Canada proposes new capital rules for crypto holdings
The Office of the Superintendent of Financial Institutions is opening public consultations on two draft guidelines, updating its capital and liquidity approach to crypto assets.
US lawmakers invoke FTX and spar on direction of crypto bills
On July 26, six pieces of legislation were being considered by the House Financial Services Committee, including ones on regulatory clarity and consumer protection in the space.
Meta Platforms fined $14 million for Onavo privacy issues: Report
The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors.
Worldcoin struggles to find new users willing to scan iris for crypto
The controversial crypto project’s new sign-ups have dwindled and numbers pale in comparison to the 2 million sign-ups before the launch of the project.
Google, OpenAI, Microsoft form ‘Frontier Model Forum’ to regulate AI development
The Big Tech giants came together to form the Frontier Model Forum in a joint effort to focus on “safe and responsible” development of frontier AI models.
Singapore High Court rules crypto personal property, compares it to fiat money
The judge didn’t see any difference between crypto, fiat money or shells as long as all those objects, physical or not, share value created by mutual faith in them.
UK crime agency scouts for seasoned crypto investigators
The ideal candidate to join the National Crime Agency will be an existing member of the police staff who is a certified, accredited financial investigator.
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