2024 in review: The UAE crypto legal chronicles

Prominent crypto investors like Chainalysis and Coatue have invested $300 million in Niantic’s metaverse project. 212 Total views 7 Total shares Niantic, the popular augmented reality (AR) mobile game Pokemon Go developer, is planning to build a “real-world” metaverse with newly raised funding.The company officially announced Monday the completion of a $300 million raise from…

New York-based blockchain analytics firm Chainalysis is launching a major partnership program to expand its operations and broaden its intelligence capabilities.As one of the highest-profile analytics firms in the blockchain intelligence industry, Chainalysis develops investigative tools that enable firms, governments and law enforcement agencies to monitor blockchain transactions and track suspected illicit activities.Speaking to Cointelegraph…

The era of tech giants buying up their up-and-coming competitors will be over if these senators get their way. 268 Total views 4 Total shares The Senate sees new legislation aiming to update antitrust laws for new technologies.Senator and former candidate for the Democratic presidential nomination Amy Klobuchar is introducing the Competition and Antitrust Law…

The exchange said it will become the racing series’ official cryptocurrency sponsor and NFT partner, hinting at a crypto-themed award for one of the events. 636 Total views 6 Total shares Cryptocurrency exchange Crypto.com has announced it will partner with Formula 1 in its racing series this year.In an announcement today, Formula 1 said Crypto.com…

The Acting Comptroller of the Currency presented the growing role of crypto in general and stablecoins in particular to the Senate today. 513 Total views 11 Total shares As part of his statement to the U.S. Senate Committee on Banking, Housing and Urban Affairs, acting Comptroller of the Currency, Brian Brooks, prepared a whole section on…

Martin Gruenberg answered affirmatively to Senator Bob Menendez that there were “no cryptocurrency firms backed by the FDIC” and its coverage did not include crypto "of any kind.” 477 Total views 11 Total shares Federal Deposit Insurance Corporation acting chair Martin Gruenberg said the agency does not back any crypto firms in the United States,…

Lawmakers in Europe and California are worried about that open-source AI is "dangerous." On the contrary — there is nothing dangerous about transparency.

The SEC commissioner described the DeFi space as "a work in process" but overall "alluring." 4609 Total views 16 Total shares Hester Peirce, the commissioner for the U.S. Securities and Exchange Commission known by the nickname "Crypto Mom," welcomes the challenge of regulating decentralized finance.In a speech for a George Washington University Law School event…