UK Economic Secretary rejects regulating crypto as gambling, advocates for financial services framework
Andrew Griffith, U.K’s Economic Secretary to the Treasury, has rejected the Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling, according to...
Terraform Labs requests to subpoena docs from bankrupt FTX in SEC case defense
Terraform Labs (TFL), the developer of the failed Terra blockchain, wants to subpoena bankrupt FTX for relevant documents it could use to defend its...
Op-ed: US banks launch 24/7 Instant Payments
The U.S. Federal Reserve’s (Fed) long-awaited instant payment service, FedNow, is set to launch imminently, promising a significant development in the country’s payment...
Bankrupt FTX sues Sam Bankman-Fried for $71M to recover ‘political capital’ payments
Bankrupt exchange FTX filed a lawsuit against Sam Bankman-Fried, FTX Foundation, and several other entities to recover over $71 million, according to a July...
Conflux partners with WorldMobile as WMT token bridges outside of Cardano, CFX up 3%
A new partnership between Conflux Network (CFX), China’s first regulatory-compliant public blockchain, and World Mobile, a global mobile network based on blockchain, aims...
Tesla reports no change to $184M Bitcoin holdings amidst record $25B revenue
Tesla reported no change to its digital asset holdings during its Q2 2023 investor report, as seen in its shareholder deck on July 19.
That...
Apple developing its own AI chatbot as an internal tool
Apple is developing artificial intelligence (AI) tool including a chatbot that is similar to ChatGPT, Bloomberg reported on July 19.
Company members have reportedly been...
Societe Generale subsidiary receives France’s first crypto services license
Société Générale subsidiary Forge has become the first entity to obtain a crypto services license in France, according to a July 19 announcement.
The company...
Terraform Labs appoints Chris Amani as CEO to replace Do Kwon
Terra and Luna creator Terraform Labs has appointed a new CEO in an effort to make a recovery, the Wall Street Journal reported on...
Nasdaq postpones crypto custody plans, citing ‘shifting business and regulatory environment’
New York-based Nasdaq Stock Exchange has decided to delay the launch of its crypto custody service due to the uncertain regulatory environment in the...
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