Minister

1.11.2023
Turkey is in the "final stage" of bringing crypto legislation to its parliament, a last step required for it to be removed from the Financial Action Task Force's (FATF) "grey list

SEC Chair Gensler Wishes Bitcoin’s White Paper Happy Anniversary With Warning for Crypto Firms

1.11.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has wished Bitcoin’s white paper a happy anniversary. In addition to his playful remark about Bitcoin creator Satoshi Nakamoto dressing up in a Halloween costume, Gensler issued a stern warning to crypto firms, emphasizing...

Lack of Global Regulation and Inconsistencies Could Hinder Stablecoin Cross-border Utility: CPMI Report

31.10.2023
Financial authorities continue to tip stablecoins as a pathway to better cross-border payments but a new report shows that regulations, competition, and network scale pose threats to wider adoption. The Committee on Payment and Market Infrastructures (CPMI) explained the vast utilities...

U.S. SEC Messed Up in Handling Contentious Crypto Accounting Bulletin: GAO

31.10.2023
The U.S. Securities and Exchange Commission (SEC) was out of bounds when it issued its controversial "Staff Accounting Bulletin 121," according to the Government Accountability Office (GAO). The 2022 guidance, which the industry says threatens crypto investors' ability to find safe harbors...

Coinbase-Backed Advocacy Group Enlists Crypto Masses, Raises $2M From 80,000

31.10.2023
A Coinbase (COIN) effort to drum up a cross-country swell of amateur crypto advocates – the nonprofit Stand With Crypto – has paid off with a surge of more than 100,000 individuals getting involved in the opening weeks, organizers say

Sam Bankman-Fried Needs Better Answers on the Stand

31.10.2023
There was a moment on Monday where an assistant U.S. attorney needed to ask FTX founder Sam Bankman-Fried if he was the chairman and sole board member of Alameda Research, while showing him a document that he signed, which literally identified him as the chairman and sole board member. And Sam's...

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

31.10.2023
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said

Daniel Shin Blames Terraform Collapse on Do Kwon's Management: Report

31.10.2023
Shin is attempting to distance himself from Terra and Kwon as he faces trial in South Korea

Spain Brings Forward MiCA Crypto Rules by Six Months After EU Pressure

31.10.2023
The government hopes the move, potentially affecting the likes of Binance and Coinbase, will bring greater regulatory clarity

Banking Giant Standard Chartered’s Crypto Custody Firm Zodia Launches in Hong Kong

31.10.2023
British banking giant Standard Chartered-owned crypto custody firm Zodia is launching services in Hong Kong. “The Hong Kong government and the regulators see digital assets as the future and also want Hong Kong to be a hub,” the crypto firm’s CEO emphasized. Zodia has already expanded into...

SEC’s Spot Bitcoin ETF Approval Looking Like ‘a Done Deal’ in January, Says Bernstein

31.10.2023
Global asset management firm Alliancebernstein’s research arm expects the U.S. Securities and Exchange Commission (SEC) to approve its first spot bitcoin exchange-traded fund (ETF) in early January 2024. Noting that the regulator “has been actively responding with edits/comments on...

US Treasury Deputy Secretary: Crypto Not Major Source of Funding for Terrorists

30.10.2023
U.S. Treasury Deputy Secretary Wally Adeyemo says crypto is not the vast majority of the ways terrorist groups are funded, noting that these organizations “continued to use the traditional banking system.” His statements followed media reports claiming that Hamas raised a large sum...

Marshall Islands Further Strengthen's Law That Made DAOs Legal Entities

30.10.2023
The Republic of the Marshall Islands has passed legislation that takes its already advanced law for decentralized autonomous organizations (DAOs) a step further

Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case

30.10.2023
Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities

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...