Sen. Elizabeth Warren Accuses Crypto Lobbying Groups for Terrorism Financing

by Александр Пирогов | Dec 20, 2023 | Blog News

Sen. Elizabeth Warren (D-Mass.) has accused lobbying groups in the crypto industry, including Blockchain Association, Coin Center, and the Chamber of Digital Commerce, of undermining bipartisan efforts in Congress and the Biden Administration to address the role of...

Spanish intelligence cracks down ISIS funding through crypto transactions.

by Александр Пирогов | Dec 19, 2023 | Blog News

Spanish police have dismantled a network involved in financing ISIS through cryptocurrency transactions, resulting in the arrest of five individuals. The operation, part of a two-and-a-half-year investigation, targeted individuals allegedly connected to the terrorist...

US Court Approves CFTC Settlement against Binance and CEO

by Александр Пирогов | Dec 19, 2023 | Blog News

The US District Court has approved the settlement between the Commodity Futures Trading Commission (CFTC) and Binance, along with its CEO Changpeng ‘CZ’ Zhao. The court entered a consent order, imposing a $150 million civil penalty against CZ personally....

OpenAI Unveils Safety Plan Empowering Board to Veto High-Risk AI Development

by Александр Пирогов | Dec 19, 2023 | Blog News

OpenAI has introduced a safety initiative, the Preparedness Framework, giving its board the power to override the CEO if they judge AI development risks as too high. The framework outlines processes for assessing and mitigating catastrophic risks associated with...

SEC Delays Decision on Ethereum ETFs, Extending Timeline to May 2024

by Александр Пирогов | Dec 19, 2023 | Blog News

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on several Ethereum exchange-traded funds (ETFs) to May 2024. Affected ETFs include the Hashdex Nasdaq Ethereum ETF, Grayscale Ethereum Futures ETF, VanEck spot Ethereum ETF, and the spot...

SEC pressures Blackrock compliance in fund creation and redemption model in Bitcoin ETF

by Александр Пирогов | Dec 19, 2023 | Blog News

Investment management giant BlackRock has amended its S-1 filing with the Securities and Exchange Commission (SEC) for its proposed spot Bitcoin exchange-traded fund (ETF). The amendment reflects BlackRock’s decision to initially exclude in-kind creations and...