In issuing the Advisory, the CFTC recognizes the potential for AI to transform the U.S. financial markets. However, given how far-reaching AI’s impact may be, the CFTC simultaneously cautions CFTC-regulated entities to be...more
Crypto Exchanges and Stablecoin Issuers Announce Multiple New Products -
Multiple crypto sector companies have recently announced new products. In a press release, LayerZero, “an omnichain interoperability protocol that...more
11/18/2024
/ Artificial Intelligence ,
Benchmarks ,
Bitcoin ,
Blockchain ,
Criminal Convictions ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptocurrency ,
Data Security ,
Decentralized Autonomous Organization (DAO) ,
Department of Justice (DOJ) ,
Digital Assets ,
Digital Currency ,
Enforcement Actions ,
Ethereum ,
Information Reports ,
Market Research ,
Money Laundering ,
Money Transmitter ,
Open Source Software ,
Popular ,
Regulatory Standards ,
Scams ,
Securities and Exchange Commission (SEC) ,
Stablecoins ,
Virtual Currency
EigenLayer TVL Surpasses $20B; New Self-Custodial Wallet Features Launch -
According to recent reports, the total value locked (TVL) on the Ethereum network-based EigenLayer restaking protocol recently surpassed $20...more
6/17/2024
/ Artificial Intelligence ,
Blockchain ,
Cryptoassets ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Wallets ,
FBI ,
Federal Trade Commission (FTC) ,
Fraud ,
Hackers ,
Money Transmitter ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Scams
In October 2023, the Biden Administration released an Executive Order on governing the development and use of AI in a safe and responsible manner, while working with federal agencies to regulate and disperse the benefits of...more
Fintech and Crypto Firms Announce New Cryptocurrency Products -
According to recent reports, a major U.S. fintech firm will begin letting its users accept payments in USDC. ...more
5/6/2024
/ Artificial Intelligence ,
Bitcoin Mining ,
Blockchain ,
Criminal Prosecution ,
Crypto Exchanges ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Wallets ,
Economic Sanctions ,
Evasion ,
FBI ,
FinTech ,
Fraud ,
Indictments ,
Popular ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Tax Evasion