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United States

SEC Chairman Gary Gensler takes aim at AI, refuses to let up on digital currencies
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9 August, 2023

SEC Chairman Gary Gensler takes aim at AI, refuses to let up on digital currencies

After cracking down on digital currencies, which the SEC intends to continue, Gensler is now turning his head to AI,...
AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs
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8 August, 2023

AI investment to hit $200B by 2025, with US the runaway leader: Goldman Sachs

In its report, Goldman Sachs says AI could have a bigger impact on U.S. economy than electricity and PCs, but...
Coinbase asks judge to dismiss its SEC lawsuit
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8 August, 2023

Coinbase asks judge to dismiss its SEC lawsuit

Coinbase's Aug. 4 motion with the U.S. District Court for the Southern District of New York argued that the subject...
GameStop ditches digital asset wallet, cites regulatory uncertainty
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7 August, 2023

GameStop ditches digital asset wallet, cites regulatory uncertainty

GameStop will pull down the iOS and Chrome wallet extensions on November 1, even as its NFT business struggles and...
3AC founder Kyle Davies tells court he has renounced US citizenship
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7 August, 2023

3AC founder Kyle Davies tells court he has renounced US citizenship

Responding to subpoenas issued by a U.S. court, Davies claimed that he ignored the summons since they were not validly...
Coinbase losses increase as trading volume dries up and USDC shrinks
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7 August, 2023

Coinbase losses increase as trading volume dries up and USDC shrinks

Coinbase generated revenue of $707.9 million in the three months ending June 30, a 12.5% decline from the same period...
Quantstamp settles with SEC over fraudulent $28 million ICO
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5 August, 2023

Quantstamp settles with SEC over fraudulent $28 million ICO

Quantstamp promised investors a smart contract auditing platform, but the SEC says it violated securities laws in its 2017 ICO...
Coinbase, Marathon Digital to report all cybersecurity breaches under new SEC rules
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4 August, 2023

Coinbase, Marathon Digital to report all cybersecurity breaches under new SEC rules

The SEC wants all publicly listed companies to disclose all their cybersecurity breaches unless they are deemed a national security...
SEC warns audit firms over incomplete and misleading crypto audits
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3 August, 2023

SEC warns audit firms over incomplete and misleading crypto audits

The top accounting official at the U.S. Securities and Exchange Commission cautioned auditors against having their non-audit work being used...
US lawmakers probe Apple’s App Store rules on NFTs, other Web3 technologies
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2 August, 2023

US lawmakers probe Apple’s App Store rules on NFTs, other Web3 technologies

Antitrust concerns loom as Web3 innovation faces possible limitations, with U.S. lawmakers investigating Apple's App Store guidelines on NFTs and...
US Congress debates stablecoins, self-hosted wallets as privacy vs AML debate rages on
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2 August, 2023

US Congress debates stablecoins, self-hosted wallets as privacy vs AML debate rages on

Debates on regulating digital assets rage on, with officials from the U.S. finding it hard to find common ground that...
Bipartisan bill to crack down on ‘crypto’ money laundering, terrorist financing reintroduced to US Senate
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2 August, 2023

Bipartisan bill to crack down on ‘crypto’ money laundering, terrorist financing reintroduced to US Senate

Recognizing the threat of "cryptocurrencies," U.S. lawmakers released a bill fortifying existing AML/CFT rules governing the financial system to help...