Hong Kong warns that crypto firms are not “banks”
Hong Kong warns crypto firms against using the word “bank” The Hong Kong Monetary Authority (HKMA) says only licensed banks...
Regulation
House Financial Services Comm. witnesses air multiple anti-CBDC arguments
A chorus of disapproval rang out from the halls of the United States Congress on Sept. 14 as the House...
Stoner Cats NFTs creator charged by SEC, to pay $1M fine
SEC says Stoner Cats 2 LLC raised $8 million from investors by offering unregistered securities of NFTs. Stoner Cats will...
Petition hopes to stop US government agencies from using Chainalysis’ forensics
A petition was created on Change.org on Sept. 12 to oppose the use of Chainalysis forensic services by federal agencies....
India embarks on crafting crypto regulations after ruling out ban
India was long thought to be planning a complete ban on cryptocurrencies. However, in the just concluded G20 Summit, India...
DC doesn’t realize how powerful crypto voting is — Brian Armstrong
Coinbase CEO Brian Armstrong has shared his predictions for the role crypto will play in next years' elections in the...
G20 moves forward with international crypto framework
Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy...
CFTC fines Utah man over $2.5M for leveraged Bitcoin fraud
CFTC announced Jacob Orvidas had conducted a leveraged Bitcoin fraud between October 2017 and July 2020. Orvidas was also charged...
UK financial watchdog could give crypto firms until January 2024 for marketing compliance
The United Kingdom’s Financial Conduct Authority, or FCA, has reiterated its warning for all crypto asset firms marketing to users...
US Senate confirms Philip Jefferson as Federal Reserve vice chair
Federal Reserve Governor Philip Jefferson has won confirmation from a majority of members of the United States Senate, placing him...
Computer science experts say US should create new fed agency for AI: Survey
A plurality of experts believe the United States should create a new federal agency dedicated to artificial intelligence governance, according...
Failure to tax the metaverse ‘will create a tax haven’ — Harvard legal expert
Harvard legal scholar and Yeshiva University law professor Christine Kim recently published a research paper detailing arguments for not only...
Hodler’s Digest, Aug. 27 – Sept. 2 – Cointelegraph Magazine
Top Stories This Week Grayscale wins SEC lawsuit for Bitcoin ETF review Crypto asset manager Grayscale Investments recently scored a...
UK MPs call for global alliance to tackle AI misuse
A group of influential members of parliament (MPs) in the United Kingdom have advised the government to collaborate with democratic...
Former SEC chair says spot Bitcoin ETF approval is ‘inevitable’ despite delays
Following the United States Securities and Exchange Commission (SEC) delaying decisions on several spot Bitcoin exchange-traded funds, former commission chair...
Elon Musk’s X platform has payments licenses in seven US states
The most recent payment license that X obtained was from Rhodes Island. Some of the US states that X has...
US Copyright Office issues notice of inquiry on artificial intelligence
The United States Copyright Office issued an official request for comments and notice of inquiry on copyright and artificial intelligence...
Crypto exchange Binance is considering a full exit from Russia
Key takeaways Binance is considering exiting the Russian market as it continues to face regulatory challenges in other parts of...
Google updates service policies to comply with EU regulations
Google plans to update some of its service policies to comply with the European Union’s Digital Services Act (DSA), according...
JPMorgan forecasts limited downside for crypto markets: Report
The cryptocurrency market’s recent downtrend appears to be coming to an end, with JPMorgan’s latest research suggesting that most long...
Pro-XRP lawyer urges Clayton, Hinman testimony
Pro-XRP attorney John Deaton says that the United States Securities and Exchange Commission (SEC) erred in filing aiding and abetting...
IRS releases draft of proposed reporting rules for digital asset brokers
The United States Internal Revenue Service (IRS), the agency responsible for tax collection, released proposed regulations on the sale and...
