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Gemini files to dismiss SEC’s lawsuit over its earn product

Gemini called the SEC's lawsuit as "ill-conceived" against its Earn Product which offered yields to customers against their crypto deposits.

A week filled with exploits and uncertainty for DeFi: Finance Redefined

DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control.

Neuralink gets FDA approval for ‘in-human’ trials of its brain-computer interface

The Neuralink device is designed to be surgically implanted and, according to CEO Elon Musk, will eventually be marketed to the general public.

Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’

The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments.

Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023

Binance and its Thai partner Gulf Innova have secured digital asset operator licenses in Thailand to launch a new crypto exchange.

EU regulator urges crypto firms to disclose regulatory status of products

ESMA reminded investment firms that crypto will remain unregulated in most jurisdictions despite the upcoming adoption of regulations.

Open AI launches grant for AI democratic governance project

The company behind ChatGPT announced it will award ten grants of $100,000 to teams around the world to develop a democratic process for determining AI rules.

‘Exhausted all options’ — Unbanked to close after being left hanging by investor

Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa, and most recently, TradeBlock.

Crypto firm Gemini picks Ireland as European base amid US crypto blues

Cameron Winklevoss has predicted a “Cambrian explosion” in European innovation once regulations are rolled out.

French lawmakers agree to loosen rules in proposed crypto influencer bill

Previously, the bill restricted influencer marketing to only licensed crypto firms, of which there are currently none in France.

Chinese TV’s crypto ‘bull run’ report censored, Multichain crisis: Asia Express

News of HK legalizing crypto exchanges censored by state media after just two days, meanwhile, Multichain token plunges after police arrest rumors.

DeSantis looks like the choice for crypto enthusiasts in 2024

Ron DeSantis understands the ethos of cryptocurrency. For single-issue crypto holders, that puts him ahead of the pack in the 2024 presidential race.

WEF publishes crypto asset regulation recommendations for government, industry

The World Economic Forum analyzed regulatory approaches to urge cooperation between international organizations, regulators and the crypto industry.

Norway could go its own way on crypto asset regulation, central bank suggests

International regulation may be too slow and may represent interests that are not in line with Norway’s, Norges Bank suggests in an annual report.

7 central banks and BIS continue examination of ongoing policy issues for retail CBDC

The Bank for International Settlements has published the fifth paper by the group, highlighting its latest thinking on a potential retail CBDC.

OpenAI warns European officials over upcoming AI regulations

The CEO of OpenAI, Sam Altman, spoke with European officials in Brussels warning over the ramifications of over-regulation of the AI industry.

In the US, targeted crypto legislation ‘could start the ball rolling’

Is the EU’s crypto regulatory framework a useful model for U.S. legislators? Can a “security” token really morph into a “utility” token?

Getting a home loan using crypto collateral: Insane or just risky?

You can use crypto as collateral to get a home loan — but as one Bitcoin OG found out, it’s super risky and you can lose the lot.

EU watchdog warns about the risk of a bank run on stablecoins

The European Systemic Risk Board suggests more disclosures, more monitoring to fight the risks of the crypto market.

South Korea passes bill to make officials disclose Bitcoin holdings

The “Kim Nam-guk Prevention Law” comes in response to a scandal involving some National Assembly members moving large amounts of crypto.

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