Elon Musk voices support for sweeping AI safety regulations
Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.”
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‘We need to learn what regulation works and what holds us back’ — Hedge fund exec
Jaime Baeza said that the fast-paced environment and regulatory uncertainty are some of the challenges institutions face in Web3. 231 Total views 20 Total shares With more institutions joining the Web3 space, regulation has been identified as one of the trickier challenges that can either smother creativity or become a catalyst to broader adoption. In an…
Controversial UK Party Becomes Nation’s First to Reveal Crypto Policy
A far-right party in the United Kingdom has published what it describes as the country's first coherent cryptocurrency policy.On Aug. 24, the National Liberal Party (NLP) wrote a post on its website arguing that the U.K.’s current cryptocurrency policy is non-existent — and alleged the government has failed to take a stance on regulation.Failures of the political mainstreamThe NLP…
“Run Green Finance on Blockchain,” Encourages Chief FinTech Officer of Singapore’s Monetary Authority
Sopnendu Mohanty, Chief FinTech Officer at the Monetary Authority of Singapore, spoke at BlockShow Asia 2019 about the importance of blockchain for the economy, highlighting its indispensability for the development of green finance.Mohanty defined green finance as follows: “How to monitor, how to measure, and how to mobilize finance for green assets.” He said blockchain…
Court denies Kraken’s motion to dismiss SEC lawsuit
The SEC alleges Kraken is operating an unregistered securities exchange.
Ordinary Stablecoin or XRP Killer? What We Know About JPMorgan Chase’s New Cryptocurrency
On Feb. 14, United States banking behemoth JPMorgan Chase announced its own cryptocurrency. Significantly, it is the first time a major U.S. bank has tapped into digital assets for direct use in business operations.It is fair to say that move comes unexpectedly for JPMorgan Chase, whose CEO, Jamie Dimon, is famous within the crypto community…
Bitcoin barely holds $28K as bulls see new rejection at key resistance
Bitcoin (BTC) saw another failure to exit a tight trading range into April 6 as $28,000 again hung in the balance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalysis sees traders "compressing" BTC priceData from Cointelegraph Markets Pro and TradingView showed BTC/USD trading below the the $28,000 mark at the time of writing.The pair had approached $29,000…
Brazil Establishes Committee for Cryptocurrency Regulation
The President of the Chamber of Deputies of Brazil has ordered to establish a commission to consider cryptocurrency regulation in the country, Cointelegraph Brasil reported on May 31.The Chamber of Deputies of Brazil is a federal legislative body and the lower house of the National Congress of Brazil, and consists of representatives of the states…
Cuba set to recognize and regulate cryptocurrency
The country had to temporarily stop accepting cash bank deposits in United States dollars due to tighter restrictions set by former U.S. President Donald Trump. 683 Total views 7 Total shares The Cuban government is reportedly planning to recognize and regulate cryptocurrencies for payments.According to Aljazeera, the Caribbean nation’s central bank will establish rules for…