Senators Richard Blumenthal and Josh Hawley’s framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions. Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates for mandatory licensing for AI firms…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Coinbase is in ‘Final Stages of Selecting Its EU Hub Location’, Six Projects Get Investments from Base Ecosystem Fund, LBRY Appeals SEC-related Court Decision Read more »Sign up…
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Senator Andrew Bragg says rejecting his crypto bill will drive investment away from Australia but lawyers claim it’s part of a bigger regulatory picture. Australian investors will be left exposed to unregulated markets and investments will be driven away from the country if the Digital Assets (Market Regulation) Bill is rejected by parliament, the bill’s…
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Australian crypto exchange Swyftx has launched a ‘Learn and Earn’ education platform with an aim to better equip Aussies with “crypto knowledge until such time as the industry is fully regulated.” Tom Matthews, head of corporate affairs at Swyftx told Cryptonews that there has been a surge in demand for educational resources on blockchain tech…
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Australia’s bill on digital asset market regulation has faced a series of delays, and now the Committee on Economics Legislation has recommended the bill not pass. Australia’s Senate Committee on Economics Legislation has finally provided feedback on the cryptocurrency bill introduced by Senator Andrew Bragg. On Sept. 4, the committee shared its opinion on the…
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During an interview at the Intersekt Fintech conference in Melbourne, Australia, on August 31, Ben Rose, General Manager of Binance Australia, expressed strong confidence in the ability of Australian regulators to make informed decisions regarding digital asset regulations in the country. Rose’s optimism contrasts with the recent challenges and regulatory scrutiny faced by Binance Australia….…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro Read more »Sign up for e-EUR – the…
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The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the offense, Helio is said to have entered a “recognisance” of $9,560 (AUD15,000) for 12 months which is contingent on the…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Mastercard Forms a CBDC Program with Ripple, Consensys & Fireblocks, OpenSea is Set to Disable its Operator Filter, Taiwan Proposes Business Category for Crypto Firms to Self-regulate &…
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Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges. Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investment scams. The bank said on July 31 it…
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