Elon Musk calls for AI regulatory oversight: Report
Twitter's executive chairman Elon Musk continues to push for more regulatory oversight of artificial intelligence, claiming it may be "smarter...
Regulation
Australian regulator searched Binance Australia’s offices
Key takeaways ASIC searched Binance Australia’s offices The offices of Binance Australia, the Australian arm of Binance, were searched on...
spot Bitcoin ETF approval “fairly high”
$650 billion asset manager Bernstein believes there’s a good chance of a spot Bitcoin ETF approval. The SEC’s argument for...
Revolut announces delisting of SOL, MATIC and ADA
Revolut is taking the step after its US-based partner Bakkt recently delisted the tokens. MATIC, ADA and SOL will however...
Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal
Cryptocurrency exchange Bittrex has submitted a motion to dismiss in its legal dispute with the United States Securities and Exchange...
North Carolina approves bill on state study of Bitcoin
The “State Precious Metals Depository Study” bill received bipartisan support and passed 75-38. North Carolina could look into adding Bitcoin...
Celsius to sell altcoins for BTC, ETH starting July 1
Bankruptcy Judge Martin Glenn of the US Southern District Court of New York on Friday ordered that bankrupt crypto lender...
Slovakia Parliament approves lowering of crypto taxes
The taxes will be lowered to 7% from the current taxation sliding scale of either 19% or 25%. Also, cryptocurrency...
Bitcoin ETF race gets hotter as ARK Invest adds surveillance agreement to application
ARK Investment Management has amended its spot Bitcoin (BTC) exchange-traded fund (ETF) application with the United States Securities and Exchange Commission,...
Binance motion alleging SEC misconduct denied
A US judge has said the court cannot wordsmith the SEC and Binance’s press releases. But in denying the crypto...
HSBC rolls out cryptocurrency services in Hong Kong: Report
Hong Kong and Shanghai Banking Corporation (HSBC) — the biggest bank in Hong Kong — has reportedly introduced its first...
$794K SIM swap hacker PlugwalkJoe sentenced to 5 years in prison
British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in a United States prison...
Crypto trading is an important part of the virtual asset ecosystem, says Hong Kong’s SFC chief
The CEO of Hong Kong's Securities and Futures Commission (SFC), Julia Leung Fung-yee, addressed Hong Kong's embrace of Web3 regulation...
Coinbase gets key win at the US Supreme Court
The US Supreme Court ruled that the district court must stay proceedings in a class action lawsuit when interlocutory appeal...
‘we see payment stablecoins as a form of money’
Powell testified before the House Financial Services Committee today. He discussed a range of topics around digital assets on Wednesday....
US lawmakers propose bills to hold bank execs accountable for failures and address risks
Democrats with the United States House Financial Services Committee have introduced several bills in what they described as the “first...
EU consumer protection groups urge governments to investigate AI
Consumer protection groups from the European Union (EU) have urged regulators to conduct investigations on artificial intelligence (AI) models behind...
Do Kwon gets 4 months in prison in Montenegro on fake passport charges
Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and...
Binance sends cease and desist notice to fraudulent Nigerian entity
Binance CEO Changpeng Zhao has announced that Binance has officially issued a cease and desist notice to the fraudulent entity known as...
US court approves SEC-Binance.US agreement
United States Judge Amy Berman Jackson approved on June 17 an agreement between Binance.US, Binance, and the Securities and Exchange...
Which altcoins will survive the SEC crackdown? Bitcoin OG explains
Proof-of-work coins that had a fair distribution at their launch are the most likely to avoid being labeled as securities...
EU lawmakers vote for landmark AI regulation
The European Union Parliament has voted in favour of an AI Act. If ratified, the law will require AI systems...
