U.S. Federal Judge Orders Court Review on Whether Digital Assets are Securities in Binance Case

by Александр Пирогов | Jan 19, 2024 | Blog News

U.S. District Judge Amy Berman Jackson overseeing the SEC case against Binance, Binance.US, and former CEO Changpeng Zhao has ordered a court review on whether digital assets are securities. The judge will hear arguments on how the SEC treats cryptocurrencies under...

U.S. Treasury Official Advocates Proactive Regulatory Measures in Crypto Industry

by Александр Пирогов | Jan 19, 2024 | Blog News

U.S. Treasury Assistant Secretary for Financial Institutions, Graham Steele, has emphasized the need for proactive regulatory standards in the crypto sector. Speaking at an event at George Washington University Law School, Steele highlighted the opportunity for U.S....

South Korea’s Presidential Office Urges Reconsideration of Local Spot Bitcoin ETF Approval

by Александр Пирогов | Jan 19, 2024 | Blog News

South Korea’s Office of the President has urged the financial regulator to reconsider approving a local spot bitcoin exchange-traded fund (ETF), according to Sung Tae-yoon, the chief of staff for policy of the presidential office. The government is exploring...

Canada Proposes Sweeping Amendments to Crypto Investment Rules for Public Funds

by Александр Пирогов | Jan 19, 2024 | Blog News

Canada is poised to overhaul its approach to cryptocurrency investments with proposed amendments by the Canadian Securities Administrators (CSA). The changes focus on tightening regulations around how public investment funds interact with cryptocurrencies. The...

Anthropic Counters Lawsuit Alleging Copyright Infringement Over AI Model ‘Claude’

by Александр Пирогов | Jan 19, 2024 | Blog News

Anthropic, the developer of the artificial intelligence model Claude, has responded to a lawsuit filed in October by music companies, including Universal Music Group, alleging copyright infringement. In its objection filed on January 16, Anthropic contends that the...

SEC Extends Review Period for Fidelity’s Ethereum ETF Proposal, Decision Expected by March 5, 2024

by Александр Пирогов | Jan 19, 2024 | Blog News

The Securities and Exchange Commission (SEC) has extended the review period for Fidelity’s proposed spot Ethereum exchange-traded fund (ETF), pushing the deadline to March 5. Fidelity’s move to introduce an Ethereum ETF in November is seen as a significant...