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United States

Nasdaq AI-powered order type gains SEC approval
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15 September, 2023

Nasdaq AI-powered order type gains SEC approval

Nasdaq introduced the AI-powered order type "Dynamic M-ELO," which was approved by the U.S. Securities and Exchange Commission to enhance...
Stoner Cats NFT celebrity backers charged with unregistered securities sale
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14 September, 2023

Stoner Cats NFT celebrity backers charged with unregistered securities sale

The team behind the animated series ‘Stoner Cats,’ whose cast includes Mila Kunis, Ashton Kutcher and Vitalik Buterin, has been...
Binance.US sheds CEO, another 100 staff while ducking SEC probe
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14 September, 2023

Binance.US sheds CEO, another 100 staff while ducking SEC probe

Apart from the departure of another of its execs, CEO Brian Shroder, Binance.US slashed one-third of its staff, stressing that...
Craig Wright not in contempt over incomplete financial forms, US Judge Bruce Reinhart rules
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14 September, 2023

Craig Wright not in contempt over incomplete financial forms, US Judge Bruce Reinhart rules

Magistrate Judge Bruce Reinhart has ruled that Dr. Craig Wright is now in compliance with a court order demanding that...
US comprehensive AI regulation in the horizon following new bipartisan framework
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13 September, 2023

US comprehensive AI regulation in the horizon following new bipartisan framework

U.S. lawmakers are proposing a comprehensive AI regulation blueprint for licensing, oversight for generative models, facial recognition, and developer liability;...
SEC’s Gary Gensler  gets praise and criticism at Senate Banking Committee hearing
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13 September, 2023

SEC’s Gary Gensler gets praise and criticism at Senate Banking Committee hearing

A recent hearing at the Senate Banking Committee saw Gary Gensler grilled on the SEC's track record, highlighting contrasting attitudes...
South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case
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12 September, 2023

South Africa’s Mirror Trading BTC scam to pay $1.7B in CFTC case

Mirror Trading allegedly scammed 30,000 BTC from over 23,000 American investors, which it misappropriated, and CFTC imposed restitution of over...
SEC rebuts Ripple in bid to appeal XRP programmatic sale ruling
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12 September, 2023

SEC rebuts Ripple in bid to appeal XRP programmatic sale ruling

The latest SEC submission to the U.S. District Court comes as a rebuttal to a September 1 filing by Ripple,...
Barry Silbert sweats as FBI probes Digital Currency Group’s financial transfers
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12 September, 2023

Barry Silbert sweats as FBI probes Digital Currency Group’s financial transfers

FBI agents interviewed Cameron Winklevoss regarding allegations that Digital Currency Group boss Barry Silbert misrepresented the financial health of DCG’s...
DeFi firms Opyn, ZeroEx, Deridex face charges over illegal retail commodity offerings
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11 September, 2023

DeFi firms Opyn, ZeroEx, Deridex face charges over illegal retail commodity offerings

The CFTC charged three DeFi protocols for illegally offering leveraged retail commodity transactions, with the regulator claiming using smart contracts...
Linus Financial settles SEC charges over digital asset lending product
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11 September, 2023

Linus Financial settles SEC charges over digital asset lending product

Linus Financial offered interest-bearing accounts to U.S. investors, which the securities regulator says is a securities contract, but it took...
OpenAI lawsuit alleges data scraping in training AI models
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9 September, 2023

OpenAI lawsuit alleges data scraping in training AI models

OpenAI finds itself in another controversy following claims that it performed data scraping in training its AI models, with plaintiffs...