Meta Vows to Fight as FTC Proposes New Privacy-Related Restrictions
The Federal Trade Commission (FTC) has proposed several restrictive measures against Meta.
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MoneyGram Pushes Back Date of Sale
MoneyGram has postponed the date of its planned sale.
OpenAI Reopens ChatGPT to Italian Users
OpenAI has announced that the chatbot ChatGPT has become available to Italian users again.
JPMorgan to Take Over First Republic Bank
JPMorgan will take over the management of the American First Republic Bank, which found itself in a crisis situation.
EU Parliament Approves Transfer of Funds Crypto Regulation
The Transfer of Funds regulation presupposes applying the same tracing requirements to crypto asset transfers as EU regulators demand from traditional money transfer providers The EU Parliament has voted to approve a new set of rules that allows the tracing of crypto-asset transfers, including bitcoin and electronic money tokens. The Transfer of Funds Regulation (TFR) means that […]
The Role of Abraham Lincoln in Establishing the National Banking System
President Abraham is The Great Emancipator for his part in black emancipation. But little is known of his exploits as a major proponent of the federal monetary structure. Andrew Jackson vetoed the “Bank Bill” to the Senate in 1832. Later on, Jackson tagged it as the greatest achievement of his life. The bill killed the […]
Silicon Valley Bank Employees to Get Back Some Money
Media reports that Silicon Valley Bank employees are returning some of the money after a period of uncertainty.
FTC Returns $1.1 Million to Consumers After Free Trial Settlement
The US Federal Trade Commission (FTC) is returning $1.1 million to consumers who were misled by deceptive offers of the so-called free trial of products.
US Regulators Say AI-Powered Decisions Must Follow Law
In the United States, four federal agencies in a joint statement, which was published on Tuesday, April 25, confirmed their commitment to the idea that all decisions made for companies by artificial intelligence should not contradict the norms of current legislation to one degree or another.
French Regulator Offers Crypto Companies Fast Track to MiCA
As European countries are searching for the best ways to transit to a new EU crypto regime called MiCA, French Financial Markets Authority offers a fast-track registration for the incumbents
UK Wants New Regulator to Tackle Big Tech
In the UK, a new regulator will appear in the foreseeable future, whose activity will be to supervise technology giants, including Amazon and Google.
Google Asks Court to Dismiss Multiple Claims in Epic Games Antitrust Trial
Google is looking for ways to quickly resolve antitrust litigation with the manufacturer of Fortnite Epic Games, Match Group, and the Attorney General of California.
EU Parliament Votes for New Crypto Rules
The European Parliament has voted to approve the rules for licensing cryptocurrencies in the crypto assets market (MiCA) as binding.
Hong Kong Considers Cryptocurrencies as Property
The recent ruling of a Hong Kong court suggested that cryptocurrencies have property attributes, giving local insolvency practitioners greater clarity in terms of digital assets
Coinbase Receives Bermuda License: Offshore Exchange Soon to Come
Legal permission to operate in Bermuda gives Coinbase a chance to start its offshore activities as soon as next week
Elon Musk Says to Make AI Safe Requires New Model and Regulations
Elon Musk strives not only for a new model of generative artificial intelligence but also for the creation of a system of government regulation of this sphere.
