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Nalezeno "AI regulations": 3527

Sam Bankman-Fried's Complaints About Discovery Are 'Misleading,' DOJ Says

29.8.2023
Federal prosecutors have challenged FTX founder Sam Bankman-Fried’s allegations that prosecutors dumped “millions” of pages worth of potential evidence on the former CEO’s defense team just two months ahead of his criminal trial, a Tuesday court filing shows

Indian Crypto Exchange CoinSwitch Cuts Support Team, Citing Market Doldrums

29.8.2023
The crypto investment platform laid off 44 people, or nearly 7% of its employees, about three weeks ago

DCG Reaches Crucial In-Principle Deal With Genesis Creditors, Recoveries Could Be Up to 90%

29.8.2023
Digital Currency Group (DCG) and Genesis creditors have reached a deal in principle to resolve the claims in the Genesis Capital Chapter 11 cases, according to a court filing on Tuesday

All of Sam Bankman-Fried's Proposed Expert Witnesses Should be Barred From Testifying: DOJ

29.8.2023
All of FTX founder’s Sam Bankman-Fried’s proposed witnesses should be disqualified from testifying because their disclosure filings are insufficient, their experience may be misleading or their planned testimony may not be relevant, prosecutors said in a late Monday filing. The defense team moved...

Lawmakers Object to Federal Reserve’s Stablecoin Guidelines — Say They Undermine Legislative Progress

29.8.2023
Several U.S. lawmakers have objected to the Federal Reserve’s stablecoin regulatory guidelines, which they believe “will undoubtedly deter financial institutions from participating in the digital asset ecosystem.” According to the lawmakers, “The Fed has chosen to effectively...

Binance’s Belgian Customers to Use Polish Entity In Bid to Escape Regulators’ Ban

28.8.2023
Financial authority FSMA told the company in June to cease serving Belgian customers from outside the European bloc

Google updates service policies to comply with EU regulations

28.8.2023
Google and other major platforms on the web will need to update their service policies in order to comply with EU standards in its Digital Services Act by Aug. 28

Indian Billionaire Mukesh Ambani's Firm Will Explore Blockchain Platforms and CBDCs

28.8.2023
Reliance Industries Ltd. is entering the world of blockchain and central bank digital currencies (CBDCs), its Chairman and Asia's richest man, Mukesh Ambani, announced on Monday

India’s Prime Minister Calls for Global Crypto Framework With Focus on Unified Approach, Adoption, Democratization

28.8.2023
India’s Prime Minister Narendra Modi says crypto needs “a global framework and regulations.” He stressed: “The rapid pace of change of technology is a reality — there is no point in ignoring it or wishing it away. Instead, the focus should be on adoption, democratization, and a unified approach.”...

Sam Bankman-Fried's Defense Renews Push for 'Temporary Release' Ahead of October Trial

28.8.2023
Attorneys for Sam Bankman-Fried have filed a new motion to secure his "temporary release" or at least have him dropped off with his defense team five days a week

Sweeping U.S. Tax Proposal Met With Boos From Crypto World

25.8.2023
An immediate burst of criticism from the crypto industry shows the U.S. Treasury Department’s new proposal on how to handle digital assets taxes will face a long road as it enters a months-long period of public comments and hearings

Celsius Token Holders Lose Bid to Hike CEL Valuation

25.8.2023
Creditors of the bankrupt crypto lender argue it should be valued at $0.80, its nominal price when the company collapsed, despite allegations of market manipulation

U.S. Crypto Tax Proposal Lets Miners off the Hook, Snares ‘Some’ Decentralized Exchanges

25.8.2023
The U.S. Treasury Department has finally unveiled its definition of a "broker" for the crypto industry, defining how crypto companies and investors will need to meet tax reporting obligations and answering a years-old question over whether decentralized finance platforms and miners will need...

Tokenization Could Improve Bond Market Efficiency, Hong Kong Regulator Says

25.8.2023
A successful $100 million tokenized green bond issuance earlier this year has convinced the Hong Kong Monetary Authority to continue exploring tokenization to improve financial markets

Prime Trust Lost $8M in Doomed Terra Stablecoin Investment, CEO Says

25.8.2023
A separate 2021 wallet bungle by the crypto custodian, taken into receivership in July, cost it $76 million, the CEO said in a court filing

FTX, BlockFi's Customer Data Compromised in Kroll Hack

25.8.2023
A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies

BRICS States Should Tackle AI Risks Together, Xi Jinping Says

25.8.2023
BRICS nations should address the risks related to artificial intelligence (AI), Chinese President Xi Jinping said during the group’s summit in South Africa. China’s leader is also convinced that the members of the economic bloc must work to standardize the technology. BRICS Should Strive for...