
Business
Second iteration of cross-border CBDC pilot between China, Hong Kong falters
The CBDC pilot initiative hit a road bump following several user complaints, including the limited number of merchants accepting the...
US House to vote on digital asset bill giving CFTC greater power
The bill will clip the SEC’s authority over digital assets, with the CFTC taking a more prominent role, including jurisdiction...
Bipartisan US bill seeks to introduce a national AI commission
The goal of the commission is to review the current approach to AI regulation in the United States, make recommendations...
IRS, DHS, DEA form new task force targeting ‘crypto’ crime
The three have partnered with the Office for US Attorneys and Postal Inspection Service to target crypto drug trafficking, money...
SEC has 120 days to respond to Coinbase request for regulatory guidance, rulemaking
The U.S. securities regulator has until October 11, 2023, to respond to Coinbase's petition on proposed crypto-specific rules before the...
Nevada orders Prime Trust to cease & desist for failing to safeguard customer assets
Nevada’s action against Prime Trust pokes a major hole in the ‘crypto bro’ mantra that SEC Chairman Gary Gensler is...