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Regulation
US vice president gathers top tech CEOs to discuss dangers of AI
The United States vice president and President Biden’s top advisors have held a meeting with several AI industry CEOs to discuss “concerns about the risks associated with AI.”On May 4, U.S. vice president Kamala Harris was joined by nine…
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UK could roll out crypto regulation within a year, says senior minister
Key takeaways
Andrew Griffith has estimated that the UK could roll out its crypto regulation within a year.
He…
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US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion – Regulation…
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered Steynberg to pay a civil monetary…
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Industry heavyweights respond to UK’s crypto asset regulatory framework proposal
The deadline has come for comments on a consultation paper and call for evidence released by the United Kingdom’s HM Treasury on a proposed crypto asset regulatory framework. The long-awaited paper, published in February, drew detailed…
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Coinbase sues SEC, Ark Invest buys $8.6m in Coinbase stock
Key takeaways
Crypto exchange Coinbase has filed a lawsuit against the Securities and Exchange Commission (SEC).…
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Brazil Bans Telegram Temporarily Due to Alleged Lack of Collaboration in Fight Against School…
A federal judge in Brazil has ordered the temporary suspension of Telegram in the country and established hefty fines due to the supposed lack of collaboration of the company in a national crusade against school violence. Telegram…
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Congressman McHenry announces hearings to address market structure around crypto
Patrick McHenry, the Chairman of the House Financial Services Committee, has announced a series of joint hearings in May that will focus on addressing the market structure around digital assets in the U.S.The move was revealed via a…
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Hong Kong to release cryptocurrency framework next month
Hong Kong’s new cryptocurrency licensing framework is expected in May.
The Securities and Futures Commission (SFC) chief…
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Crypto Has Evolved From Being Seen as an ‘Anti-Establishment Rebellion Asset’ Says FCA…
From being seen as a small “anti-establishment rebellion asset” more than ten years ago, crypto has grown to “become more widespread,” says Sarah Pritchard, an executive director at the United Kingdom’s Financial Conduct Authority…
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UK financial watchdog to crypto industry: ‘Let’s work together’
The United Kingdom's financial regulator, the Financial Conduct Authority (FCA), wants to work together with crypto companies to develop a regulatory framework for the industry.On April 25, FCA Executive Director Sarah Pritchard spoke at…
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