Silvergate Capital Corporation and its crypto-friendly bank will have 10 days to submit a self-liquidation […]
Category: Uncategorized
Money stored on mobile payment apps may not be FDIC insured, US watchdog warns
Deposits on mobile payment apps may not be insured by the FDIC, and customers may […]
What will Binance Australia services look like after debanking?
Binance suspended fiat on- and off-ramps by bank transfers in Australia, as well as trading […]
Dogecoin investors accuse Elon Musk of insider trading in amended class-action lawsuit
“This is a securities fraud class action arising from a deliberate course of carnival barking […]
Australia asks if ‘high-risk’ AI should be banned in surprise consultation
The Australian government suddenly announced a new eight-week consultation to ask how heavily it should […]
Japanese AI experts raise concern over bots trained on copyrighted material
Takashi Kii, the Member of the House of Representatives for 10 Wards of Fukuoka indicated […]
SBF wants to subpoena documents from old FTX/Alameda law firm to use in his defense
The prosecution and FTX debtors already have access to the documents, which concern 11 topics […]
Sen. Elizabeth Warren points to crypto payments as facilitating fentanyl trade in China
“The number of crypto transactions associated with Chinese fentanyl brokers increased by 450% just last […]
EU officials sign Markets in Crypto-Assets framework into law
First introduced in 2020, MiCA aims to create a consistent regulatory framework for crypto assets […]
Hong Kong Virtual Assets Consortium launched with Huobi as first member
The new consortium will provide ratings of digital asset trading platforms and cryptocurrency market indexes […]
Former House Rep blames industry outsiders for associating crypto with bank’s failure
According to Barney Frank, Signature Bank’s only issue prior to regulators seizing control in March […]
Binance plans new round of layoffs amid increased regulatory scrutiny
Binance’s chief strategy officer Patrick Hillmann hinted on Twitter the resource reorganization is meant to […]
EU, US should push for AI code of conduct: EU tech chief
The EU tech chief spoke to members of the EU-U.S. Trade and Technology Council about […]
AML rules for digital assets to come into effect in UAE
The licensed financial institutions would be required to identify and verify the identities of all […]
AI experts sign doc comparing risk of ‘extinction from AI’ to pandemics, nuclear war
The “Godfather of AI” and the CEOs of OpenAI, Google DeepMind and Anthropic are among […]
US district judge sends matter of FTX independent examiner to appellate court
A bankruptcy judge denied a motion for an independent examiner in February, leading to an […]
US CFTC issues letter on digital asset derivatives, clearing compliance in 3 areas
The letter is a reminder, but a highly specific one that is reminiscent of the […]
Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening
Hong Kong’s retail trading regime is days away from going live and crypto exchanges are […]
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” […]
From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29
Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions […]
