United States

South Korean prosecutors to use XRP ruling in Do Kwon’s securities fraud case
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13 August, 2023

South Korean prosecutors to use XRP ruling in Do Kwon’s securities fraud case

Prosecutors in South Korea plans to leverage the recent XRP ruling against Terraform Labs CEO Do Kwon's alleged securities fraud...
FTX’s Sam Bankman-Fried headed to jail for violating bail conditions
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12 August, 2023

FTX’s Sam Bankman-Fried headed to jail for violating bail conditions

The disgraced founder of the collapsed FTX digital asset exchange, is heading to jail for violating the terms of his...
Massachusetts probes AI use in securities industry amid heightened concerns over tech
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12 August, 2023

Massachusetts probes AI use in securities industry amid heightened concerns over tech

Massachusetts has launched a formal investigation into the application of artificial intelligence in securities, focusing on potential conflicts of interest...
Federal Reserve to oversee digital asset activities for US banks
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11 August, 2023

Federal Reserve to oversee digital asset activities for US banks

Under a new program, the Federal Reserve will expand its oversight on novel banking activities like digital assets and other...
Disney builds task force to improve operations amid growing anti-AI sentiments
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11 August, 2023

Disney builds task force to improve operations amid growing anti-AI sentiments

Disney strengthens its AI task force to pioneer innovative applications across the company, aiming to cut costs, enhance theme park...
SEC to appeal XRP ruling in Ripple case
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11 August, 2023

SEC to appeal XRP ruling in Ripple case

The U.S. securities regulator will file an "interlocutory appeal" of a ruling in its case against Ripple Labs related to...