European Banking Authority, ESMA issue crypto entity suitability guidelines
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) on Oct. 20 jointly released a consultation…
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Prosecutors argue ‘effective altruism’ inadequate in Bankman-Fried case
In the fraud trial of Sam Bankman-Fried, prosecutors have requested the judge inform the jury that the defendant’s assertion that…
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Elon Musk, Mark Cuban team up to contest SEC trial strategies
Elon Musk, Mark Cuban, with others, have collaboratively submitted a shared amicus brief to the Supreme Court, wherein they raise concerns about…
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UK to target potential AI threats at planned November summit
The United Kingdom will be hosting the world’s inaugural international summit on artificial intelligence (AI) safety in November 2023. This…
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Ferrari to accept crypto payments in the US
Ferrari will accept cryptocurrency payments for its luxury sports cars in the United States due to customer demand. The carmaker…
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Madeira announces creation of Bitcoin business hub for innovation
President of the Regional Government of Madeira, Miguel Albuquerque, has announced plans to create a Bitcoin (BTC) business hub to…
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China sets stricter rules for training generative AI models
China has released draft security regulations for companies providing generative artificial intelligence (AI) services, encompassing restrictions on data sources used…
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House Republicans urge tighter export controls on advanced chips
On Friday, Oct. 6, two senior Republican members of the United States House of Representatives urged the Biden administration to…
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DOJ readies witnesses in Bankman-Fried trial, spotlight on FTX assets
The Department of Justice (DOJ) has confirmed its intention to summon former FTX clients, investors and staff as witnesses in…
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Paradigm accuses SEC of bypassing rules in Binance lawsuit
Paradigm, a crypto venture capital firm, has criticized the United States Securities and Exchange Commission (SEC) for bypassing the standard…
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