Binance CFTC suit shows that ‘regulators will keep regulating and regulate more’
Another bomb has fallen on the crypto space — and the impact could be far-reaching On Monday, the U.S. Commodity Futures and Trading Commission announced it was suing Binance, the world’s largest...
View ArticleUK regulators could be right about cloud portability obstacles
Last week, U.K. communications watchdog group Ofcom reported that it was investigating cloud infrastructure vendors — paying particular attention to Amazon and Microsoft — for making it too difficult...
View ArticleProhibition of AI that ‘subverts state power’ in China may chill its nascent...
Chinese regulators have proposed restrictive rules around AI models like ChatGPT being built in the country, requiring user identification and security reviews, and prohibiting “any content that...
View ArticleFormer FTX CEO Sam Bankman-Fried seeks to dismiss most US charges against him
Former FTX CEO and founder Sam Bankman-Fried has filed a pretrial motion to dismiss 10 out of 13 charges against him, according to court documents. Bankman-Fried is under house arrest at his parent’s...
View ArticleCrypto needs a global view to build better regulatory models
The crypto industry is increasingly worried that U.S. regulators are clamping down too hard on the space. Predictably, that’s making companies in the space look outward to regions that have clearer...
View ArticleOpenAI leaders propose international regulatory body for AI
AI is developing rapidly enough and the dangers it may pose are clear enough that OpenAI’s leadership believes that the world needs an international regulatory body akin to that governing nuclear power...
View ArticleWhy smart AI regulation is vital for innovation and US leadership
Gary Shapiro Contributor Share on Twitter Gary Shapiro is the president and CEO of the Consumer Technology Association and a New York Times bestselling author of the book Ninja Future: Secrets to...
View ArticleAI leaders warn Senate of twin risks: Moving too slow and moving too fast
Leaders from the AI research world appeared before the Senate Judiciary Committee to discuss and answer questions about the nascent technology. Their broadly unanimous opinions generally fell into two...
View ArticleWe don’t have to reinvent the wheel to regulate AI responsibly
Regulating AI shouldn’t be reinventing the wheel, regardless of polarized political discourse.
View ArticleSEC settles first NFT enforcement case, fines LA media company $6M
The U.S. Securities and Exchange Commission is suing a non-fungible token project, marking the first time the authority has taken enforcement action against a company for selling unregistered NFTs....
View ArticleThe US can’t kill crypto: Real regulations are coming
Predicting the death of crypto is a convenient but inaccurate narrative. The U.S. will get there. It always does.
View ArticleInstitutional crypto adoption in Asia is growing as the US market remains a...
After multiple industry-changing events crippled the industry’s advancement last year, the positive shift is welcome, according to several industry players in the region.
View ArticleExistential risk? Regulatory capture? AI for one and all? A look at what’s...
The promise and pitfall of artificial intelligence is a hot topic these days. Some say AI will save us: It’s already on the case to fix pernicious health problems, patch up digital divides in...
View ArticleCrypto enforcers wielded a heavy hand this year, but don’t expect it to get...
This was quite the year for the crypto industry. From funding shortfalls to the SBF saga playing out in public, the industry and its proponents had a wild year. © 2023 TechCrunch. All rights reserved....
View ArticleThe possibility of regulation hangs on the horizon over generative AI
While it's easy to get lost in the hype of generative AI, you have to remember there could be a big governance piece coming. © 2023 TechCrunch. All rights reserved. For personal use only.
View ArticleApple weighs taking commissions on sideloaded apps in EU, report says
Apple is determined to take a slice of in-app purchases, no matter how users access apps or make their payments, it seems. After dropping commissions to 27% following a court ruling that said Apple had...
View ArticleMeta says it will pass on the Apple tax to advertisers paying to boost posts...
Meta is looking to leverage advertiser outrage in its battle with Apple over in-app purchase fees by announcing that it will soon pass on Apple’s 30% service charge to its customers. In an...
View ArticleEpic Games CEO suggests Apple broke iPhone web apps in the EU for...
After Apple confirmed yesterday it’s breaking web apps for customers in the EU due to its compliance with the EU regulation the Digital Markets Act (DMA), Epic Games CEO Tim Sweeney suggests in a post...
View ArticleIn a reversal, Apple is demanding 30% of the donations to meditation app...
The CEO of meditation app Insight Timer, Christopher Plowman, is frustrated. He doesn’t think the teachers who leverage his app’s marketplace to reach their students should have to share 30% of their...
View ArticleApple reveals new details about Spotify’s business as possible EU fine nears
With the European Commission set to rule on Spotify’s complaint focused on competition in the streaming music market, there are hints that the ruling will not be in Apple’s favor. This week, the...
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