It is expected to be a guide in managing both the potential benefits and risks associated with AI technology.
Category: Ethereum News
Turkish crypto exchange Thodex CEO gets 11,000-year sentence for $2B scam: Report
The Thodex founder fled the country in 2021 only to be detained in Albania in August 2022 and extradited to Turkey in April 2023.
SEC urges court to grant Ripple Labs appeal citing ‘knotty legal problems’
The SEC highlighted contradictory conclusions from similar cases, along with other pending decisions as some of the contentious legal issues.
Blockchain Association responds to US lawmakers’ request for crypto tax guidance
Lawmakers with the U.S. Senate Financial Services Committee announced in July they would be accepting suggestions on how to tax crypto until Sept. 8.
Fed Vice Chair Barr gives update on CBDC research, plugs stablecoin legislation
Michael Barr expressed “strong concern” about stablecoins and appreciation of legislative efforts to address them at the Philadelphia Fed’s fintech event.
CFTC fines Mirror Trading $1.7B for Bitcoin-related forex fraud
The CFTC has brought or resolved ten fraud cases involving digital assets or forex since June 2023, Commissioner Kristin Johnson said.
DeFi enforcement sparks dissenting opinion from CFTC commissioner
The commissioner advocated public and stakeholder engagement through rulemaking, not just enforcement.
Stake hack of $41M was performed by North Korean group: FBI
After investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group.
Singapore regulatory sandbox lacks qualified crypto payment providers
The MAS has said that rising malware scam cases in Singapore have nothing to do with cryptocurrencies. On the contrary, it claimed, such scams are […]
Aussie fintech prays for crypto clarity as it launches Bitcoin-backed loans
Block Earner has unveiled a new crypto-backed loan product for the Australian market, amid an ongoing tussle with a federal regulator over its shuttered Earn […]