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Italian regulator draws criticism for blocking AI chatbot ChatGPT

ChatGPT’s temporary ban in Italy over privacy concerns draws criticism from figures in the tech industry and the country, including Deputy PM Matteo Salvini and expert Ron Moscona.

Stress test? What Biden’s bank bailout means for stablecoins

A major stablecoin depegging event raised concerns about the stability of these assets amid a U.S. banking crisis. The result may have been an improvement in their position in traditional finance.

CZ, Binance, influencers face $1B lawsuit for unregistered securities promo

While three American citizens brought in the case, the lawsuit alleges that “millions” of people could be eligible for damages.

US crackdown will push crypto’s 'center of gravity' to Hong Kong: Kaiko CEO

Kaiko CEO Ambre Soubiran said that Hong Kong’s friendly approach may just see the city become the “center of gravity” for crypto trading and investments.

FTX EU opens withdrawal, Elon Musk calls for AI halt, and Binance news: Hodler’s Digest, March 26–April 1

FTX Europe opens withdrawal for European customers, a petition seeks to halt AI development, and Binance is sued by U.S. authorities.

Binance vs. CFTC: Latest court battle could alter crypto landscape in US

The CFTC lawsuit against Binance could prove to be the beginning of the end for the crypto exchange in the United States, according to many market pundits.

Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk

Shin currently faces multiple fraud charges, specifically concerning allegedly hiding risks associated with investing in the in-house tokens by Terraform Labs.

Bermuda still open to crypto firms, says premier: Report

Bermuda's Edward Burt reportedly met with U.S. lawmakers and government officials this week in Washington, D.C. to discuss common standards for digital assets.

Central African Republic's Sango Project announces delay of token listing

The project has marketed Sango Coin to interested parties by offering pathways to CAR citizenship through investments.

National Futures Association adds rules for members handling digital assets

The CFTC-linked self-regulatory organization (SRO) has disclosure rules for members engaging in activities with BTC and ETH; now, standards of conduct are being added.

Net losses from crypto theft down sharply in Q1 2023 at $322M: Report

A report from app provider De.Fi showed losses from theft down in Q1 2023 compared to last year, along with recovery of funds; Euler accounted for a huge share of both.

US government plans to sell 41K Bitcoin connected to Silk Road

On March 14, 2023, the government sold 9,861 BTC for $215.7 million, according to court documents filed on March 31.

Elon Musk-led petition to halt AI development divides tech community

Brian Armstrong said that any tech development should not be halted based on the fears of a few.

Italy blocks ChatGPT, investigates suspected violations

The move follows a recent data breach suffered by the AI platform on March 20, where user data was exposed to a user.

How a TikTok ban in the US could affect the crypto industry

YouTuber CryptoWendyO believes the TikTok ban is not really about TikTok, and could be used to go after the crypto space itself.

BUSD deposits and withdrawals via OCBS suspended on Binance.US

Binance.US said it temporarily disabled One Common Billing System and BUSD stablecoin pairs after halting Apple Pay and Google Pay deposits.

FTX EU launches withdrawal website to pay back European users

FTX EU was only approved by the Cyprus regulator in March, 2022, about seven months before FTX collapsed in November.

‘Biased, deceptive’: Center for AI accuses ChatGPT creator of violating trade laws

The group believes GPT-4 violates Section 5 of the Federal Trade Commission Act, which prohibits “unfair or deceptive acts or practices in or affecting commerce.”

Polls suggest Elizabeth Warren's anti-crypto army strategy may not pay off

Elizabeth Warren has long been a crypto-critic, and appears to be making it a focus as her re-election bid kicks off.

US and China try to crush Binance, SBF’s $40M bribe claim: Asia Express

Binance’s future threatened after superpowers try to crush it, SBF accused of massive bribe over trading in China, former OKX exec charged.

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