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US comprehensive AI regulation in the horizon following new bipartisan framework
U.S. lawmakers are proposing a comprehensive AI regulation blueprint for licensing, oversight for generative models, facial recognition, and developer liability;...
SEC’s Gary Gensler gets praise and criticism at Senate Banking Committee hearing
A recent hearing at the Senate Banking Committee saw Gary Gensler grilled on the SEC's track record, highlighting contrasting attitudes...
South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case
Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution of over...
SEC rebuts Ripple in bid to appeal XRP programmatic sale ruling
The latest SEC submission to the U.S. District Court comes as a rebuttal to a September 1 filing by Ripple,...
Barry Silbert sweats as FBI probes Digital Currency Group’s financial transfers
FBI agents interviewed Cameron Winklevoss regarding allegations that Digital Currency Group boss Barry Silbert misrepresented the financial health of DCG’s...
DeFi firms Opyn, ZeroEx, Deridex face charges over illegal retail commodity offerings
The CFTC charged three DeFi protocols for illegally offering leveraged retail commodity transactions, with the regulator claiming using smart contracts...
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