The world’s largest cryptocurrency exchange has been hit with an SEC suit that many saw coming, but the details will be studied closely.
Decentral Block Post
How regulators are mitigating the risk of extinction from AI: Law Decoded, May 29–June 5
There is no shortage of regulatory efforts to mitigate the negative impacts of artificial intelligence.
Fines and regulation: The ever-growing landscape of crypto compliance
How have the regulatory and legal frameworks governing cryptocurrency fines transformed over the years, and what are the key trends and challenges?
SEC sues Binance in US District Court for unregistered securities operations
According to the regulator, Binance failed to register as a securities exchange and operated illegally in the United States.
Hong Kong’s regulatory lead sets it up to be major crypto hub
Hong Kong is increasingly solidifying its status as a crypto hub in Asia despite most other countries taking a cautious approach.
EU officials want all AI-generated content to be labeled
The European Commission deputy head said that companies deploying generative AI tools with the potential to generate disinformation should be publicly labeled.
'Crypto Tsar' needed to ensure coordinated approach in the UK: EU lawmakers
APPG Chair Lisa Cameron emphasized the report's significance in securing the UK's leadership in the crypto sector and safeguarding consumers.
Do Kwon out on bail once again after court dismisses prosecution appeal
The Terraform Labs co-founder is out on bail after a successful appeal in Montenegro but will be closely monitored until his next court appearance.
Ripple case: Pro-XRP lawyer tips outright SEC victory at ‘less than 3%’
Attorney John Deaton says there’s a 25% chance Ripple will see an outright win against the SEC, while rumors fly of a possible IPO.
Metropolitan Museum of Art to return $550K in donations from FTX
The agreement came on the back of “good faith, arm’s length negotiations” with FTX’s debtors, the museum said.
FTX lawsuits see crypto firms, influencers dial back endorsement deals
Some crypto influencers have been giving lucrative endorsement offers a hard pass after seeing what could happen if things end badly for the firm.
Web3 Gamer: GTA 6 crypto rumors, Dr Who/Sandbox, Thai tourist NFTs review
GTA 6 crypto and NFT integration speculation mounts, Top Gear and Dr Who in The Sandbox, and Thailand’s rubbish NFT hunt for tourists.
Pro-XRP attorney’s phone hacked to promote LAW token
Lawyer John Deaton alerted followers via his daughter’s account, urging people to report the hack as the XRP community responded, spreading awareness.
FTX debtors object Genesis' 'critical' claim estimate of '$0.00'
The FTX debtors alleged that the claim was filed "without any advance notice," and they were not invited to participate in the mediation.
Warren’s alleged work with short-seller shows anti-crypto army heating up
Elizabeth Warren reportedly took advice from Wall Street short-seller Marc Cohodes, who cashed in on the collapse of Silvergate and Signature banks.
Musk’s alleged price manipulation, the Satoshi AI chatbot and more: Hodler’s Digest, May 28 – June 3
DOGE investor lawsuit against Elon Musk, the Satoshi Nakamoto chatbot, and the ongoing crypto debanking worldwide.
Brazil's crypto exchange Mercado Bitcoin licensed as payment provider: Report
As a payment institution, the new fintech MB Pay will enable certain digital banking services to the crypto exchange's users in the country.
Is Biden’s controversial Bitcoin mining tax dead or set to rise from the ashes?
References to the tax were removed from the U.S. debt bill, but that doesn’t mean it’s gone for good.
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC’s previous approach to crypto.
Privacy-focused Aleo blockchain gets new wallet as mainnet launch approaches
The wallet developer also raised $4.5 million from HackVC and other firms to further advance ZK-based enterprise solutions.