Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology.
Category: Regulation News
Singapore central bank releases regulatory framework for stablecoins
The framework outlines requirements for stablecoin issuers to meet to be deemed as regulated by the Monetary Authority of Singapore.
Caroline Ellison’s list of ‘Things Sam Is Freaking Out About’ could be used in trial
The prosecution intends to use Caroline Ellison’s personal memos alongside a trove of other evidence against Sam Bankman-Fried at his criminal trial.
US lawmakers press SEC and FINRA on Prometheum’s broker-dealer approval
Members of the House Financial Services Committee questioned the “timing and circumstances” of FINRA approving Prometheum’s special purpose broker-dealer license in May.
Coinbase political initiative features US lawmaker who admitted to ethics violations
Rep. David Schweikert, featured as a lawmaker “very supportive” of crypto in the United States, paid $175,000 as part of a settlement related to violations […]
China’s new AI regulations begin to take effect
The Chinese has government loosened its original guidelines for AI it released in April and scheduled them to take effect starting on Aug. 15.
Mining service provider faces $100M lawsuit over pyramid scheme allegations in China
Prosecutors alleged that the executives of a Filecoin mining project orchestrated an elaborate pyramid scheme and scammed the participants.
SEC delays set deadline for Bitcoin ETF approval to early 2024
With a maximum 240-day window available to the SEC to delay crypto ETF applications, some firms could wait until March 2024 to hear decisions on […]
Singapore central bank says three business days is ‘timely transfer’ for stablecoins
Redemptions of MAS-regulated single-currency stablecoins will have a longer grace period of five business days despite some arguing that it should be done in real […]
Binance seeks protective order against SEC’s ‘fishing expedition’
The exchange claims the SEC’s deposition and discovery requests are outside the scope of the regulators lawsuit it filed against Binance.