Cryptocurrency Analysis and News Portal
Poland’s Personal Data Protection Office (UODO) has opened an investigation into a complaint against OpenAI’s ChatGPT, with an unnamed applicant accusing the firm of processing data in an “unlawful, unreliable manner.“In a statement on Sept. 20, Jan Nowak, president of the data protection office, said this was not the first time
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The SEC has been warning public companies that if they have a stake in the industry's recent crypto contagion, they'd better tell investors, as Cryptox previously reported. The SEC asked if companies face any risks to their businesses “due to excessive redemptions, withdrawals or a suspension of redemptions or withdrawals,
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According to a Bloomberg report published on Dec. 27, the U.S. Department of Justice has launched an investigation into the whereabouts of approximately $372 million in missing digital assets from now-defunct cryptocurrency exchange FTX and FTX US. On Nov. 12, amidst bankruptcy and internal collapse, FTX warned customers of abnormal
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The Financial Industry Regulatory Authority (FINRA), the American self-regulatory organization, has launched an examination into the firm’s retail communications concerning crypto products and services offered by them.The regulatory body, in an official notice, announced that it is launching a targeted exam on firms on how they handled retail communications between July 1
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The Singapore-based Three Arrows filed for bankruptcy in July, saying its business had “collapsed in the wake of extreme fluctuations in cryptocurrency markets.” In particular, the hedge fund suffered huge losses stemming from the collapse of the TerraUSD algorithmic stablecoin in May. At the end of June, the Monetary Authority
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"It’s well-known that policymakers and regulators have sought to learn more about the novel world of Web3. We hope to partner with the rest of the industry and regulators to define and shape the burgeoning ecosystem. As a leader in the space, Yuga is committed to fully cooperating with any
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The U.S. Securities and Exchange Commission (SEC) is reportedly probing crypto exchange Coinbase, a publicly-traded company it oversees, on suspicion it allowed U.S. persons to trade unregistered securities. Original Source
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At issue is whether certain tokens should be considered securities and thus regulated. Original Source
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