The BWA’s initiatives highlight an increasing awareness of the importance of cybersecurity in preserving trust and integrity in digital finance.
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Category: Regulation News
EU AI Act comes into effect — Here’s what to expect
The European Union’s AI Act takes effect on Aug. 1, introducing significant regulations for artificial intelligence through phased implementation and key compliance obligations.
OpenAI backs Senate bills to advance AI safety and accessibility
OpenAI’s support for these bills highlights a broader vision for AI that balances safety, accessibility, and the potential for educational progress.
China’s crypto ban fails to stop scams as Shaanxi police arrest 4 suspects
Mainland China quickly and effectively addresses crypto fraud incidents despite banning crypto transactions a few years ago.
Wisconsin unveils tracker to fight crypto fraud and investment scams
The Wisconsin Department of Financial Institutions aims to protect investors from crypto and investment fraud with a new scam tracker based on consumer complaints.
England’s Law Commission proposes new property category for crypto assets
The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets.
SEC likely still believes SOL is a security, say crypto execs
Many crypto observers may be “overreading” the security regulator’s latest filing for its Binance lawsuit, meaning Solana and other tokens may not be off the […]
Judge grants ex-FTX exec’s request to postpone reporting to prison
Ryan Salame will have an additional 45 days of freedom after his lawyers said there were medical complications due to a dog bite.
SEC Charges BitClout founder Nader Al-Naji with fraud
The Securities and Exchange Commission claimed the BitClout founder spent $7 million on personal luxury goods and gifts to family members.
Bank of England to experiment with wholesale CBDC, synchronization
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC.