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United States

FTX’s Sam Bankman-Fried headed to jail for violating bail conditions
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12 August, 2023

FTX’s Sam Bankman-Fried headed to jail for violating bail conditions

The disgraced founder of the collapsed FTX digital asset exchange, is heading to jail for violating the terms of his...
Massachusetts probes AI use in securities industry amid heightened concerns over tech
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12 August, 2023

Massachusetts probes AI use in securities industry amid heightened concerns over tech

Massachusetts has launched a formal investigation into the application of artificial intelligence in securities, focusing on potential conflicts of interest...
Federal Reserve to oversee digital asset activities for US banks
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11 August, 2023

Federal Reserve to oversee digital asset activities for US banks

Under a new program, the Federal Reserve will expand its oversight on novel banking activities like digital assets and other...
Disney builds task force to improve operations amid growing anti-AI sentiments
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11 August, 2023

Disney builds task force to improve operations amid growing anti-AI sentiments

Disney strengthens its AI task force to pioneer innovative applications across the company, aiming to cut costs, enhance theme park...
SEC to appeal XRP ruling in Ripple case
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11 August, 2023

SEC to appeal XRP ruling in Ripple case

The U.S. securities regulator will file an "interlocutory appeal" of a ruling in its case against Ripple Labs related to...
Bittrex settles with SEC for $24M over exchange and securities violations
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11 August, 2023

Bittrex settles with SEC for $24M over exchange and securities violations

The charges against Bittrex stemmed from the SEC alleging that the exchange offered and sold digital assets to customers in...
Craig Wright appoints new US counsel ahead of a blockbuster legal year
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11 August, 2023

Craig Wright appoints new US counsel ahead of a blockbuster legal year

Dr. Craig Wright has appointed new counsel in the United States: high-ranked Miami-headquartered firm Greenberg Traurig.
US Federal Reserve issues stablecoin warning to banks
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11 August, 2023

US Federal Reserve issues stablecoin warning to banks

The U.S. Fed warned any state banks dealing with digital asset “Dollar Tokens,” or stablecoins, to obtain a written “supervisory...
Revolut halts US digital asset services, blames evolving regulations
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10 August, 2023

Revolut halts US digital asset services, blames evolving regulations

Revolut says the move will only affect 1% of its customers and that users beyond the U.S. can still enjoy...
PayPal, Paxos launch new stablecoin just as Fed Reserve tightens oversight
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10 August, 2023

PayPal, Paxos launch new stablecoin just as Fed Reserve tightens oversight

PYUSD is being pitched as good for sending person-to-person payments, transferring to external wallets or funding purchases and users can...
Sam Bankman-Fried mulls insanity defense as FTX’s Ryan Salame talks to feds
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10 August, 2023

Sam Bankman-Fried mulls insanity defense as FTX’s Ryan Salame talks to feds

As Sam Bankman-Fried strives to talk his way out of prison ahead of the October trial, his attempts may be...
Utah mining software firm DEBT Box faces charges over alleged $50M scam
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9 August, 2023

Utah mining software firm DEBT Box faces charges over alleged $50M scam

The U.S. securities regulator alleges that the company solicited investment for software mining licenses that generate tokens that are reported...