China’s crypto stance unchanged by moves in Hong Kong, says exec
Despite Hong Kong steadily progressing with cryptocurrency adoption, mainland China has not changed its anti-crypto stance in terms of local regulations.Some Chinese state-affiliated banks have...
White House to build international standards for DLT
In the United States, the White House released the national standards strategy for key and emerging technologies on May 4, identifying eight technology sectors that...
Zimbabwe sets price to sell gold-backed digital tokens
Zimbabwe’s central bank has set a price for its gold-backed digital tokens. The country is planning to sell its gold-backed digital currency to investors starting...
US vice president gathers top tech CEOs to discuss dangers of AI
The United States vice president and President Biden’s top advisors have held a meeting with several AI industry CEOs to discuss “concerns about the risks...
Coinbase remains ‘100% committed’ to US market: Armstrong
United States-founded cryptocurrency exchange Coinbase has no plans to move its operations out of the U.S., CEO Brian Armstrong told investors in an Q1 earnings...
Terraform Labs seeks to dismiss class action arguing US laws don’t apply
Terraform Labs is seeking to have a class action lawsuit against the firm dismissed, arguing the United States securities laws referenced are not applicable to...
Report: Coinbase share price continues to fall, as regulators move in and crypto volumes lag
Key Takeaways Coinbase stock is down 87% from its IPO price, the company now worth $11 billion Regulators are moving in on the industry in...
Examining global successes and challenges in regulating crypto: Report
The use and popularity of cryptocurrencies have significantly increased in recent years, but their decentralized nature makes them difficult to regulate, and the lack of...
UK reviews AI development: It can ‘drive substantial economic growth’
The United Kingdom’s Competition and Markets Authority (CMA) has turned its attention to artificial intelligence (AI) after announcing an examination of the impact of the technology...
SEC has 10 days to respond to Coinbase complaint: Legal exec
According to a May 4 announcement from Coinbase chief legal officer Paul Grewal, the United States Court of Appeals for the Third Circuit responded to...