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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On Aug. 9, 2023, local reports revealed that the Association of Bureaux De Change Operators of Nigeria (ABCON), responsible for formulating regulatory frameworks for naira-dollar exchange, wants Binance banned. Nigeria taking action ABCON asserted that Binance’s activities contribute to the
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“This order resolves yet another action against an individual and digital asset exchange illegally offering futures contracts to U.S. customers,” said Ian McGinley, the CFTC’s enforcement director, in a statement. He noted the court also found that Todd had “attempted to manipulate Digitex’s native utility token, DGTX, by allegedly ‘pumping’
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“As the jury expressly found, Rothschild, a self-described ‘marketing strategist,’ purposely sought (with some success) to confuse consumers into believing that his non-fungible tokens (‘NFTs'), labeled ‘MetaBirkins…’ were affiliated with Hermès’ iconic ‘Birkin’ trademarks,” Judge Rakoff wrote in a filing on Friday. Original Source
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The U.K.’s strict crypto financial promotions rules will come into effect on Oct. 8, according to a report the FCA published on Thursday. Under these rules, crypto will be categorized as a “restricted mass market investment,” and will require adverts on crypto to have clear risk warnings. What’s more, incentives
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The Australian government has announced a sudden eight-week consultation that will seek to understand whether any “high-risk” artificial intelligence tools should be banned.Other regions, including the United States, the European Union and China, have also launched measures to understand and potentially mitigate risks associated with rapid AI development in recent
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NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies. Original Source
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Samsung is the latest entity to take a stance against emerging generative artificial intelligence (AI) tools as they rapidly infiltrate major global industries.According to a Bloomberg report on May 2, the company will ban the use of generative AI tools like ChatGPT among its employees. This new policy comes after Samsung
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The story of FTX founder Sam Bankman-Fried continues to unfold as lawyers and the court continue to argue about SBF’s bail conditions.SBF lawyers have reportedly reached a new bail agreement with the United States prosecutors, allowing him to stay at home while restricting the use of some electronic devices and
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Indian authorities once again demonstrated their tough stance on cryptocurrencies with a preemptive ban on crypto advertising and sponsorships in the local women’s cricket league. As reported by Planet Sport on Feb. 14, the Board of Control for Cricket in India (BCCI) sent a 68-page advisory to the Women’s Premier League
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News television channel Fox said Monday that it barred cryptocurrency commercials in this year’s Super Bowl on February 12th following the collapse of crypto exchange FTX, the New York Post reported earlier. Source
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