The bill will classify the risk of AI tools and force developers of generative-AI applications to disclose the use of any copyrighted materials.
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Month: April 2023
Revolut taps Koinly for automated cryptocurrency tax reports
Digital bank Revolut has partnered with Koinly to integrate cryptocurrency tax report services for users.
European bankers on digital euro: ‘ECB has no interest in users’ personal data’
While anonymity still stands as the core issue of European CBDC, the inevitable competition with private banks also raises questions.
Bitcoin sell-off next? Binance BTC balance shoots up $1.5B in one month
Binance is up over 50,000 BTC in a month, in sharp contrast to other major exchanges, while data suggests the market is going short BTC […]
Analysts at odds over Fed, US debt ceiling impact on Bitcoin price
A political deadlock over the U.S. debt ceiling and its potential impact on the price of Bitcoin, which is already up 75% in 2023.
KuCoin confirms an exchange user is behind alleged daily rug pulls
A community member identified a wallet address that allegedly launched several memecoin rug pulls daily for almost two years.
UK Treasury seeks input on taxing DeFi staking and lending
The proposed regulatory changes seek to simplify how DeFi returns are taxed and reduce the “administrative burden” for taxpayers.
Ex-CFO that stole $5M to trade crypto and ‘meme stocks’ gets 3 years prison
Cooper Morgenthau embezzled $5 million from three different companies and lost almost all of it trading cryptocurrencies and “meme stocks.”
CTFC wins record $3.4B penalty payment in Bitcoin-related fraud case
The CFTC said it’s the largest fraudulent Bitcoin scheme charged in any of its cases and the “highest civil monetary penalty ordered in a CFTC […]
SEC’s Gary Gensler takes another swipe at crypto in educational video
The SEC boss reiterated that “the law is clear” on cryptocurrencies being securities, while others highlighted the lack of regulatory clarity in the U.S.