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United States

SEC Chairman Gary Gensler takes aim at AI, refuses to let up on digital currencies
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9 August, 2023

SEC Chairman Gary Gensler takes aim at AI, refuses to let up on digital currencies

After cracking down on digital currencies, which the SEC intends to continue, Gensler is now turning his head to AI,...
AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs
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8 August, 2023

AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs

In its report, Goldman Sachs says AI could have a bigger impact on U.S. economy than electricity and PCs, but...
Coinbase asks judge to dismiss its SEC lawsuit
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8 August, 2023

Coinbase asks judge to dismiss its SEC lawsuit

Coinbase's Aug. 4 motion with the U.S. District Court for the Southern District of New York argued that the subject...
GameStop ditches digital asset wallet, cites regulatory uncertainty
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7 August, 2023

GameStop ditches digital asset wallet, cites regulatory uncertainty

GameStop will pull down the iOS and Chrome wallet extensions on November 1, even as its NFT business struggles and...
3AC founder Kyle Davies tells court he has renounced US citizenship
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7 August, 2023

3AC founder Kyle Davies tells court he has renounced US citizenship

Responding to subpoenas issued by a U.S. court, Davies claimed that he ignored the summons since they were not validly...
Coinbase losses increase as trading volume dries up and USDC shrinks
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7 August, 2023

Coinbase losses increase as trading volume dries up and USDC shrinks

Coinbase generated revenue of $707.9 million in the three months ending June 30, a 12.5% decline from the same period...
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