In a new court filing, the New York-based crypto-miner, Coinmint accused two semiconductor firms of orchestrating a fraud scheme “elaborate
Category: Regulatory Framework
Microsoft President Urges Policy Makers to Expedite Formulation of AI Rules
On May 25, the president of Microsoft, Brad Smith, issued a report calling for the authority to fast-track the formulation
Russian Policy Makers Proposes Amendment of Digital Ruble Bill
On May 22, the Russian law makers agreed to amend the digital ruble bill. Based on Russian law, the bill
Japanese Authority Set to Implement Tough Anti-Money Laundering Measures in June
On May 23, the Japanese regulators agreed to implement the Anti-Money Laundering (AML) regulations, commonly known as the travel rule,
DCG Facing Risk of Defaulting After Failing to Settle Gemini’s Loan Worth $630M
The New-York based crypto exchange Gemini announced on May 21 that the prominent Digital Currency Group (DCG) failed to settle
Brazil Regulators Approves Latam Gateway Payment License
On Friday, the Brazil-based payment platform Latam Gateway announced that the regulators green-lighted its license. The approval of the Latam
Pakistan Imposes New Crypto Ban Despite High Adoption
A recent report from the Pakistan authority reveals that the government will adopt restrictive measures for crypto assets. The announcement
SEC Denies Coinbase Request for Regulatory Clarity, Cites Complex Rulemaking Process
On Monday, the US Securities Exchange Commission (SEC) issued a report providing well-detailed responses to the Coinbase petition. Initially, Coinbase had
OpenAI CEO Engage in Advanced Talks to Secure $100M for Worldcoin Funding
On May 15, a report from Financial Times revealed the chief executive of the America Artificial Intelligence firm OpenAI Sam
Governor Ron DeSantis Restricts Use of CBDC in Florida
On May 12, Governor Ron DeSantis banned the use of centralized digital dollar in Florida, commonly known as the Central