Singapore High Court Rejects Three Arrows Capital’s Bid to Dismiss Lawsuit by DeFiance Capital Founder

by Александр Пирогов | Feb 1, 2024 | Blog News

The High Court of Singapore has rejected Three Arrows Capital’s attempt to dismiss a lawsuit filed by DeFiance Capital founder Arthur Cheong, allowing DeFiance Capital to pursue legal action against the bankrupt crypto hedge fund’s estate. Cheong contends...

China Prepares for Cryptocurrency Inclusion in Anti-Money Laundering (AML) Regulations

by Александр Пирогов | Jan 31, 2024 | Blog News

China is set to revise its Anti-Money Laundering (AML) regulations to encompass transactions involving cryptocurrency assets. Prime Minister Li Qiang chaired an executive meeting of the State Council on January 22 to discuss the updated AML law. The revised draft,...

SEC May Approve Spot Ethereum ETFs by May 23, Says Standard Chartered Bank

by Александр Пирогов | Jan 31, 2024 | Blog News

Standard Chartered Bank predicts that the US Securities and Exchange Commission (SEC) could approve the first spot Ethereum ETF on May 23, marking the final deadline for current applications. The bank anticipates a surge in Ethereum’s price, potentially reaching...

White House Unveils Progress on AI Initiatives: Comprehensive Strategy Takes Shape

by Александр Пирогов | Jan 31, 2024 | Blog News

In a recent development, the White House has revealed significant advancements in its AI initiatives, three months after President Joe Biden’s executive order. Led by Bruce Reed, the White House AI Council reported substantial progress, emphasizing a commitment to...

Harvest Fund Management Submits First Application for Bitcoin ETF in Hong Kong

by Александр Пирогов | Jan 31, 2024 | Blog News

Harvest Fund Management, a multinational asset management company, has reportedly submitted the first application for a spot Bitcoin exchange-traded fund (ETF) in Hong Kong. The application has been submitted to the Securities and Futures Commission (SFC) of Hong...

Italian Data Protection Authority (IDPA) Finds OpenAI’s ChatGPT in Breach of Data Protection and Privacy Laws

by Александр Пирогов | Jan 31, 2024 | Blog News

The Italian Data Protection Authority (IDPA) has released a statement asserting that OpenAI’s ChatGPT is in violation of data protection and privacy laws in Italy. The IDPA conducted a fact-finding probe in November 2023 to investigate online AI data scraping...