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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. “There are lots of very smart people in the government working really hard on [crypto] policy, so I'm really confident

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From the U.S. to Japan, regulators are beginning to embrace crypto

When it comes to cryptocurrency/blockchain regulation, considerable attention has been focused, this past year, on the United States' action (or inaction). But the U.S. is not the world, just one important player, and crypto, from its beginnings, has been a global enterprise. Perhaps, then, it makes sense to step back and

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US regulators consider regulating political deep fakes ahead of 2024 election

The United States Federal Election Commission (FEC) voted unanimously on Aug.10 to advance a petition that would potentially regulate deep fakes in political ads generated by artificial intelligence (AI).The petition targets ads that use AI to portray political candidates doing or saying things they did not do ahead of the 2024

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Chinese regulators reaffirm ‘severe crackdown’ on overseas telecoms dealing in crypto, blockchain

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied China is warning telecom companies that are based overseas not to wield “new technologies” — digital assets, blockchain, artificial intelligence (AI) and the metaverse — for nefarious purposes. According to Global Times, citing a statement from the

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Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator’s Oversight

"The transactions over Coinbase’s platform and Prime are not, and do not involve, contractual undertakings to deliver future value reflecting the income, profits, or assets of a business. They are commodity sales, with the obligations on both sides discharged entirely the moment the digital token is delivered in exchange for

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Federal Regulators Are Needed for Crypto Oversight: U.S. GAO

Major U.S. financial regulators - the Consumer Financial Protection Bureau (CFPB), the Commodity Futures Trading Commission (CFTC), the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve System, the National Credit Union Administration (NCUA), the Office of the Comptroller of the Currency (OCC), and the Securities and Exchange Commission (SEC) -

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Nevada court approves regulator’s petition to place Prime Trust into receivership, pending hearing

The Eighth Judicial District Court of Nevada has granted a petition from the state’s Financial Institutions Division (NFID) placing crypto custodian Prime Trust into receivership, pending a hearing to show cause. In a July 14 filing, the Nevada court ordered the appointment of a receiver for Prime Trust following a June

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