SEC crackdown on crypto staking in the US could boost decentralization
[May 2, 2023 7:34 AM] Recent regulatory actions have crypto staking providers in the United States on edge.
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What the Gensler hearing means for US crypto regulation and policy
[May 1, 2023 7:56 AM] Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity.
Liechtenstein adapts blockchain laws to developing crypto landscape
[May 1, 2023 4:14 AM] Future regulation is intended to ensure uniform regulation for all European countries and covered participants.
Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity
[Apr 27, 2023 10:56 AM] Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators.
Utah DAO Act: How the law was made and what it means for decentralized business
[Apr 27, 2023 7:07 AM] How the Utah DAO Act went from an idea to a piece of legislation — and the challenges along the way.
South Korea’s sweeping crypto bill passes first regulatory hurdles
[Apr 26, 2023 12:20 PM] Legislators in South Korea passed a first-phase review of proposed cryptocurrency regulations that include relatively harsh sentencing recommendations.
EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies
[Apr 25, 2023 10:45 AM] Europe's Data Protection Supervisor predicts trouble abroad and at home for U.S. AI companies that run afoul of GDPR.
Draft bill suggests separating legislation on payment stablecoins and digital asset markets
[Apr 24, 2023 3:47 PM] The draft bill no longer included aspects of an earlier version that included legislation of custodial service providers and algorithmic stablecoins, as well as a CBDC study.
OpenAI’s CTO says government regulators should be ‘very involved’ in regulating AI
[Apr 24, 2023 9:53 AM] The executive recently sounded off about government regulators, the “pause” letter, and how close the company is to reaching artificial general intelligence.
Romania plugs into Web3 with national NFT marketplace
[Apr 24, 2023 5:07 AM] Romania’s Informatics Institute is set to launch an institutional NFT trading platform, using Web3 to create a link between the public and private sectors.
Chinese city public servants to receive digital RMB salaries from May
[Apr 23, 2023 2:44 AM] Civil servants including public service personnel, public institution personnel and personnel of state-owned units at all levels in the city will be compensated in digital RMB payment.
Bittrex Receives Wells Notice From SEC for Alleged Investor-Protection Law Violations
[Apr 17, 2023 8:00 AM] According to a recent report, the cryptocurrency exchange Bittrex received a Wells notice from the U.S. Securities and Exchange Commission (SEC) in March, signaling a potential lawsuit. The SEC’s enforcement division sent the Wells notice…
Peer-to-peer crypto exchanges struggle to navigate shifting legal landscape
[Apr 17, 2023 7:01 AM] Two major P2P platforms announced their closure in the first quarter of 2023. Many blame it on growing regulatory scrutiny, but experts call for better alternatives.
Fight between crypto and governments “just getting started”, says ShapeShift CEO
[Apr 15, 2023 9:30 AM] The crypto industry needs to prepare for increasing government pressure as it ramps up its challenge to the State monopoly over money, says ShapeShift CEO Erik Voorhees.
First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation
[Apr 13, 2023 7:01 AM] A data breach and a lack of transparency led Italy to ban ChatGPT, the popular AI-powered chatbot, sparking a debate on the future of AI regulation and innovation.
Paxos set to withdraw from Canada amid regulatory uncertainty
[Apr 12, 2023 3:52 PM] Paxos assured its customers that their funds would "remain safely" in their accounts, but advised users to withdraw all balances from their accounts at their earliest convenience.
2023’s Bitcoin Obituaries: Bitcoin Defies 6 Death Predictions With 80% Price Increase Since End of 2022
[Apr 11, 2023 12:00 PM] It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a…
Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected
[Apr 7, 2023 4:30 PM] A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a…
Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador
[Apr 7, 2023 3:00 PM] According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the…
Washington state DFI warns Eucoinotrade may be engaging in ‘advanced fee fraud’
[Apr 6, 2023 2:45 PM] One user claims they were defrauded out of more than $50,000 by the website, which authorities are now referring to as an “alleged cryptocurrency exchange.”
Japan pushes for friendlier environment for crypto with Web3 proposals
[Apr 6, 2023 7:16 AM] Japan's Web3 project team released a white paper suggesting ways to expand the country's crypto industry to establish a welcoming atmosphere for crypto.
Yellen Says US ‘Not Willing to Allow Contagious Bank Runs,’ Calls OPEC Oil Production Cut ‘Unconstructive’
[Apr 5, 2023 5:30 PM] Roughly 26 days ago and in the following days, the U.S. witnessed two significant bank failures when Silicon Valley Bank and Signature Bank collapsed. After speaking at an event on Monday at Yale University, Janet Yellen, the current U.S. Treasury…
Texas Senate committee moves forward on bill removing incentives for crypto miners
[Apr 4, 2023 1:30 PM] Under the proposed legislation, certain crypto mining firms participating in a program to reduce the load on Texas' energy grid would not receive an abatement on state taxes.
Elizabeth Warren Explains Her ‘Anti-Crypto Army’ Stance; Waves of Democrats Oppose Her Bitcoin Criticism
Unwinding the hyperbole: Are US-based crypto firms really being ‘choked’?
[Apr 3, 2023 7:00 AM] Are U.S. agencies conspiring to “un-bank” crypto and put Binance out of business?
Stress test? What Biden’s bank bailout means for stablecoins
[Apr 2, 2023 8:13 AM] A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance.
Binance vs. CFTC: Latest court battle could alter crypto landscape in US
[Apr 1, 2023 7:30 AM] The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits.
US government plans to sell 41K Bitcoin connected to Silk Road
[Mar 31, 2023 9:55 AM] On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31.
UK government announces 'robust' crypto regulation as part of economic crime plan
[Mar 30, 2023 3:14 PM] The focus on crypto regulation was part of the U.K. government’s plan to fight economic crime, which also included addressing law enforcement's ability to seize and store assets.
Japan plans to form expert panel to explore digital yen: Report
[Mar 30, 2023 1:03 PM] The ministry’s panel will reportedly focus on developing a framework for a central bank digital currency based on a technical study carried out by the Bank of Japan over the past two years.