Debt Box Challenges SEC’s Motion to Dismiss Enforcement Action

by Александр Пирогов | Feb 16, 2024 | Blog News

Software firm Debt Box is contesting the United States Securities and Exchange Commission’s (SEC) motion to dismiss an enforcement action against it, characterizing the move as an attempt to evade possible sanctions and a permanent dismissal due to alleged misconduct....

Tennessee Subcommittee Passes ELVIS Act to Safeguard Musicians from AI Misuse

by Александр Пирогов | Feb 16, 2024 | Blog News

The Tennessee House Banking and Consumer Affairs Subcommittee unanimously approved the Ensuring Likeness Voice and Image Security Act (ELVIS) on February 13, aiming to shield musicians from exploitation by artificial intelligence (AI). Introduced by Governor Bill Lee...

Citibank Explores Blockchain for Tokenized Securities

by Александр Пирогов | Feb 15, 2024 | Blog News

Multinational financial services giant Citibank announced on Wednesday its venture into tokenized securities on the blockchain, aiming to advance distributed ledger technology adoption on Wall Street. Collaborating with Wellington Management and WisdomTree, Citibank...

European Parliament Approves Groundbreaking AI Regulations

by Александр Пирогов | Feb 15, 2024 | Blog News

European Union legislators in the European Parliament have endorsed the preliminary agreement on groundbreaking regulations for artificial intelligence (AI) on February 13, paving the way for the world’s first AI-focused legislation. The Internal Market and Civil...

Kraken Implements Self-Custodial Wallet Verification Requirement for UK Users

by Александр Пирогов | Feb 15, 2024 | Blog News

Kraken, a prominent cryptocurrency exchange, has initiated a verification process for its users in the United Kingdom, mandating verification of their self-custodial wallets. The move, reportedly driven by UK regulations, requires users to confirm ownership or control...

European Court of Human Rights Upholds Encryption Privacy in Landmark Ruling

by Александр Пирогов | Feb 15, 2024 | Blog News

The European Court of Human Rights has ruled against the demand for decryption of end-to-end encrypted (E2EE) messages in a case involving Telegram, emphasizing that creating backdoors to such services would threaten freedom of expression and expose innocent users to...