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Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors

FTX, Sam Bankman-Fried, United States /

Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors 02/11/2023 at 00:02 By Cointelegraph By Ana Paula Pereira The prosecution is delivering its closing arguments at the Southern District Court of New York, where Sam Bankman-Fried’s trial has been taking place since Oct. 3. This article is an excerpt from Cointelegraph.com […]

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‘That’s fraud,’ prosecutors say in closing arguments at Sam Bankman-Fried trial

FTX, Sam Bankman-Fried, United States /

‘That’s fraud,’ prosecutors say in closing arguments at Sam Bankman-Fried trial 01/11/2023 at 19:03 By Cointelegraph By Ana Paula Pereira The U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF is guilty of fraud and conspiracy to commit fraud. This article is an excerpt from Cointelegraph.com

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UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk

China, Elon Musk, UK Government, United Kingdom, United States, US Government /

UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk 01/11/2023 at 18:02 By Cointelegraph By Savannah Fortis The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety and comments from Elon Musk.

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GAO finds controversial SEC guidance is subject to congressional oversight

Asset Management, Coinbase, Congress, Digital Asset, legislation, PayPal, SEC, United States /

GAO finds controversial SEC guidance is subject to congressional oversight 01/11/2023 at 01:05 By Cointelegraph By Derek Andersen The SEC’s Staff Accounting Bulletin 121 has been the target of much criticism in the crypto community. This article is an excerpt from Cointelegraph.com News View Original Source

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Crypto startup Bastion secures money transmitter licenses in US

Andreessen Horowitz, United States, Web3 /

Crypto startup Bastion secures money transmitter licenses in US 31/10/2023 at 16:05 By Cointelegraph By Helen Partz Launched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in New Hampshire and Arkansas. This article is an excerpt from Cointelegraph.com News View Original Source

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TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content

Germany, Italy, Meta, Snapchat, South Korea, United Kingdom, United States /

TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content 31/10/2023 at 14:02 By Cointelegraph By Savannah Fortis Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content, such as explicit images of children. This article is an excerpt from Cointelegraph.com News View Original Source

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Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit

Do Kwon, fraud, lawsuit, SEC, securities, suit, Terraform, United States /

Do Kwon and Terraform Labs ask judge to toss SEC’s lawsuit 31/10/2023 at 06:02 By Cointelegraph By Jesse Coghlan Do Kwon, the co-founder now-collapsed Terraform ecosystem maintains he and his firm did not skirt U.S. securities laws. This article is an excerpt from Cointelegraph.com News View Original Source

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Biden administration releases executive order for new AI safety standards

Privacy, United States, US Government /

Biden administration releases executive order for new AI safety standards 30/10/2023 at 17:02 By Cointelegraph By Savannah Fortis The U.S. government’s executive order establishes six new standards for AI safety and security and its intentions for ethical AI usage within the government. This article is an excerpt from Cointelegraph.com News View Original Source

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G7 countries to launch AI code of conduct: Report

Canada, European Union, France, Germany, Japan, Technology, United Kingdom, United States /

G7 countries to launch AI code of conduct: Report 30/10/2023 at 15:02 By Cointelegraph By Savannah Fortis The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology. This article is an excerpt from Cointelegraph.com News View

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Ripple CEO criticizes former SEC Chair Jay Clayton’s comments

law, Ripple, SEC, United States, XRP /

Ripple CEO criticizes former SEC Chair Jay Clayton’s comments 29/10/2023 at 12:02 By Cointelegraph By Amaka Nwaokocha Clayton emphasized that regulatory agencies should introduce regulations and legal cases they believe will successfully withstand judicial scrutiny. This article is an excerpt from Cointelegraph.com News View Original Source

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Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’

Government, LBRY, regulation, SEC, United States /

Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’ 28/10/2023 at 01:02 By Cointelegraph By Turner Wright The SEC commissioner said the regulator’s actions “forced a group of entrepreneurs to abandon what they built,” with LBRY announcing in October it planned to wind down operations. This article is an excerpt from

Hester Peirce speaks out against LBRY enforcement action: ‘The market could have decided’ Read More »

Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether

Binance, Congress, regulation, terrorism, tether, United States /

Cynthia Lummis leads the charge calling for DOJ action against Binance and Tether 27/10/2023 at 02:02 By Cointelegraph By Turner Wright U.S. Senator Cynthia Lummis and Representative French Hill urged the Justice Department to take “swift action” against Binance and Tether over facilitating funds for Hamas. This article is an excerpt from Cointelegraph.com News View

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Gary Gensler teases details of SEC’s $5 billion take from enforcement actions, shades crypto

Cryptocurrencies, SEC, security, United States /

Gary Gensler teases details of SEC’s $5 billion take from enforcement actions, shades crypto 26/10/2023 at 16:02 By Cointelegraph By Prashant Jha Gensler revealed that the SEC took 780 enforcement actions, including 500 standalone cases, and distributed $930 million to harmed investors. This article is an excerpt from Cointelegraph.com News View Original Source

Gary Gensler teases details of SEC’s $5 billion take from enforcement actions, shades crypto Read More »

Hashdex sits down with SEC over spot Bitcoin ETF application

ETF, United States /

Hashdex sits down with SEC over spot Bitcoin ETF application 26/10/2023 at 02:02 By Cointelegraph By Ana Paula Pereira Asset manager Hashdex recently met with the U.S. SEC to address the regulator’s concerns over its application for a spot Bitcoin ETF. This article is an excerpt from Cointelegraph.com News View Original Source

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Pro-crypto lawmaker Tom Emmer ends hours-long speaker campaign: Report

Congress, Government, politics, regulation, United States /

Pro-crypto lawmaker Tom Emmer ends hours-long speaker campaign: Report 25/10/2023 at 01:04 By Cointelegraph By Turner Wright The Minnesota congressman was one of only a few crypto proponents in Congress being considered as a possible speaker of the House by Republican lawmakers. This article is an excerpt from Cointelegraph.com News View Original Source

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Binance and CZ renew calls to dismiss CFTC lawsuit

Binance, CFTC, Cryptocurrency Exchange, regulation, United States /

Binance and CZ renew calls to dismiss CFTC lawsuit 24/10/2023 at 20:03 By Cointelegraph By Turner Wright Lawyers representing the crypto exchange and its CEO claimed the CFTC was attempting to act as the “world’s derivatives police” in its lawsuit. This article is an excerpt from Cointelegraph.com News View Original Source

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Stablecoin market escaping US regulatory oversight: Chainalysis

dollar, North America, Stablecoin, United States /

Stablecoin market escaping US regulatory oversight: Chainalysis 24/10/2023 at 12:02 By Cointelegraph By Helen Partz Stablecoin activity has been increasingly occurring through entities that aren’t licensed in the United States, according to Chainalysis. This article is an excerpt from Cointelegraph.com News View Original Source

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Regulators around the globe assert more control over crypto: Law Decoded

ESMA, Europe, European Union, fincen, FTX, Hong Kong, United States /

Regulators around the globe assert more control over crypto: Law Decoded 23/10/2023 at 23:02 By Cointelegraph By David Attlee From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets. This article is an excerpt from Cointelegraph.com News View Original Source

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