Regulation

South Korea passes bill aimed at protecting consumers a year after Terra’s collapse
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7 July, 2023

South Korea passes bill aimed at protecting consumers a year after Terra’s collapse

The latest bill comes with severe consequences for breachers but pundits claimed that the regulation is stuck in the perspective...
US lawmaker calls for clear labeling of AI-generated content to curb misinformation
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7 July, 2023

US lawmaker calls for clear labeling of AI-generated content to curb misinformation

U.S. Senator Michael Bennet stresses a wide-scale industry collaboration is needed to curb the misuse of AI, beginning with clear...
Canada proposes national strategy to foster blockchain, digital assets adoption
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6 July, 2023

Canada proposes national strategy to foster blockchain, digital assets adoption

Canadian legislators recently published a report with 16 proposals to promote blockchain technology and protect individuals’ right to own digital...
North Carolina seeks to hold digital assets, gold on the balance sheet
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6 July, 2023

North Carolina seeks to hold digital assets, gold on the balance sheet

A bill that sailed through the House wants North Carolina to experiment with gold and digital assets to hedge against...
UK financial regulator warns unregistered firms to prepare for incoming digital asset promotion rules
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6 July, 2023

UK financial regulator warns unregistered firms to prepare for incoming digital asset promotion rules

The Financial Conduct Authority wrote to unregistered firms marketing digital assets to U.K. customers, warning them to comply with the...
Singapore orders digital currency firms to keep customer funds ‘under statutory trust’
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6 July, 2023

Singapore orders digital currency firms to keep customer funds ‘under statutory trust’

Under the new measures, digital currency firms in Singapore are expected to "segregate customers' assets from its own assets and...