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CZ recently rebuffed the CFTC complaint calling for a permanent US injunction against Binance and its executives. Binance CEO Changpeng ‘CZ’ Zhao has responded to the Commodity Futures Trading Commission (CFTC) complaint against the exchange. Responding to the federal agency’s call for a US injunction against Binance, CZ raised several issues alleged in the complaint. CZ also said
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Binance has answered a letter from United States Senators from early March requesting information about the crypto exchange operations in the country, including its balance sheet. According to a report on March 18, Binance's response did not include the financial data requested. Bloomberg learned from an anonymous source that despite being
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Today, Wednesday 15 March, the Government has published its response to Sir Patrick Vallance’s Pro-Innovation Regulation of Technologies Review. The ICO has issued the following statement: An ICO spokesperson said: "Given the opportunities that AI offers, we know we have a
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The largest marketplace for non-fungible tokens (NFTs), Opensea, has announced major changes to its fee structure and policies in response to a shift in the NFT ecosystem. The company detailed that it will drop fees to zero for a limited time and offer an optional creator earnings model with a
Read MoreJohn Edwards, Information Commissioner, said: “Data protection law exists to ensure people’s personal information is used properly and fairly. This includes ensuring personal details are not disclosed inappropriately. "Police can disclose information to protect the public and investigate crime, but
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Organizations are using cryptocurrencies – borderless by nature – to get international aid into Turkey. Original Source
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The Commodity Futures Trading Commission (CFTC) has begun the process of getting a default judgment in its case against Ooki DAO after the latter missed the deadline to respond to the lawsuit. According to a Jan. 11 court filing, the regulator has requested the court for an "entry of default" against the
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Consensys warned, though, that users may need to take extra precautions should they wish to retain their privacy by bypassing Infura: "From a privacy perspective, we caution that these alternatives may not actually provide more privacy," ConsenSys said in its statement. "Alternate RPC providers have different privacy policies and data
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On Nov. 29, 2022, The Electric Reliability Council of Texas (ERCOT) published a report on seasonal assessment and resource adequacy for the ERCOT region. ERCOT’s study indicates that bitcoin mining operations are flexible operations that can be beneficial to the Texas grid during the upcoming winter and extreme peak load
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Christine Lagarde, president of the European Central Bank, or ECB, has once again called regulation and supervision of crypto an “absolute necessity” for the EU in the wake of the collapse of crypto exchange FTX.At a Nov. 28 hearing of the Committee on Economic and Monetary Affairs of the European
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