Regulation Archives - Page 113 of 177

‘Pro crypto bill’ passes out of US House Agriculture Committee

July 27, 2023 anon

[ad_1] Tact was pervasive in the United States House of Representatives Agricultural Committee’s consideration of the Financial Innovation and Technology for the 21st Century Act on July 27. With many references to bipartisanship and self-congratulatory

Stablecoins pose lower risk than bank deposits, says ex-Fed policy analyst

July 27, 2023 anon

[ad_1] Stablecoins cannot be compared to bank deposits in terms of risk, argues a new policy paper authored by former Federal Reserve Board analyst Brendan Malone on behalf of technology investment firm Paradigm. The document explores the

Rep. Patrick McHenry blames White House for lack of urgency on stablecoin bill negotiations

July 27, 2023 anon

[ad_1] United States House Financial Services Committee chair Patrick McHenry has pointed a finger at the Biden administration for the lack of bipartisan agreement on a stablecoin bill. In a July 27 hearing, Rep. McHenry

Nexo joins sanctions association as regulatory scrutiny increases

July 27, 2023 anon

[ad_1] As regulatory scrutiny continues to circle the wider Web3 ecosystem, cryptocurrency lending platform Nexo will look to leverage training resources, connections and data by joining the association of certified sanctions specialists (ACSS). The association

Block.one ICO damages ‘far beyond’ $22M, ENF founder says

July 27, 2023 anon

[ad_1] The latest legal action against Block.one (B1), the creator and original seller of EOS (EOS), could potentially help plaintiffs get higher compensation, according to EOS Network Foundation (ENF) founder and CEO Yves La Rose.

German political parties split on how to regulate increasing AI adoption

July 27, 2023 anon

[ad_1] In April 2021, the European Commission presented its proposal for harmonized rules on artificial intelligence (AI), dubbed the Artificial Intelligence Act (AI Act). After the Council of the European Union and the European Parliament

Hong Kong and Saudi Arabia collaborate on tokens and payments

July 27, 2023 anon

[ad_1] Hong Kong is expanding its financial collaboration with the Kingdom of Saudi Arabia, targeting agreements related to tokenization and payments infrastructure. The Saudi Central Bank (SAMA) and the Hong Kong Monetary Authority (HKMA) on

Urge reps to vote ‘yes’ on crypto regulatory clarity bills

July 27, 2023 anon

[ad_1] Coinbase CEO Brian Armstrong has urged United States citizens to take action and email their representatives to vote “yes” on the Financial Innovation and Technology for the 21 Century Act (FIT21), which may provide

Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack

July 27, 2023 anon

[ad_1] Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3 million on July 22. “We

Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report

July 26, 2023 anon

[ad_1] A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as “SBF,” will reportedly consider revoking the former FTX CEO’s $250 million bail based on allegations of intimidation against Caroline Ellison. In