Decentral Block Post

It is expected to be a guide in managing both the potential benefits and risks associated with AI technology.

Emmer intends to introduce an appropriations amendment that will limit the SEC's utilization of funds for digital asset enforcement until comprehensive rules and regulations are put in place.

The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues.

Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event.

Binance CEO Changpeng Zhao says DeFi will outpace CeFi in the next bull run, but the Bank for International Settlements is skeptical.

Lawmakers with the U.S. Senate Financial Services Committee announced in July they would be accepting suggestions on how to tax crypto until Sept. 8.

Fortress holds a Nevada Trust license for asset custody. Ripple holds more than 30 licenses across the United States.

The CFTC has brought or resolved ten fraud cases involving digital assets or forex since June 2023, Commissioner Kristin Johnson said.

Stuffed down toilets, dismembered in suitcases — crypto has been the common denominator for several gruesome murders and mysterious deaths this year.

The commissioner advocates public and stakeholder engagement through rulemaking, not just enforcement.

The Thodex founder fled the country in 2021 only to be detained in Albania in Aug. 2022 and extradited to Turkey in April 2023.

Tencent builds the largest AI LLM model ever, South Korean authorities bust $83M crypto scam.

The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are more prevalent in the fiat economy.

Block Earner has unveiled a new crypto-backed loan product for the Australian market, amid an ongoing tussle with a federal regulator over its shuttered Earn product.

Blockchain-based file-sharing and payment network LBRY is planning to pick up the fight against the federal regulator again after losing the battle in November last year.

The crypto exchange’s focus on non-U.S. markets is part of a next phase in its expansion plans, said the firm.

The commodities regulator handed out fines of $250,000, $200,000, and $100,000 respectively to the three firms in addition to cease and desist orders.

Commissioner Caroline Pham called for the pilot program to kick off with a stakeholder roundtable and for the CFTC to propose and adopt rules on the risks retail investors face.

Ryan Salame will reportedly remain free on a $1-million bond until his sentencing hearing scheduled for March 2024.

Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14.