United States

BitLicense oversight criticized in New York comptroller’s report
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11 January, 2024

BitLicense oversight criticized in New York comptroller’s report

The 57-page report poked holes in the state Department of Financial Services’ management of BitLicense, including the lack of thoroughness...
Exchange-traded fund approval fails to light fire under utility-free BTC
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11 January, 2024

Exchange-traded fund approval fails to light fire under utility-free BTC

The U.S. securities regulator has approved BTC ETFs, including Grayscale and Bitwise, despite concerns, although market reaction tepid as fee...
CFTC highlights DeFi risks in new report, urges swift action
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10 January, 2024

CFTC highlights DeFi risks in new report, urges swift action

While regulators clamor to regulate the digital asset sector, a new report from the Commodity Futures Trading Commission sheds light...
AI regulation on top of Italy’s priority list as it takes on G7 presidency
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10 January, 2024

AI regulation on top of Italy’s priority list as it takes on G7 presidency

Italy, as the new G7 president, prioritizes AI regulation for industry innovation, with Prime Minister Giorgia Meloni planning a dedicated...
SEC reissues digital asset ‘FOMO’ warning in anticipation of expected approval of spot Bitcoin ETFs
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9 January, 2024

SEC reissues digital asset ‘FOMO’ warning in anticipation of expected approval of spot Bitcoin ETFs

In a post on X, the Securities and Exchange Commission’s Office of Investor Education warned retail investors of the risks...
IRS mandates increased personal information for digital asset transactions under new rules
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4 January, 2024

IRS mandates increased personal information for digital asset transactions under new rules

Many brokers are expected to have difficulty complying with the IRS' new tax rules, which took effect on January 1,...