Crypto service providers who fail to take “reasonable care” to comply with the requirements could be fined between 20,000 and 100,000 New Zealand dollars ($12,000 […]
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Category: Regulation News
Telegram CEO Pavel Durov’s arrest has worrying implications for crypto
Crypto community members fear that Durov’s arrest may lead to stricter controls on decentralized technology.
Elon Musk voices support for sweeping AI safety regulations
Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.”
Mark Zuckerberg says he ‘regrets’ bowing to COVID-19 censorship pressure
“I believe the government pressure was wrong, and I regret that we were not more outspoken about it,” said the Meta CEO in a letter.
PayPal’s PYUSD stablecoin hits $1B market cap
PYUSD is competing with rivals such as Circle’s USDC and Tether’s USDT.
Telegram CEO Pavel Durov arrested in France: Law Decoded
The Telegram founder’s unexpected arrest marks a significant development in the ongoing scrutiny of tech leaders amid growing legal challenges facing the crypto industry.
Cyberattacks target French government websites: Report
French authorities have come under fire from free speech activists and the crypto community after arresting Telegram founder Pavel Durov.
Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties […]
US authorities oppose ex-FTX exec’s motion to void plea deal
The US Attorney’s Office said Ryan Salame made a “demonstrably false” allegation by claiming prosecutors did not intend to continue investigating his partner, Michelle Bond.
French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities.