Australia Tightens Rules for Crypto ATMs Cryptocurrency has been a hot topic in the financial world in recent years, with many individuals and businesses investing in digital currencies like Bitcoin and Ethereum. However, as the popularity of cryptocurrencies has risen, so too have the risks associated with them. In Australia, the regulatory body AUSTRAC has […]
FDA deploys generative AI tool Elsa to transform agency operations in historic move
FDA Deploys Generative AI Tool Elsa to Transform Agency Operations in Historic Move In a major step toward modernizing its operations, the U.S. Food and Drug Administration (FDA) has made history by deploying a cutting-edge generative AI tool named Elsa. This move marks a significant shift in how regulatory agencies are embracing innovation to enhance […]
South Korea’s crypto industry set to benefit regardless of election
South Korea’s Crypto Industry Poised for Growth Post-Election With the upcoming presidential election in South Korea, the crypto industry in the country is gearing up for potential positive changes. Both presidential candidates have expressed support for legalizing spot crypto ETFs and easing regulations, which could have significant implications for the industry as a whole. The […]
Bank of Italy criticises limited MiCA impact
Bank of Italy Criticises Limited MiCA Impact The Markets in Crypto-Assets Regulation, known as MiCA, was introduced by the European Commission to provide a comprehensive regulatory framework for digital assets, including cryptocurrencies and stablecoins. However, despite the high hopes pinned on MiCA to drive stablecoin adoption and generate interest among Italian intermediaries, the Bank of […]
Ripple calls for legal test on digital asset classification
Ripple Calls for Legal Test on Digital Asset Classification In the ever-changing landscape of digital assets, regulatory clarity is paramount for companies operating in the space. Ripple, a prominent player in the cryptocurrency industry, has recently made a significant move by calling for a legal test on digital asset classification. In a letter addressed to […]
The EU probes porn sites over DSA violations
The EU Probes Porn Sites Over DSA Violations Brussels is intensifying its focus on the regulation of adult websites within the European Union, particularly regarding their compliance with the Digital Services Act (DSA). The European Commission has launched investigations into various pornographic platforms to assess their measures for safeguarding young users across the continent. This […]
NTIA to call for streamlined FCC submarine cable rules
NTIA Urges FCC to Streamline Submarine Cable Rules, Maintain 25-Year License, and Enhance Security and Investment Protection The National Telecommunications and Information Administration (NTIA) is making waves in the telecommunications industry by calling for the Federal Communications Commission (FCC) to streamline regulations governing submarine cables. The NTIA’s push for regulatory reform is aimed at fostering […]
Coinbase expands altcoin support in Germany
Coinbase Expands Altcoin Support in Germany Coinbase, one of the leading cryptocurrency exchanges worldwide, has made significant strides in expanding its altcoin support in Germany. The exchange’s move comes after being approved by Germany’s regulatory authority BaFin in 2021, making it the first platform to receive a crypto custody license in the country. With this […]
Tether plans US stablecoin to comply with local rules
Tether Plans US Stablecoin to Comply with Local Rules Tether, the popular cryptocurrency stablecoin issuer, has recently announced its plans to launch a US dollar-pegged stablecoin. This strategic move comes as part of Tether’s efforts to comply with local regulations and ensure its long-term sustainability in the ever-changing cryptocurrency landscape. USDT, Tether’s existing stablecoin, has […]
The United Nations calls for urgent regulation of military AI
The United Nations Urges Swift Action in Regulating Military AI In the realm of technological advancements, the development of artificial intelligence (AI) has proven to be both revolutionary and controversial. As AI continues to permeate various aspects of our lives, its implications for military applications have sparked concerns globally. Recently, the United Nations made a […]