A group of EU politicians called for a united front in developing AI while tech executives express concerns about its societal impacts.

A group of EU politicians called for a united front in developing AI while tech executives express concerns about its societal impacts.
While the total figures are “alarming,” crypto scams accounted for 7.1% of the total $2.08 billion stolen from Australians in 2022.
A week before a hearing in Congress, the United States gets stablecoin regulatory framework.
Since 2015, crypto firms operating in the state of New York have largely been required to apply for a BitLicense to offer services.
The U.S. Securities and Exchange Commission has filed a complaint against the Seattle-based exchange as Bittrex prepares to stop offering services in the United States.
Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for these crypto platforms.
Bittrex had already started winding down operations by the time it received a notice of potential action from the SEC, the general counsel said.
The crypto advocacy group wants clarity on recent regulatory action against digital asset-friendly banks.
A U.S. Representative has declared he will introduce legislation to have SEC boss Gary Gensler removed from his role.
Cathie Wood thinks Bitcoin and Ether are acting as “risk-off” assets and as a “flight to safety” for investors amid macroeconomic uncertainty.
The Financial Services Committee issued a memorandum to announce an upcoming hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation.”
The Moskowitz law firm has been standing outside NBA superstar Shaquille O'Neal's studio all week to "hand deliver" their legal complaint with no success, according to a recent statement.
FTX’s new management plans to relaunch the exchange in 2024, Ethereum’s Shapella hard executed on mainnet and OpenAI faces rising competition.
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country.
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.
While trying to tie in Kwon’s ill intent in prepaying the law firm, prosecutors believe that the information will help in the ongoing fraud case.
James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme.
The head of the CFTC, Rostin Behnam, recently spoke out against Binance and its leadership at a public-facing event held at Princeton University.
“It seems perverse to me that we would be encouraging centralization,” said SEC Commissioner Hester Peirce prior to a vote on the proposal.
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe.
