Coinbase CEO Brian Armstrong staunchly opposes artificial intelligence (AI) regulation. In his perspective, regulating AI could stifle innovation. Armstrong attributes this sentiment to the historical success of the software and internet industries, which…
Brian Armstrong, the CEO of crypto exchange Coinbase, expressed his stance on artificial intelligence (AI) regulation in a recent post on the social media platform X (formerly Twitter). On Sept. 23, Armstrong explained…
Senator Bob Menendez of New Jersey, one of the most powerful figures in the Democratic Party, faces federal corruption charges implicating him a far-reaching bribery scheme. According to prosecutors’ 39-page indictment, Menendez used…
Dubai-headquartered cryptocurrency exchange Bybit has announced the suspension of services to the United Kingdom in response to pending rules from the country’s Financial Conduct Authority, or FCA. In a Sept. 22 announcement, Bybit…
Oregon’s Division of Financial Regulation (DFR) has partnered with several states in a settlement against crypto trading app Robinhood. The agreement entails a $10.2 million penalty, pinpointing Robinhood’s operational and technical lapses detrimental…
The Financial Conduct Authority (FCA), the United Kingdom’s financial markets regulator, has again expressed its concern over the lack of engagement on the part of crypto firms that will soon be subject to…
Today, the United States Financial Services Committee passed the first anti-CBDC (Central Bank Digital Currency) bill. The initiative echoes sentiments shared by many in Congress. This legislation, championed by Majority Whip Tom Emmer,…
A bill aimed at regulating certain internet services in the United Kingdom, including activities in the metaverse, has passed through Parliament and awaits King Charles’ approval to become law. In a Sept. 19…
Of all the investment scams and unregistered offerings that the Securities and Exchange Commission (SEC) pursues, few arouse as much vehemence as “affinity fraud” schemes that exploit the trust of members of a…
Joseph Bankman, the father of former FTX CEO Sam Bankman-Fried (SBF), complained to his son about the salary he was receiving during his employment at FTX US, turning the issue into a family…
The Securities and Exchange Commission (SEC) has upped the ante in its lawsuit against BAM Trading Services, which does business in the United States as Binance, with a court filing demanding the release…
Tom Emmer, majority whip of the United States House of Representatives and crypto proponent, says that digital assets have become a “sleeper issue” in U.S. politics, both at the state and federal levels….
Household savings in the United States are plummeting with another fall for the 23rd month in a row. With debts surging and disposable cash diminishing, less will be available for retail crypto investments. …
The total number of wallets interacting with Shiba Inu’s layer2 network, Shibarium, crossed the 1 million mark earlier today, less than a week after the mainnet bridge began functioning optimally. Before its August…
A group of influential members of parliament (MPs) in the United Kingdom have advised the government to collaborate with democratic allies to address the potential misuse of artificial intelligence (AI), emphasizing London’s aim…
Gary Gensler is not having the best 2023. The Securities and Exchange Commission (SEC) chair and his agency have taken some serious hits in the courts lately when it comes to crypto industry…