Altman appeared alongside NYU professor Gary Marcus and IBM’s chief of trust Christina Montgomery to discuss how the U.S. government should regulate the AI industry.
Category: Ethereum News
Secret Service owns crypto, loves blockchain and has an NFT collection: Reddit AMA
In a crypto-themed AMA session on Reddit on May 15, the U.S. Secret Service answered a wide range of questions and revealed their little-known NFT […]
Updated European tax directive requires reporting on all crypto asset transfers
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules.
Crypto community responds to US democrats backing SEC’s crypto authority
One community member expressed their decision to part ways with the party, arguing that the Democratic Party is playing god with the “future of American […]
BlockFi used customer money to buy $30M insurance, creditors claim
BlockFi said selling its cryptocurrency lending platform might not generate value for creditors.
EU finance ministers approve MiCA crypto regulation
European Union finance ministers vote unanimously to adopt the bloc’s Markets in Crypto-Assets regulation.
Crypto bank run in 2022 catalyzed by institutional withdrawals: Research
The research suggests that the lack of insurance for depositors on these crypto platforms induced fear among retail and institutional clients leading to heavy withdrawals […]
Signature Bank failed to understand risks associated with crypto: FDIC chair
A related report by the FDIC chief risk officer cited poor management as “the root cause of Signature Bank’s failure.”
SEC seeks denial of Coinbase petition for imminent crypto rules
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC’s response, asserting that they will happily continue overseeing the sector via regulation as […]
SEC chair Gensler claps back at Coinbase, says crypto rules already exist
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has […]