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Australian lawmakers send back crypto bill by Andrew Bragg

Introduced in March 2023, Australia’s bill on digital asset market regulation has faced a series of report delays by the Senate, and it's now been sent back for amendments.

The UK releases key ambitions for global AI summit

The officials in the U.K. released their priorities for the upcoming global AI summit during which they plan to focus on risk and policy.

OKX crypto exchange enters final stage of Hong Kong VASP license application

Hong Kong regulators have only approved a handful of crypto exchanges to date that are permitted to offer crypto retail trading services.

South Korea plans to submit bill to freeze North's crypto assets: Report

The cybersecurity bill's latest version reportedly contains ways to "track and neutralize" crypto and digital assets stolen by North Korea, according to a local media report.

Bank of China: Digital yuan payment option must be offered in retail scenarios

In the short term, the e-commerce platforms can integrate the CBDC through the QR codes.

Court rules in favor of HelbizCoin investors, class lawsuit to go ahead

A U.S. District Court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws.

FTX wallet shifts $10M in crypto, sparking fear of token dumps to come

The transfer of millions in altcoins has ignited concerns of FTX creating a potential dump across the crypto markets.

SEC delays BTC ETF decision, Grayscale triumphs SEC, and BitBoy gets the boot: Hodler’s Digest, Aug 27 – Sept 2

Keep track of Grayscale’s victory over the SEC, Ben Armstrong getting the boot and delays for spot Bitcoin ETFs.

FTX court filing reveals former Alameda CEO's $2.5M yacht purchase

The payment to the American Yacht Group was disclosed under the category of payments benefiting any insider within one year prior to the crypto exchange collapse.

UK MPs call for global alliance to tackle AI misuse

This collaboration aims to collectively safeguard against actors, whether state-affiliated or not, who seek to misuse AI for their objectives.

Ripple legal team opposes SEC appeal over XRP decision

Lawyers argued the SEC’s grounds for an appeal was based on “dissatisfaction” with a July court decision that the XRP token did not largely qualify as a security.

Kentucky regulator denies plan for subsidizing crypto mining facility

A proposed contact with the Kentucky Power Company would have allowed Ebon International to receive a discounted rate for service at its crypto mining facility over a decade.

Former SEC chair says spot Bitcoin ETF approval is 'inevitable' despite delays

The commission has another 45 days to approve, deny, or delay spot Bitcoin exchange-traded fund applications from 7 major firms.

Onboarding crypto users in Africa vs. the West — Fonbnk founder Christian Duffus explains

Christian Duffus, founder of Fonbnk, believes a lack of basic infrastructure such as telecommunications is slowing down cryptocurrency adoption in Africa.

US regulators deny blocking AI chip exports to Middle East

The U.S. Department of Commerce denied blocking AI chip sales to the Middle East and remained silent as to whether the requirements were only imposed on specific countries.

China court declares virtual assets legal properties protected by law: Report

Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights.

FTX founder’s expert witnesses would cost up to $1.2K an hour

Sam Bankman-Fried’s potential expert witnesses could charge more than the U.S. prosecution witnesses, according to court filings.

Coinbase vs SEC: New attorney Patrick V. Kennedy joins fight

Attorney Patrick V. Kennedy files a motion to appear pro hac vice in the Coinbase vs. U.S. SEC lawsuit for the Chamber of Digital Commerce.

Bitwise withdraws Bitcoin and Ethereum market cap ETF application

Bitwise was among a number of asset managers looking to launch Bitcoin spot exchange-traded funds on U.S. markets.

Bitcoin heads for red September, but analysts tip October as ‘days to watch’

While history shows September isn't usually great for Bitcoin, analysts urged investors to look to mid-October.

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