This week’s Crypto Biz explores the fast-growing AI market, MicroStrategy’s integration with Bitcoin Lightning Network, and Microsoft’s efforts to power AI development.
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Category: Regulation News
Lack of regulatory clarity on payment solutions could undermine US sanctions, says expert
Anja Manuel said U.S. sanctions generally work with “responsible” blockchain firms but not when there are fintech solutions available to individuals looking to circumvent them.
Crypto exchange Roqqu receives South African approval to expand operations
Nigerian crypto exchange Roqqu has received the green light to operate in South Africa, providing on and off-ramps to South Africa’s rand currency.
The future of crypto taxes: Understanding the ever-changing landscape
Crypto taxation remains to be a controversial space, though some transparency is expected.
Ukraine plans to adopt EU’s new cryptocurrency regulations
Immediately after passing the European Parliament, Ukrainian authorities announced plans to adopt the EU’s MiCA regulations on crypto assets.
‘Proof of Reserve’ bill passes in Texas House of Representatives
Digital asset providers would be restricted from comingling customer funds with any other type of operational capital.
SEC’s ‘brute force’ crypto regulation attempt is ‘bad policy’ — Paradigm
The venture capital firm pointed out the fundamental differences between crypto assets and securities.
Crypto firms alleged to have faked execs using AI and actors: Cali regulator
The regulator is cracking down on high-yield investment products saying the programs raise hype with the promise of high returns before going dark.
Fireblocks VP: Big names won’t go back after discovering crypto payments’ potential
Ran Goldi, the vice president of payments at Fireblocks, believes that affordability and speed will keep big brands that have implemented crypto payments in the […]
‘BitBoy Crypto’ intentionally misses court appearance to address alleged harassment
YouTuber and Crypto Twitter personality Ben Armstrong openly mocked a federal judge’s authority, tweeting pictures of himself on a beach during an ordered court appearance.