U.S. Rep. Ritchie Torres, D-N.Y., called on the Securities and Exchange Commission to refocus its efforts to go after bad actors in the cryptocurrency sector following a judge’s split decision last week in an ongoing dispute between Ripple Labs and the regulator. In a letter sent Tuesday to SEC Chair Gary Gensler, Torres said he…
Federal authorities in the U.S. executed multiple seizure warrants for accounts belonging to Deltec Bank, a Bahamian bank with ties to digital asset firms. According to documents unsealed in federal court on Monday, the U.S. Secret Service executed multiple seizures of funds from U.S. bank accounts controlled by Deltec last month, citing probable cause for…
Explore nine crucial AI coding tools that empower developers to streamline their workflow, from machine learning frameworks to code editors. In the rapidly evolving field of artificial intelligence (AI), developers constantly seek tools and technologies to enhance their coding efficiency and productivity. From machine learning frameworks to code generation utilities, various AI coding tools have…
U.S. Senators Cynthia Lummis and Kirsten Gillibrand are set to introduce a revised version of the cryptocurrency regulation bill to establish a comprehensive regulatory framework for digital asset transactions and stablecoin issuance. The revised version advocates treating crypto assets as “commodities,” expanding the CFTC’s powers and imposing stricter regulations on stablecoin issuers. Crypto assets are…
The Financial Stability Board finalized its recommendations for regulating global cryptocurrency activities. The international body that advises G20 nations on global finance made two sets of recommendations. The first set advised on appropriate regulation, supervision, and oversight of crypto asset activities and markets. The second set was specifically aimed at global stablecoin arrangements. Regulation of crypto-asset…
The Responsible Financial Innovation Act will establish guardrails “to prevent another FTX-style event from occurring” in the wake of the 2022 market crash and bankruptcies. United States Sens. Cynthia Lummis and Kirsten Gillibrand will reintroduce legislation aimed at establishing a comprehensive regulatory framework for digital assets. The U.S. lawmakers said they would reintroduce the Responsible…
Community members may want to read up on the intricacies of tax law before they respond, but they have two months to do so. United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on July 11 asking for input on the…
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States. Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United States….
China’s president Xi Jinping expands CBDC cooperation at SCO, Hong Kong’s crypto licensing costs surge, and Multichain is hacked yet again. Chinese president shills CBDCs On July 4, Xinhua News Agency, China’s state broadcaster, published a transcript of President Xi Jinping’s address to the 2023 Shanghai Cooperation Organisation (SCO) Summit. The SCO is one of…
Discover how to leverage the power of ChatGPT for effective project management. It takes careful planning, coordination, and communication to successfully manage a project, which is a challenging and difficult undertaking. Utilizing artificial intelligence (AI)-powered solutions is becoming increasingly important in the modern digital world to boost productivity and improve project workflows. OpenAI’s sophisticated language…