regulation·96d ago
US Lawmakers Propose 'AI Kill Switch' to Throttle Frontier Models
The AI Kill Switch Act would let Homeland Security order frontier AI systems shut down, with fines up to $20M per day.
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regulation·96d ago
US Lawmakers Propose AI Kill Switch Act With $20M Daily Fines
New bill would let Homeland Security shut down frontier AI systems, with penalties up to $20 million per day for noncompliance.
regulation·97d ago
Proposed Class Action Seeks Return of 622 BTC from BitMEX
A proposed class action lawsuit demands BitMEX return 622 bitcoin to users.
regulation·98d ago
White House Pushes Back as Senate Democrats Reject CLARITY Act Over Ethics
The White House responds to Democratic opposition to the CLARITY Act, with ethics provisions remaining a key obstacle.
regulation·99d ago
Sen. Lummis Says Ethics Provisions in Crypto Clarity Act Still Under Discussion
Senator Cynthia Lummis said she is pleased with the updated bill and expects further talks on ethics and other provisions.
regulation·99d ago
Pakistan FIA Launches Crypto Investigation Unit for AML/CFT
Pakistan’s Federal Investigation Agency sets up a dedicated unit to probe money laundering and terror financing using cryptocurrencies.
regulation·100d ago
Grayscale Files S-1 for First US Worldcoin ETF
Grayscale Investments has submitted an S-1 registration statement for a Worldcoin ETF, aiming to offer the first such product in the US.
regulation·100d ago
Washington Judge Blocks Kalshi Sports Prediction Markets as Illegal Gambling
A Washington state court grants preliminary injunction against Kalshi, deeming its sports prediction markets illegal gambling.
regulation·101d ago
Trump Agrees to Ethics Provision, Boosting Crypto Bill's Senate Prospects
President Trump’s acceptance of an ethics clause could push a comprehensive crypto bill toward a Senate vote.
regulation·102d ago
South Korea Investigated 40 Crypto Manipulation Cases in 2 Years
Financial Services Commission reveals 40 cases of digital asset manipulation in two years under new law.
regulation·102d ago
Tether's USDT Faces Regulatory Countdown Under GENIUS Act
Missed deadlines under the GENIUS Act threaten USDT's U.S. platform access by July 2028.
regulation·103d ago
US Regulators Miss GENIUS Act Deadline for Stablecoin Rules
The delay preserves the Jan. 18, 2027 effective date but compresses the implementation window for regulators and issuers.
regulation·103d ago
ECB Official Warns Stablecoins Could Drain Bank Deposits, Pushes Digital Euro
ECB board member Piero Cipollone outlines three threats from digital payments and proposes the digital euro as a remedy.
regulation·104d ago
HSBC Subsidiary Wins Bank of England Approval for Digital Securities Sandbox
HSBC Orion received Bank of England approval to test digital securities, with a gilt transaction planned for early 2027.
regulation·105d ago
Tether Freezes $131M in USDT Linked to Iran Sanctions by OFAC
OFAC listed four Iran-linked wallets, and Tether used its kill switch to freeze $131 million in USDT within hours.
regulation·108d ago
Bolivia Considers Integrating Tether's USDT Into National Payments System
Bolivia is exploring adding Tether's USDT to its national payments system amid a surge in crypto transaction volumes.
regulation·108d ago
Trump Urges Senate to Pass CLARITY Act Before August Recess
President Trump pushes for cryptocurrency clarity legislation, citing competition with China.
regulation·109d ago
Pakistan Regulator Engages Islamic Scholar After Crypto Fatwa
Pakistan's crypto regulator held talks with Mufti Taqi Usmani following a fatwa deeming crypto purchases impermissible under Islamic law.
regulation·109d ago
Thailand to Audit USDT Transactions, Tighten Cash Deposit Rules
Thailand's central bank plans to require proof of funds for large cash deposits and audit USDT transactions with securities regulators.
regulation·109d ago
Russian Man Kidnapped in Bali, Forced to Hand Over Crypto
A Russian national was abducted in Bali and held for 30 hours until he surrendered access to his cryptocurrency account.
regulation·110d ago
SEC Questions Whether Crypto ETFs Have Gone Too Far
The SEC is reportedly examining whether the rapid growth of crypto ETFs has introduced new risks to investors.
regulation·110d ago
Housing Bill With CBDC Ban Becomes Law Without Trump's Signature
The 21st Century ROAD to Housing Act includes a provision prohibiting the Fed from issuing a central bank digital currency.
regulation·111d ago
Apple Sues OpenAI Over Trade Secret Theft by Former Employees
Apple accuses former employees of stealing trade secrets for rival AI hardware development.
regulation·111d ago
SEC Files Another Brief in Ripple Remedies Phase as Penalty Debate Continues
The SEC submitted a new filing in the Ripple remedies dispute, prolonging the debate over the final penalty.