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United States

IRS bares new digital asset reporting form for US taxpayers
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23 April, 2024

IRS bares new digital asset reporting form for US taxpayers

Under the IRS' latest tax rule, anyone considered a digital asset broker must prepare Form 1099-DA for customers who sell...
Bipartisan AI Innovation bill introduced to US Senate
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23 April, 2024

Bipartisan AI Innovation bill introduced to US Senate

To avoid stifling innovation, U.S. lawmakers are pushing for a bill promoting government-private sector partnership in the AI industry, including...
SEC sets Justin Sun straight; Mango Market exploiter Avi Eisenberg convicted
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22 April, 2024

SEC sets Justin Sun straight; Mango Market exploiter Avi Eisenberg convicted

While Tron's legal team attempt to steer clear from accusations that Justin Sun was behind entities promoting an illegal money-making...
Microsoft’s G42 deal shows US and China in AI cold war (that could get much hotter)
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22 April, 2024

Microsoft’s G42 deal shows US and China in AI cold war (that could get much hotter)

Microsoft made a $1.5 billion 'strategic' investment in G42, the UAE-based AI tech holding company, followed by behind-the-scenes negotiations with...
Massachusetts AG releases AI advisory for enterprises amid soaring adoption rates
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19 April, 2024

Massachusetts AG releases AI advisory for enterprises amid soaring adoption rates

Massachusetts AG's advisory took swipes at the “false advertising” in AI and warned that AI firms engaged in deceptive marketing...
New US stablecoin bill doesn’t mention Tether, but it didn’t have to
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19 April, 2024

New US stablecoin bill doesn’t mention Tether, but it didn’t have to

The Gillibrand-Lummis bill intends to distinguish Tether and Circle as lawmakers look to allow state non-depository trust companies to issue...
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