The UN urges tighter AI school regulations for ethical reasons, emphasizing safeguards and age restrictions to protect students' well-being and education.
The U.S. securities regulator alleges that the company solicited investment for software mining licenses that generate tokens that are reported created instantaneously.
“Code is law” a mentality has been propagated with regard to electronic cash and blockchain systems despite having been discredited by Timothy Wu, who demonstrated the fallacies of such an approach.
Decentralization has conflicting meanings, and for blockchain to become part of existing accounting and reporting systems, it must shed this deceptive terminology and embrace regulation.
With the correct and legal approach, AI can help make the digital currency industry more secure, efficient, and transparent, creating a more sustainable and accessible ecosystem for all stakeholders.
The MAS is in a working group with banks and authorities to develop standards for banks to onboard VASPs; however, it all lies with the bank’s risk appetite.
Paxos follows exchanges OKX and dYdX which have announced exits from Canada at a time when regulators have enforced new and tougher regulatory measures.
The IOSCO will raise control on digital currencies and related activities while “addressing the pre-identified vulnerabilities in the non-bank financial intermediation sector.”
Bank of England is ramping up its central bank digital currency efforts and hiring developers, security architects, and more despite not officially committing to its Britcoin efforts.
In his interview with Kennedy, Kurt Wuckert Jr. points out that the reason everyone is so mad at ‘crypto’ is because they were misled to believe it was an investment when the focus should be on utility.
The trouble is the current regulatory framework does not even give a chance for the safe bank solution to compete, and it would only be fair if the government allows both types of banks to operate.