The memo sets the starting point for considering whether Bitcoin is a security: it highlights a speech given by SEC Chairman Jay Clayton in 2018 where he said that Bitcoin does not qualify as a security because it functions as a replacement for currency.
After cracking down on digital currencies, which the SEC intends to continue, Gensler is now turning his head to AI, which he claims poses extreme risks that could lead to financial collapses.
Ukraine adds a new layer of security to ensure the legitimacy of digital asset transactions, a move criticized by industry stakeholders who claimed it could hinder the country's Web3 innovation.
Coinbase's Aug. 4 motion with the U.S. District Court for the Southern District of New York argued that the subject matter of the SEC's complaint "falls outside the agency's delegated authority."
Initially, the securities regulator issued a warning against Binance Nigeria, but in its latest notice, it warned against the global exchange, saying it’s operating illegally.
Current G20 president India is proposing a global digital asset regulatory framework in the hopes of steering the international body's agenda toward a coordinated approach to digital asset oversight.
Digital Pilipinas latest webinar attempts to determine blockchain use cases beyond 'crypto,' featuring a Philippine panel that tackles the ongoing blockchain projects in the country.
Israeli authorities formed a multi-agency team that aims to regulate DAO operations, and a public consultation is expected to run until September 9.
German political parties remain divided on AI regulation amidst EU's AI Act debates as they seek a balance between fostering innovation and ensuring safe usage.
Kyrgyzstan's president reportedly said the block reward mining farm could help the country cut down on wastage of unutilized power which, over the past 13 years, hit $37 million.
Quantstamp promised investors a smart contract auditing platform, but the SEC says it violated securities laws in its 2017 ICO and settled for $3.5 million.
Surya Kant and Dipankar Datta, justices of the Supreme Court of India, have instructed the country’s legislative body to create a law on related digital asset crimes.
