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Regulation
China to build giant AI chip factory to bypass US sanctions: Report
China is looking to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local industry, according to a report from the South China Morning Post (SCMP). Using…
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Coinbase secures registration with the Bank of Spain
Coinbase’s registration with the Bank of Spain marks a significant stride in its mission to provide secure and compliant…
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Coinbase CEO warns against AI regulation, calls for decentralization
Brian Armstrong, the CEO of crypto exchange Coinbase, expressed his stance on artificial intelligence (AI) regulation in a recent post on the social media platform X (formerly Twitter). On Sept. 23, Armstrong explained that he believes…
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Binance could delist multiple stablecoins as MiCA takes effect next year
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Binance to delist multiple stablecoins
A Binance executive has warned that the cryptocurrency exchange…
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Binance plans to delist stablecoins in Europe, citing MiCA compliance
An executive at cryptocurrency exchange Binance said in a public hearing with the European Banking Authority (EBA) that it plans to delist stablecoins for the European market by June 2024. Marina Parthuisot, head of legal at Binance…
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New UK bill to seize stolen crypto reach final approval stage
Key takeaways
The UK government could seize stolen cryptocurrencies
A bill that seeks to expand the ability of UK…
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Latvia central bank opens to fintech with ‘Innovation Hub’
Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate them. While some countries like the United States and El Salvador have had a public relationship with…
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Japan’s to allow startups raise funds using crypto
Japan eyes support for crypto startups in new regulation on startup financing.
According to reports, the new rules means…
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US lawmakers advance legislation blocking the digital dollar
The United States House Financial Services Committee is moving forward with legislation aimed at preventing the issuance of a central bank digital currency. According to an announcement from chairman Patrick McHenry, the Committee will…
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Hong Kong warns that crypto firms are not “banks”
Hong Kong warns crypto firms against using the word “bank”
The Hong Kong Monetary Authority (HKMA) says only licensed…
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