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The various investigations by the European Union are to be concluded within 12 months, after which the Commission will inform the companies of its findings and explain the measures it is considering taking.
Bafin's Director, Dr. Thorsten Pötzsch, has highlighted the need for practical EU regulation and also called for companies to "manage their risks from cyber-attacks" and "handle data and AI responsibly."
The ECB is establishing seven new ‘workstreams’ to develop the digital euro rulebook, and experts in payments infrastructure and architecture were encouraged to apply by April 5.
Two senators have sent a letter to SEC Chair Gary Gensler requesting a halt to any further Bitcoin ETF approvals, arguing that the regulator was "under no obligation to approve such products."
In the wake of the spot BTC ETFs launch in the U.S., Coinbase finds itself at a crossroads, with investors and observers questioning what impact the product will have on the company.
The U.S. Justice Department is stepping up its focus on AI, with a top official warning firms and individuals who misuse the tech for white-collar crime will be at risk of a harsher sentence.
The taxonomy recommendation is geared toward creating a standardized terminology for classifying assets while ensuring that the ecosystem aligns with international regulatory clarity.
The U.S. DOJ said it would continue to seek the extradition of Do Kwon to the United States, fearing that South Korea may give the Terraform Labs founder a lighter sentence for fraud and securities violations.
The Economic Crime and Corporate Transparency Act 2023 amends several other acts, such as extending existing asset confiscation and recovery powers to digital assets.
As the fourth week of the COPA v Wright trial draws to a close, the court heard the final testimony and cross-examination of witnesses; next week, the court will rest before closing arguments on March 15.
Speculations arose when Meta decided to drop out of COPA quietly, but even member of the alliance, Steven Lee, could not give a concrete answer behind the reason when grilled during the Satoshi trial.
EU inches closer to having a CBDC after 48 LIBE members voted in favor of the digital euro, but it likely won't be until June 2024 before a full EU Parliament vote is heard.
