Resources from around the globe.
U.S. House Republicans Introduce Bitcoin Oversight Bill To Protect Investors In a move geared towards investor protection, U.S. House Republicans have introduced a Bitcoin oversight bill. This highlights the increasing attention legislators are paying to bitcoin’s growing presence in the economy. Bitcoin continues to have a strong outlook from the mining sector.
Celsius is in the spotlight as their lawyer and CEO face charges, showcasing the ongoing legal challenges within the Bitcoin industry. The situation underlines the importance of robust compliance systems within Bitcoin companies. Visit Bitcoin Magazine B2B to read entire article.
Grayscale Bitcoin Fund’s Discount Narrows as Court Decision Nears (Bloomberg) — Crypto investors appear to be the most optimistic in over a year about the odds of the world’s biggest Bitcoin investment product being allowed to be turned into an exchange-traded fund. The $18.8 billion Grayscale Bitcoin Trust’s discount to its net-asset value has narrowed … Read more
Nasdaq Inc. became the latest mainstream financial firm to take a step back from digital assets, aborting its launch of a custodian business in the US due to the shifting business and regulatory environment. The exchange operator is also halting its efforts to pursue a license related to the business but will continue to build out … Read more
Today, paperwork was filed in the case of Ilya Lichtenstein and Heather Morgan (also known by her rap name Razzlekhan) for their role in laundering the more than 120,000 Bitcoin stolen from Bitfinex in 2016, suggesting the couple will plead guilty in a hearing scheduled for August 3rd. The stolen Bitcoin was valued around $70 million at the … Read more
Chainalysis in Action: How Law Enforcement Tracked Millions’ Worth of Illicit Bitcoin in the Harmon Brothers Cases Within the span of a few years, two brothers from Ohio were imprisoned for cryptocurrency-related crimes. The first, Larry Dean Harmon, was arrested and charged for a money laundering conspiracy arising from his operation of Helix, a cryptocurrency mixing service operating on … Read more
OSFI launches consultation on regulatory capital and liquidity treatment of crypto-asset exposures OTTAWA, ON, July 26, 2023 /CNW/ – The Office of the Superintendent of Financial Institutions (OSFI) is proposing changes to its capital and liquidity approach to crypto-assets to reflect an evolving risk environment and international developments. Today, OSFI announced two draft guidelines, one for federally regulated deposit-taking … Read more
UN Security Council debates benefits and risks of AI – AI has the potential to transform approaches to human rights. The UN’s use of technology within the United Nations Support Mission in Libya to monitor citizens’ responses to policies sped up advances in the nation’s 2022 Global Peace Index. Additionally, the UN has utilized AI … Read more
World Economic Forum. How can organizations prepare for generative AI? To read article click link