Regulation
AI may lead to inflationary pressures: Bank of Canada
Bank of Canada Governor Tiff Macklem highlighted the potential risks AI poses to inflation and financial stability in the short...
JPMorgan Chase, Wells Fargo and Bank of America Lose $5,000,000,000 in Push To Offload Rotten Debt As Credit Card Delinquencies Surge
US banks are increasingly offloading billions of dollars in bad debt that they’ve officially given up on collecting, according to...
Bank of Canada just says no to retail CBDC in reshuffling of priorities
Regulating and speeding up payments without a CBDC are more important to the Canadian central bank. Source link
Judge Extends Deadline for U.S. Securities and Exchange Commission To Produce Documents in Coinbase Court Battle
A judge has granted the U.S. Securities and Exchange Commission’s (SEC) request for a deadline extension to produce documents related...
What to expect at Caroline Ellison’s sentencing hearing
The former Alameda Research CEO’s lawyers have requested time served, and prosecutors seemed flattering in their sentencing memo, but what...
Louisiana Announces That State Services Can Now Be Paid For With Crypto
The Southern Coastal US state of Louisiana is announcing that its services can now be paid for with crypto assets....
Supreme Court of India YouTube channel hijacked to shill XRP
The Supreme Court of India’s YouTube channel fell victim to a Ripple and XRP scam, promoting fraudulent investments via a...
Australian Reserve Bank Has ‘Strategic Commitment’ To Develop CBDC System, According to Assistant Governor
Australia’s central bank and banknote issuing authority is pursuing initiatives on central bank digital currency (CBDC) and digital money. According...
Court approves Terraform Labs winding down in bankruptcy hearing
After collapsing in 2022, facing an SEC lawsuit in 2023, and filing for bankruptcy in 2024, many of Terraform’s legal...
US Lawmakers Demand Answers From Gary Gensler on SEC’s Position That Crypto Airdrops Are Securities Transactions
Two crypto-friendly US lawmakers want U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to clarify the regulator’s position on...