AI
India mandates tech firms to seek regulatory approval before launching AI tools
The move comes after Google's Gemini chat bot generated unfavorable remarks about the current Indian Prime Minister Narendra Modi.
Assad Jafri 2 min read
Regulation News
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Crime
Hong Kong regulators warn of increasing crypto exchange impersonation scams
Hong Kong SFC caution investors about fake crypto sites mimicking licensed exchanges.
Politics
Binance CEO Richard Teng asked to appear before Nigerian committee
The Nigerian committee said it would be forced to invoke its constitutional rights if Teng ignored the summons again.
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Regulation
Hungary issues draft law allowing banks to offer crypto services
The bill aims to establish a comprehensive regulatory framework for digital assets.
Regulation
Webull ended crypto offerings due to SEC opposition during past IPO attempts
The online brokerage company is about to close a $7.3 billion SPAC deal which will allow it to list on Nasdaq.
Exchanges
Binance drops Nigerian naira from P2P platform amid forex manipulation concerns
The Nigerian authorities have intensified their focus on Binance amid the escalating foreign exchange issues.
Regulation
Senator Warren asserts desire for crypto collaboration while claiming industry accepts criminals
Senator Elizabeth Warren said she is open to collaborating with crypto sector under traditional regulatory standards.
Regulation
Singapore grants HashKey OTC in-principle approval for major payment institution license
Singapore's MAS has granted licenses to major crypto firms, including Coinbase, BitGo, and others during the past year.
Regulation
Chamber of Digital Commerce files amicus brief supporting Kraken in SEC lawsuit
The Chamber of Digital Commerce said the purpose of the amicus brief is to end the SEC's attempted regulation of the digital asset industry.
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Crypto
Ted Cruz spearheading anti-CBDC bill over financial privacy, government overreach concerns
Legal
US agencies pause Biden-sanctioned emergency miner survey following lawsuit
Mining
Congressman Emmer raises concerns over Biden administration’s “information collection regime” targeting BTC miners
Regulation