Friday, February 23, 2024
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Meta faces legal scrutiny as AI advancements raise concerns over child safety

A group of 34 United States states are filing a lawsuit against Facebook and Instagram owner Meta, accusing the company of engaging in improper manipulation of minors who use the platforms. This development comes amid rapid artificial intelligence (AI) advancements involving both text and generative AI.Legal representatives from various states,

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Executive Director of Binance France Resigns amid Ongoing Regulatory Scrutiny

With Stéphanie Cabossioras’ resignation, she joins at least 10 other senior executives who have left Binance this year. Stéphanie Cabossioras has resigned from her role as executive director of Binance France, the French arm of the world’s largest cryptocurrency exchange. Her departure comes as the latest in a series of high-level

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crypto dealer-brokers and transfer agents under scrutiny

On Oct. 16, the United States Securities and Exchange Commission published its 2024 examination priorities report.  For over a decade, the agency’s Division of Examinations has consistently issued such reports, although it has never appeared at the beginning of the fiscal year. The growing presence of crypto The SEC’s Division of Examinations states they

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SEC plans scrutiny of crypto dealer-brokers, transfer agents, per 2024 exam guide

The United States Securities and Exchange Commission released its 2024 examination priorities report on Oct. 16. The agency’s Division of Examinations has been publishing similar reports for over a decade to let its registrants know the emerging risks it will be focusing on. Crypto dealer-brokers, among others, have been given

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Bitcoin BTC Trading Volume at Binance Halves Amid SEC, DOJ Scrutiny; Coinbase (COIN) Benefits

“The ongoing DOJ and SEC cases vs. Binance may have dissuaded market makers from trading on Binance, explaining parts of the decline,” K33 Research senior analyst Vetle Lunde said. “Some market making has probably leaked to other exchanges, but it's still almost certain that Binance's woes negatively impact market volumes,”

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Binance’s Richard Teng denies FTX comparisons: ‘We welcome the scrutiny’

Binance regional markets head Richard Teng insists that the global cryptocurrency exchange is financially secure and in no way similar to bankrupt peer FTX despite recent regulatory scrutiny and regional challenges. Speaking exclusively to Magazine editor Andrew Fenton in Singapore ahead of the 2023 Token2049 conference, Teng addressed a variety

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