On July 26, six pieces of legislation were being considered by the House Financial Services Committee including ones on regulatory clarity and consumer protection in […]
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Month: July 2023
Canada proposes new capital rules for crypto holdings
The Office of the Superintendent of Financial Institutions (OSFI) is opening public consultations on two draft guidelines updating its capital and liquidity approach to crypto […]
SEC files charges against Quantstamp for $28M initial coin offering
Quantstamp has agreed to settle charges and will repay proceeds from its 2017 ICO that raised $28 million.
SEC appeal could amplify Ripple win, says Ripple Labs legal chief
Stuart Alderoty says that an appeal by the Securities and Exchange Commission could see Ripple consolidate its victory over the regulator even further.
UK crime agency scouts for seasoned crypto investigators
The ideal candidate to join the National Crime Agency will be an existing member of the police staff who is a certified, accredited financial investigator.
Existential threat? Why some banks are anxious about CBDCs
The prospect of a retail CBDC has some major banks anxious over their revenue streams.
Meta Platforms fined $14 million for Onavo privacy issues: Report
The decision in an Australian court was driven by increasing concerns about illicit activities in the crypto market and the desire to safeguard investors.
South Korea strengthens crypto regulation with LEI adoption and crime unit
The decision was driven by the country’s concern over illicit activities in the crypto market and the desire to safeguard investors.
Google, OpenAI, Microsoft form ‘Frontier Model Forum’ to regulate AI development
The Big Tech giants came together to form the Frontier Model Forum in a joint effort to focus on “safe and responsible” development of frontier […]
Experts want to give AI human ‘souls’ so they don’t kill us all
Some experts believe the alignment problem can be fixed by making AI more human — but others say that will just make things much worse.