Search

Nalezeno "ai law": 4406

The fate of dollar-pegged stablecoins in question: Law Decoded, Feb. 13–20

20.2.2023
The United States Securities and Exchange Commission (SEC) ordered Paxos Trust to stop issuing Binance USD. That could affect the whole stablecoins ecosystem

Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

18.2.2023
Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed...

Brazilian Government Preparing New Decree to Clarify Cryptocurrency Rules

18.2.2023
The Brazilian government is preparing to release a decree to fill the blank spaces that the recent approval of the cryptocurrency law has left open. The document, prepared by the Ministry of Finance, will establish the areas of oversight and responsibilities for the Central Bank of Brazil and...

Binance Expects to Pay Fines to Settle With US Regulators for Past Conduct: Report

18.2.2023
Crypto exchange Binance expects to pay fines to U.S. authorities to settle regulatory and law-enforcement investigations over its past conduct, the company’s chief strategy officer reportedly said. When Binance began its business, the company was unfamiliar with the rules it needed to comply...

Bill Allows Russian Financial Platforms to Operate Blockchains, Issue Digital Assets

18.2.2023
A draft law filed in the Russian parliament permits operators of platforms providing financial services to also run blockchain platforms. The legislation will allow them to combine their regular activities in the traditional financial market with issuing digital assets. New Law Opens Door...

NBA Hall of Famer Paul Pierce Charged by SEC for Touting EMAX Tokens

17.2.2023
The U.S. Securities and Exchange Commission (SEC) has charged Basketball Hall of Famer Paul Pierce for touting EMAX tokens and making misleading comments about unregistered crypto securities. The former Boston Celtics small forward agreed to settle the charges and pay the SEC $1.409 million....

Federal judge hints at denying Sam Bankman-Fried any internet access as condition of bail: Report

16.2.2023
The judge reportedly did not expand SBF’s bail conditions to include restrictions on the internet or VPNs, but asked his lawyers to pay for a consultant to explore the matter

Ex-Stanford dean says SBF’s parents helped his family battle cancer

16.2.2023
One of the previously undisclosed guarantors of Sam Bankman-Fried’s bond told Cointelegraph why he helped out the former FTX CEO

El Salvador Considers Opening Second Bitcoin Embassy in Texas to Boost Economic Exchange

15.2.2023
On Feb. 14, 2023, Milena Mayorga, the Salvadoran ambassador to the United States, announced that her country is considering opening a second bitcoin embassy in the Lone Star State. Mayorga said that Texas is “our new ally” and the goal is to expand “commercial and economic...

EU Banks Told By Regulator to Apply Bitcoin Caps Even Before They Become Law

15.2.2023
The European Central Bank, which supervises big euro area lenders, said crypto should be treated as a risky asset

UK Law Enforcement and Regulators Join Forces to Dismantle Illegal Crypto ATMs

15.2.2023
UK authorities have raided several properties around Leeds suspected of hosting illegally operated cryptocurrency automatic teller machines (ATMs). The UK’s Financial Conduct Authority (FCA), as well as West Yorkshire Police’s Digital Intelligence Unit, were involved in the raids, which...

UK Police Raid Crypto ATM Sites — Regulator Says No Crypto ATMs Have Been Approved

15.2.2023
Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registration,” the British financial regulator stressed, adding that it is “working with...

Binance CEO: crypto industry will probably move to non-dollar stablecoins

14.2.2023
The Binance CEO claimed that algorithmic USD stablecoins may become more popular as well, although they “have risks.”

US lawmakers and experts debate SEC's role in crypto regulation

14.2.2023
Senator Tim Scott questioned whether the SEC had been "asleep at the wheel" amid major bankruptcies in the crypto space causing the loss of millions in user funds

Sam Bankman-Fried's use of a VPN on Super Bowl Sunday 'raised concerns', say prosecutors

14.2.2023
Lawyers representing the former FTX CEO and U.S. prosecutors requested until Feb. 17 to discuss the impact using a VPN could have on Bankman-Fried's bail conditions

Today in Crypto: UK Goes After Unregistered Crypto ATM Operators, S. Korea Watching the Ripple-SEC Battle, Silvergate Execs Investigated by Law Firm, Bitget to Collaborate on CBDCs

14.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: UK Goes After Unregistered Crypto ATM Operators, S. Korea Watching the Ripple-SEC Battle, Silvergate Execs...