Business

US House to vote on digital asset bill giving CFTC greater power
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23 June, 2023

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
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23 June, 2023

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
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23 June, 2023

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
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23 June, 2023

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...
IMF proposes single ledger cross-border payment platform using blockchain
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23 June, 2023

IMF proposes single ledger cross-border payment platform using blockchain

Aside from the settlement layer, the CBDC platform dubbed XC platform comprises a programming layer designed to allow participants to...
Same risk, same regulation: France’s AMF calls for tougher DeFi oversight
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23 June, 2023

Same risk, same regulation: France’s AMF calls for tougher DeFi oversight

DeFi can’t be ignored anymore, and authorities must regulate the sector to protect against risks such as money laundering and...
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