China may have banned the use of cryptocurrencies, but stablecoins might have a role to play in the proliferation of its national currency.
Category: Regulation News
‘Extended reality’ to create 860K jobs by 2025: EU Commission
The European Commission has laid out its plans for becoming a “world leader” in Web 4.0 and the Metaverse.
Cboe refiles 5 Bitcoin ETFs to include Coinbase surveillance agreements
The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors.
US Senate Finance Committee asks digital asset community how to tax it in open letter
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so.
Grayscale resolves lawsuit with Fir Tree over proposed changes to Bitcoin Trust
Fir Tree hinted at potential additional litigation against Grayscale and parent company Digital Currency Group based on what its GBTC documentation may reveal.
UK Treasury plans to exclude derivatives and ‘unbacked’ tokens from regulatory sandbox
“Until there is more certainty in these frameworks, we are intending to utilise existing regulatory initiatives to develop policy and regulation for this asset class,” […]
US authorities are investigating former FTX exec for potential campaign finance violations: Report
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own […]
US senators to have classified AI briefing at the White House
U.S. senators will take part in the country’s first-ever classified Senate briefing on AI, which will place in conjunction with the Department of Defense and […]
Report: China to tighten rules around releasing generative AI tools
Sources close to Chinese officials say the draft rules for AI developers have been updated to include acquiring a license before releasing generative AI systems.
Crypto custody market reached $448 billion in 2022: Report
Researchers cite a rise of interest in crypto staking and nonfungible tokens as the major developments for the custody market.