The letter is a reminder, but a highly specific one that is reminiscent of the SEC’s recent custody rule proposal in part.
Category: Regulation News
AI experts sign doc comparing risk of ‘extinction from AI’ to pandemics, nuclear war
The “Godfather of AI” and the CEOs of OpenAI, Google DeepMind and Anthropic are among the hundreds of signatories.
US district judge sends matter of FTX independent examiner to appellate court
A bankruptcy judge denied a motion for an independent examiner in February, leading to an appeal that may now go to the U.S. Court of […]
What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.
BitFlyer adopts crypto deposit limits to comply with Travel Rule
While adopting restrictions on transactions between exchanges, bitFlyer still supports transactions to and from self-custody wallets like MetaMask.
What is fair use? US Supreme Court weighs in on AI’s copyright dilemma
Many firms with generative AI models are being sued for copyright infringement, and the Supreme Court may have just ruined their primary legal defense.
Crypto firms jockey for Hong Kong licenses ahead of June 1 retail opening
Hong Kong’s retail trading regime is days away from going live and crypto exchanges are keen to make entry into the region.
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners.
From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29
Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1.
Texas legislative session winds down with crypto bills still in limbo
State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms’ usage of flare gas, both awaiting Texas Gov. Greg Abbott’s approval or veto as […]