https://decrypt.co/197760/debanking-row-revived-by-uk-regulator-review
The Financial Conduct Authority is reported to have found no evidence of politically-motivated account closures.
https://decrypt.co/197760/debanking-row-revived-by-uk-regulator-review
The Financial Conduct Authority is reported to have found no evidence of politically-motivated account closures.
The exchange identified a number of suspicious wallets draining funds from the platform in “anomalous withdrawals.”
The international bodies warned of threats to monetary policy and financial stability if crypto adoption becomes widespread.
https://decrypt.co/155268/uks-frontier-ai-taskforce-appoints-advisors-to-start-up-inside-government
The AI heavyweights joining the taskforce include a former OpenAI researcher, a Turing Award winner, and the Director of GCHQ.
https://decrypt.co/149578/binances-new-general-counsel-on-the-cutting-edge-of-crypto-regulation
Each day brings “a legal question which there’s no precedent for,” says top lawyer Eleanor Hughes, as Binance works to build trust in the industry.
While more than 80 companies are registered with the AMF, SG Forge is the first to be licensed.
https://decrypt.co/149132/chinese-police-arrest-21-in-54m-usdt-money-laundering-probe
The suspects allegedly purchased Tether’s stablecoin over-the-counter and sold it at inflated prices over WeChat.
https://decrypt.co/148873/g20-body-issues-9-regulatory-recommendations-rein-crypto-industry
The FSB said it had taken into account events of the past year, including the collapse of FTX and Terra, in its newest recommendations.
https://decrypt.co/148562/kraken-crypto-com-join-coinbase-relisting-after-court-ruling
Though the judge’s decision didn’t relate to secondary sales, exchanges are signaling greater confidence in trading XRP.
https://decrypt.co/148259/bankrupt-celsius-demands-stakehound-return-150m-ethereum-polygon-polkadot
Large quantities of the bankrupt crypto lender Celsius’ Ethereum were locked up with the staking platform.
https://decrypt.co/147885/sarah-silverman-sues-meta-openai-training-ai-models-her-book
The comedian and two other authors say their work was used to train AI-powered chatbots without their permission.
https://decrypt.co/146358/as-eus-landmark-crypto-rules-come-into-force-do-we-already-need-mica-2-0
Policy experts weigh in on calls for a new version of the European Union’s Markets in Crypto Assets legislation.
https://decrypt.co/145750/ripple-gains-in-principle-payments-license-in-singapore
Ripple CEO Brad Garlinghouse said the approval reaffirmed the company’s commitment to the Asia-Pacific region.
https://decrypt.co/145572/wimbledon-2023-to-feature-ai-generated-highlights-commentary
The Grand Slam tennis championship will use IBM’s artificial intelligence tech to produce audio commentary for highlights packages.
The ‘Project Rosalind’ software trial found that central bank digital currencies could enable smart contract-like features for transactions.
https://decrypt.co/144740/sam-bankman-fried-trial-can-only-proceed-original-charges-says-doj
The Government is willing to wait a bit longer to try the FTX founder Sam Bankman-Fried on several additional counts.
MiCA comes into effect next year, but that doesn’t mean crypto firms should wait to become compliant, said Chainalysis’ EU policy lead.
https://decrypt.co/144555/fashion-brands-still-nervous-set-ip-loose-in-metaverse-bnv-ceo
Allowing users to create their own versions of products is a “big step” for brands, BNV CEO Richard Hobbs told Decrypt.
https://decrypt.co/144210/bitgos-lawsuit-against-galaxy-digital-over-1-2b-merger-dismissed
Galaxy said it was “pleased” at the dismissal of the $100m lawsuit, after the merger between the companies was called off last year.
The Senator said to ‘stay tuned’ for more on her efforts to establish a regulatory framework for the crypto sector in the U.S.
https://decrypt.co/143717/unclear-whether-mica-will-jumpstart-crypto-in-eu-circle-europe-policy-head
“It does give us that legal certainty that we needed, but it’s just really a part of the story,” Kraken’s EU policy head said.
https://decrypt.co/143702/central-banks-should-not-dominate-cbdc-says-ex-central-banker
Jón Helgi Egilsson, a former chairman of the Icelandic central bank, urged his former counterparts to “embrace competition” on CBDCs.
https://decrypt.co/142720/bali-tells-tourists-dont-pay-with-crypto
Local authorities have warned that tourists who attempt to use crypto as a means of payment will be “dealt with firmly.”
https://decrypt.co/140913/hotbit-shutters-crypto-exchange-urges-users-withdraw-funds
The team behind Hotbit said centralized exchanges were become “increasingly cumbersome,” adding that users should withdraw funds by June 21.
https://decrypt.co/140698/stablecoin-issuers-pour-money-dc-crypto-legislation-hits-agendas
Stablecoin issuers Tether and Circle have been regularly paying lobbyists to stay on top of possible regulations.
https://decrypt.co/140461/tether-pledges-to-plow-15-of-profits-into-bitcoin
Bitcoin has ‘continually proven its resilience’ said Tether’s CTO, as the stablecoin issuer adds to its $1.5 billion reserves of the cryptocurrency.
https://decrypt.co/140297/eu-finance-ministers-give-final-go-ahead-to-mica
EcoFin passed the Europe-wide regulation unanimously, meaning the new crypto rules will become law this summer.
https://decrypt.co/138713/what-is-mica-eu-crypto-regulation-explained
Crypto firms in Europe now face tighter rules as well as easier access to multiple markets. It’s expected to become law in July 2023.
https://decrypt.co/139428/shaq-still-not-served-ftx-lawsuit-lawyers-claim
Multiple attempts to hand Shaq documents culminated in them being thrown at his car, according to court filings.
https://decrypt.co/138581/dubai-reprimands-three-arrows-capital-founders-new-exchange-opnx
The newly-launched claims exchange OPNX has been operating on an unregulated basis, local authorities said.