Cryptocurrency Analysis and News Portal
Google has been facing a wave of litigation recently as the implications of generative artificial intelligence (AI) on copyright and privacy rights become clearer.Amid the ever-intensifying debate, Google has not only defended its AI training practices but also pledged to shield users of its generative AI products from accusations of
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The agency cited three examples of “false and misleading representations,” including a mention on its website that the Provenance Blockchain’s HASH token on OKCoin had “received broad regulatory acceptance from the SEC, OCC, FED, and the FDIC” and a 2020 posting to the company’s website, where it advertised itself as
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United States officials want to remove a provision included in bankrupt lender Voyager Digital’s plan to sell its digital assets to crypto exchange Binance.US that would prevent them from legally pursuing anyone involved with the sale. In a motion filed on March 14 in a New York Bankruptcy Court, U.S. Trustee
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One promise on which President Yoon has been able to deliver, however, is the legalization of securities tokens, which are blockchain-based digital forms of traditional securities. On Jan. 19, FSC Chairman Kim Joo-Hyun announced that security token offerings (STO) had officially been legalized in South Korea. Source
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Privacy has been a big concern for the Ethereum ecosystem, given that transacting on the blockchain is public. There are already some privacy mechanisms. One notable example, Tornado Cash, has limits, Buterin noted, saying it can only hide “mainstream fungible assets such as ETH [ether] or major ERC-20s.” Source
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Kim Joo-hyun, the chairman of South Korea’s top financial regulator, the Financial Services Commission (FSC), said on Thursday the agency will promote blockchain technology and user protections in the crypto market.See related article: South Korea’s all-encompassing crypto law is coming — what we know so farFast facts“In cooperation with the
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Summary: The UK is looking to transform Britain into a crypto hub. However, the UK’s digital minister has issued caution as they want to have proper investor protections. The UK also wants to create measures to guarantee crypto will not be used for money laundering or circumventing global sanctions. The UK’s digital minister, Chris
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United States Securities and Exchange Commission (SEC) Chairman Gary Gensler said he’s worried that a proposed bill to create a regulatory framework for cryptocurrencies could weaken investor protections in the traditional financial market.Speaking at The Wall Street Journal’s CFO Network Summit on June 14 Gensler was asked his thoughts regarding
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"Frankly, if I can turn away from the legislation, we don't want to undermine the protections we have in a $100 trillion capital market. You don't want our current stock exchanges, our current mutual funds, our current public companies [to] sort of inadvertently by a stroke of a pen say
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South Korea’s newly-elected president Yoon Seok-yeol announced Tuesday he would push to defer taxation on crypto investment gains at least until a new set of regulations called the Digital Asset Basic Act is enacted.South Korea’s crypto tax was initially set to come into effect for the 2022 fiscal year, but
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