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    Blockchain

    ICC Securities Watchdog To Help Regulate Cryptocurrency — Here’s What It Says 

    With a number of securities regulators across the world developing new rules for the crypto industry, the International Organization of Securities Commissions (IOSCO) aims to contribute to the ongoing discussion by releasing its own batch of crypto-focused policy recommendations. 

    Coinbase Asks the Court To Step In To Get Answers on Its Rulemaking Petition

    Cryptocurrency exchange Coinbase called on a court to issue a “writ of mandamus” telling the US Securities and Exchange Commission to respond to its rulemaking petition within seven days.

    Global Standard Setter Recommends More Investor Protection Following Turmoil Over the Past Year

    The International Organization of Securities Commissions called for more consistency and protection for retail investors following turmoil over the past year in its newly drafted cryptocurrency recommendations. 

    Bitget Restricts Use of AI Tools Following Troubling Results and Negative User Experiences

    Crypto derivatives exchange Bitget has decided to limit how much it uses artificial intelligence (AI) tools like ChatGPT due to the potential for misinformation.

    Binance Denies Reuters Report That It Commingled Customer Funds

    Binance is pushing back against a Reuters report that said the world’s largest cryptocurrency exchange commingled customer funds with company revenue in 2020 and 2021. 

    TON Foundation Launches $25 Million Accelerator Program for Emerging Crypto Projects

    The TON Foundation, the entity which runs The Open Network (TON) blockchain, has unveiled a new accelerator program for emerging projects, allocating up to $25 million for supported projects this year.

    UK Parliament’s Treasury Committee Calls for Cryptocurrency Regulation, Citing Gambling-Like Risks

    The UK Parliament’s Treasury Committee has called for unbacked cryptocurrencies to be regulated in the same way as gambling, saying speculation in these assets “more closely resembles gambling than it does a financial service.”

    Baidu Ai Chatbot Raises Questions With Its Claim of ‘improved’ Communication

    Chinese-based multinational tech firm Baidu recently unveiled its latest AI chatbot, with intriguing claims about its capabilities.

    BlockFi Sent Out Reorganization Plan ‘Prematurely,’ Court Orders Them Withdrawn

    Bankruptcy cryptocurrency lender BlockFi took back statements it made earlier this month about a plan to reorganize which it said was done “prematurely.”

    Ukraine’s Anti-corruption Bureau Unveils Plan to Fight ‘Crypto Corruption’

    Ukraine’s anti-corruption bureau has stated that it is probing the crypto sector to unmask money launderers.

    Republican Tim Scott Announces His Run for President — How Could That Affect Crypto?

    Republican Sen. Tim Scott, who could be an influential player in the cryptocurrency industry, announced his run for US president on Monday.

    Crypto Exchange Coinbase Launches TV Campaign in Washington DC

    Cryptocurrency exchange Coinbase is honing in on Washington DC with a new TV campaign set to launch this week promoting the future of crypto amid its own fight with US regulators.

    South Korean Prosecutors Buy Blockchain Analytics Tools in Bid to Bust ‘Crypto Money Laundering’

    South Korea’s prosecution service will buy new blockchain analytics software – and wants to use it to catch people laundering crypto overseas.

    Ripple Adds Nielsen CFO to Its Board of Directors

    Ripple is bringing on the chief financial officer of market researcher Nielsen to its board of directors, the crypto firm announced on Friday.

    South Korean Justice Ministry Hits Out at Claims it ‘Refused to Say’ if Minister Owns Crypto

    South Korea’s Justice Ministry has hit out at claims that Minister Han Dong-hoon “refused to disclose information” about whether or not he owns crypto.

    US Lawmakers Introduce ‘First Bipartisan Bill’ Blocking a CBDC

    US lawmakers from both sides of the aisle introduced a bill this week to block the Federal Reserve from issuing a central bank digital currency.