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HSBC, Mastercard File More Crypto-Related Trademark Applications
22.6.2023
HSBC and Mastercard, two major players in the banking and payment industries, have submitted additional trademark applications related to cryptocurrencies with the United States Patent and Trademark Office (USPTO). Mastercard’s filing focuses on crypto and blockchain transactions while...
Binance, Binance.US, and CZ allege SEC made 'misleading' statements on exchange assets
21.6.2023
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets”, despite a court transcript suggesting otherwise
Legendary RPG Series Creator Wants To Help Find The Missing Titanic Sub
21.6.2023
We’re a few days into the search for a missing tourist submarine that vanished while on a trip to survey the ruins of the Titanic dominating headlines. Now, as time for those aboard grows increasingly short, an early video game luminary has thrown his hat into the ring to help find the missing sub....
US lawmakers propose bills to hold bank execs accountable for failures and address risks
21.6.2023
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank
Dollar Reliance Shrinks — China’s LNG Deal With Qatar Challenges ‘Frenemy’ Status With US
21.6.2023
This week, China and Qatar strengthened their bond through a significant development on Tuesday. China National Petroleum Corporation (CNPC) and Qatarenergy inked a 27-year deal, outlining China’s commitment to procure liquefied natural gas (LNG) from Qatar on an annual basis. Under...
U.S. Senator Chuck Schumer calls for ‘comprehensive’ AI legislation
21.6.2023
The U.S. majority senate leader plans to call for urgent bipartisan action from Congress to create “comprehensive legislation” for upcoming AI systems
Binance Unit in Britain Cancels UK Regulatory Authorization
20.6.2023
Britain’s financial regulator has approved a request by Binance to cancel its regulatory permissions in the United Kingdom. The move comes as the world’s leading cryptocurrency exchange takes steps to focus on fewer European markets amid increased scrutiny from regulators and ahead of Europe’s...
Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
20.6.2023
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets
You Can Watch AI Trump Vs. AI Biden In An Endless, Unhinged Debate Live On Twitch
20.6.2023
If there’s a big enough data set to pull from, AI can create audio and visual replications of anyone suddenly saying and doing things they’ve never said before. You’ve probably already seen this in action, whether it’s those popular AI TikTok songs that show you what Ariana Grande might sound like...
Era of trading crypto as non-securities is over, says exchange ex
20.6.2023
SEC-regulated firm INX only lists five cryptocurrencies on its platform, considering them as non-securities
Branding: The layer-1 of a successful Web3 marketing strategy
20.6.2023
Building on a blockchain follows similar fundamental principles to building in real life
Binance UK office one of 2,403 companies sharing ‘utility closet’ in Suffolk
20.6.2023
Binance has drawn attention for using a small building as its registered office in the UK, but tech firms have used a similar trick for years
UK government moves forward on financial markets bill for potential regulation of crypto
19.6.2023
Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes
Binance cancels registration in the UK amid regulatory scrutiny
19.6.2023
Binance’s deregistration with the FCA did not have an operational impact, as it had never done business in the United Kingdom, a regional manager said
CZ, Binance US Pleased With SEC Deal Despite ‘Unwarranted’ Emergency Relief
19.6.2023
Binance founder Changpeng Zhao (CZ) expressed his satisfaction over the agreement with the U.S. securities regulator preventing the freezing of the exchange’s assets in the United States. The crypto company’s American subsidiary also stated it’s pleased that the SEC’s request for a temporary...
Binance, CZ Agree to Repatriate US Customer Assets, SEC Secures Court Order
17.6.2023
Binance and the U.S. Securities and Exchange Commission (SEC) struck a deal to avoid the freezing of the crypto exchange’s assets in the United States. Under an emergency relief secured by the regulator, Binance agreed to repatriate to the U.S. funds held on behalf of customers of its American...
Bittrex US Allows Fiat and Crypto Withdrawals Amid Bankruptcy Proceedings
17.6.2023
Bittrex US, the now-defunct cryptocurrency exchange in the United States, has recently introduced a plan that permits American customers to withdraw crypto and fiat from the platform, provided they satisfy the required regulatory criteria. This withdrawal arrangement was approved on Tuesday by...
US Judge Considers if Crashed Coins of Terraform Labs Were Securities
16.6.2023
A judge in the United States considered on Thursday whether the cryptocurrencies created by Terraform Labs were securities. The failed blockchain firm and its founder, Do Kwon, have asked the court to dismiss a case filed by the U.S. Securities and Exchange Commission (SEC) alleging that they...
‘We had to change strategies,' says SEC enforcement director on recent actions: Report
16.6.2023
The SEC has taken enforcement actions against several crypto firms, a move that has been criticized by many U.S. lawmakers and industry leaders
Crypto Biz: Crypto outflows surge, a16z’s UK office, and the silent altcoins ban
16.6.2023
A tight regulatory environment in the United States coupled with soaring interest rates is forcing crypto companies to rethink their business strategies