UN urges tighter AI restrictions in schools
The UN urges tighter AI school regulations for ethical reasons, emphasizing safeguards and age restrictions to protect students' well-being and education.
Latest Regulations News
Utah mining software firm DEBT Box faces charges over alleged $50M scam
The U.S. securities regulator alleges that the company solicited investment for software mining licenses that generate tokens that are reported created instantaneously.
Papers associated with Bitcoin and related topics in law: Part VIII
“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.
Papers associated with Bitcoin and related topics in law: Part VII
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.
AI progresses in digital asset space as regulators play catch up
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.
Singapore central bank working on digital asset banking standards
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 exits Canada amid increasing regulatory crackdown
Paxos follows exchanges OKX and dYdX which have announced exits from Canada at a time when regulators have enforced new and tougher regulatory measures.
IOSCO doubles down digital currency exchange and DeFi control
The IOSCO will raise control on digital currencies and related activities while “addressing the pre-identified vulnerabilities in the non-bank financial intermediation sector.”
UK central bank to set up 30-member Britcoin team: report
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.
Kurt Wuckert Jr. on FOX Business: What is the right balance for digital currency regulation?
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.
Safe banking and fractional reserve banking
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.
Sanctions, Russia and ‘crypto crime’
After Russia invades Ukraine, sanctions are back on the agenda, and when it comes to getting around them, misuse of digital assets appears to be essential.