Street artist Nelson Saiers, also known as the “Warhol of Wall Street,” has unveiled his latest guerilla installation titled “Rug Pull” in front of the United States Securities and Exchange Commission (SEC) in downtown Manhattan’s Financial District. The installation features vibrant doormats that have been spray-painted with the word “pull,” symbolizing the victims of rug […]
Israeli authorities have reportedly frozen cryptocurrency accounts belonging to the Hamas group with the help of Binance. The funds seized from these accounts have been transferred to the state treasury, although the exact amount has not been disclosed. This is not the first time Israeli authorities have taken action against Hamas-related crypto accounts, as they […]
The XRP community is eagerly anticipating a potential settlement between Ripple and the SEC, which could provide regulatory clarity for XRP. Judge Analisa Torres has ordered both parties to engage in a physical settlement discussion before April 16, 2024. This development comes after rumors of a possible settlement have circulated in recent weeks. The prolonged […]
The Ministry of Finance in Cyprus is proposing amendments to the existing Prevention and Suppression of Money Laundering Law in order to align the country with international standards for anti-money laundering and combating the financing of terrorism. The amendments require all service providers working with crypto assets to register with the Cyprus Securities and Exchange […]
Pro-crypto candidate Robert F. Kennedy Jr. has announced his decision to drop out of the Democratic primary and run as an independent candidate for the United States presidency. Kennedy has been a vocal supporter of cryptocurrency and aims to make America the global hub for digital currencies, particularly Bitcoin. He has proposed backing the USD […]
The fate of the digital assets bills currently being considered in the House remains uncertain. It is possible that these bills may not make any progress for the remainder of the year, which is a common outcome for many bills in this Congress. Alternatively, they may receive floor votes and even secure victories in the […]
The CEO of OpenAI, Sam Altman, has expressed concern over the US government’s actions against cryptocurrencies, stating that it feels like a war on crypto assets. Altman believes that while there is a need for regulations within the industry, the government’s approach is disappointing. He acknowledges the potential for a surveillance state but argues that […]
Leading cryptocurrency exchanges Binance and OKX, along with crypto payment service MoonPay, have taken significant steps to comply with the UK’s Financial Promotions (FinProm) Regime enforced by the Financial Conduct Authority (FCA). These regulatory changes aim to promote transparency and fairness in promoting cryptocurrency products and services in the UK. Binance has introduced a dedicated […]
Negotiators in the European Union (EU) are discussing the possibility of imposing additional regulations on large artificial intelligence (AI) systems, such as OpenAI’s GPT-4, as part of the forthcoming AI Act. The aim is to strike a balance between not burdening new startups with excessive regulations while keeping larger models in check. The agreement on […]
Ukraine’s Ministry of Digital Transformation has unveiled its regulatory roadmap for artificial intelligence (AI), with the aim of aligning with the European Union’s AI Act and educating citizens on AI risks. The roadmap takes a bottom-up approach, providing businesses with tools to prepare for future requirements before implementing any laws. The preliminary period for companies […]
