Regulation Financial News

02.09 / 19:49

Ripple regulation Ripple vs. SEC Ripple Objects to SEC's Appeal of Ruling on Crypto as Non-Security

Ripple Labs has objected to the Securities and Exchange Commission's (SEC) request to appeal a federal judge's ruling that the XRP token is not a security when sold to the public.

02.09 / 07:49

Technology Law regulation MPs UK MPs call for global alliance to tackle AI misuse

A group of influential members of parliament (MP) suggests that the UK collaborate with its democratic allies to address artificial intelligence (AI)'s potential misuse, emphasizing London's aim to be a key player in advancing this emerging technology.

01.09 / 22:35

Ripple XRP regulation SEC Court Ripple legal team opposes SEC appeal over XRP decision

Lawyers representing Ripple in its lawsuit with the United States Securities and Exchange Commission (SEC) have suggested the regulator hasn’t met the requirements to request an appeal.

01.09 / 19:07

Government regulation Taxes Kentucky regulator denies plan for subsidizing crypto mining facility

The Public Service Commission of the state of Kentucky has denied a proposed contract that would have allowed a mining firm to receive a discounted rate on electricity provided by the power company.

01.09 / 17:17

Government ETF regulation Investments SEC spot bitcoin Bitcoin ETF approval ETF approval Former SEC chair says spot Bitcoin ETF approval is 'inevitable' despite delays

Following the United States Securities and Exchange Commission (SEC) delaying decisions on several spot Bitcoin exchange-traded funds, former commission chair Jay Clayton said he believed approval was still going to happen at some point.

01.09 / 16:53

Adoption regulation Africa Podcast Hashing It Out Crypto users Onboarding crypto users in Africa vs. the West — Fonbnk founder Christian Duffus explains

The African continent is considered a significant market for crypto adoption due to its youthful population, flawed economic management by governments, and inadequate financial infrastructure for internal and global connectivity.

01.09 / 14:25

regulation us government NVIDIA Middle east US regulators US regulators deny blocking AI chip exports to Middle East

The United States Department of Commerce said on Aug. 31 that the Biden administration has “not blocked chip sales to the Middle East,” according to a report from Reuters.

01.09 / 11:31

Law regulation FTX Court Bitcoin FTX founder’s expert witnesses would cost up to $1.2K an hour

As the start date of the trial of FTX co-founder Sam Bankman-Fried (SBF) approaches, new court filings indicate that SBF could pay his expert witnesses more than $1000 an hour should they testify on his behalf.

01.09 / 11:31

regulation Bitcoin Regulation Bitcoin Virtual assets China court declares virtual assets as legal properties protected by law: Report

People’s courts in China exercise judicial power independently and are not subject to interference by an administrative or public organization. These courts try criminal, civil, administrative, and cases that involve economic disputes.

01.09 / 09:03

Blockchain regulation SEC coinbase Coinbase vs SEC: New attorney Patrick V. Kennedy joins fight

The crypto community, digital asset organizations and lawmakers have voiced their backing for the Coinbase vs. United States Securities Exchange Commission lawsuit's dismissal. In a recent update, a fresh attorney, Patrick V. Kennedy, has entered the fray, seeking court approval to represent the Chamber of Digital Commerce as amicus counsel.

01.09 / 07:45

ETF regulation SEC Bitcoin Bitwise withdraws Bitcoin and Ethereum market cap ETF application

In an unexpected turn of events, Bitwise has submitted a request to retract its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) on Aug. 3.

01.09 / 06:57

Adoption regulation SEC Bitcoin analysts Bitcoin heads for red September, but analysts tip October as ‘days to watch’

Bitcoin investors may be in for a rollercoaster ride. While history shows September is typically a bumpy month for Bitcoin, two ETF analysts have suggested investors turn their gaze to mid-October as the next “major days to watch.”

01.09 / 03:17

business Adoption Binance regulation Commonwealth Bank of Australia Binance Australia GM ‘really confident’ regulators will side with crypto

Binance Australia General Manager Ben Rose says he’s “really confident” that Australian regulators will eventually make the right choices when it comes to laws that govern digital assets in the country.

01.09 / 00:55

Blockchain Adoption regulation Money laundering United Nations Counter Terrorism Financing crypto transfers UK's Travel Rule comes into effect, could halt certain crypto transfers

Cryptoasset businesses in the United Kingdom could now begin withholding certain crypto transfers to comply with the new Travel Rule for crypto that came into effect on Sept. 1.

31.08 / 19:57

regulation Donations Elections Hurricane Hurricane Idalia delays Ron DeSantis’ reported plans to accept crypto campaign donations

Florida Gov. Ron DeSantis canceled a campaign event in which he was reportedly planning to announce the acceptance of cryptocurrency contributions toward his 2024 presidential run.

31.08 / 19:57

Adoption regulation SEC Bitcoin Regulation Bitcoin spot bitcoin valkyrie SEC delays decision on spot Bitcoin ETF applications from WisdomTree, Invesco, and Valkyrie

The United States Securities and Exchange Commission (SEC) has postponed its decisions on 3 applications for spot Bitcoin (BTC) exchange-traded funds, or ETFs.

31.08 / 13:27

regulation us government US officials extend export curbs on Nvidia AI chip to ‘some Middle Eastern countries’

Regulators in the United States have asked Nvidia to curb exports of artificial intelligence (AI) chips to “some Middle East countries,” according to its latest quarterly report.

31.08 / 12:45

regulation Financial Services Anti-money laundering Switzerland eyes stricter anti-money laundering rules

'The reform should contribute significantly to protecting the financial centre from funds of criminal origin, and to strengthening Switzerland as a business location.'

31.08 / 11:07

business regulation Baidu ChatGPT OpenAI China’s Baidu and other tech companies release ChatGPT-like AI chatbots

Four China-based tech companies launched their own artificial intelligence (AI) chatbots on Aug. 30 for public use after receiving approval from the Chinese government.

31.08 / 11:07

regulation Bitcoin Scams Bitcoin Crypto scams Scammer Breaking victim ‘trust’ in scammer is key to beat crypto scams, exchanges say

Cryptocurrency exchanges in Australia have been increasingly communicating with their users as part of preventative measures against scams. According to local crypto firms, such communication is the key to preventing scams as it is able to “break trust” between victims and scammers.

31.08 / 07:57

regulation companies Financial Services Wealth managers financial conduct authority FCA Asset Managers wholesale NOT FCA provisionally opts not to involve CMA in wholesale data market review

The FCA argued it is the more appropriate body to remedy the issues of the wholesale data market

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