Taiwan opens digital asset ETF market to professional investors
Taiwan’s FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.
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EU consumer protection groups urge governments to investigate AI
A coalition of watchdog groups in the EU urged governments to assess the risks and vulnerabilities consumers are subjected to due to generative AI. 104 Total views 1 Total shares Consumer protection groups from the European Union (EU) have urged regulators to conduct investigations on artificial intelligence (AI) models behind popular chatbots. According to a report…

SEC Cryptocurrency Approach ‘Measured,’ Chairman Clayton Tells Senate
United States regulators believe they have adopted a “measured yet proactive approach” to cryptocurrency regulation which aids both retail and institutional investors.That was the formal view of Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), who updated lawmakers on official policy on Dec. 10.Clayton: SEC fosters innovationSpeaking in testimony before the Senate…

What comes after spot Ether ETF approvals? Execs weigh in
Consensys director of global regulatory matters Bill Hughes interpreted the approval as an admission that Ether is a commodity.

French authorities can hold Pavel Durov until Aug. 28
Prosecutors announced that the arrest was part of an investigation into an unnamed individual over cryptology services and complicity with illicit activities.

Mt. Gox trustee files draft rehabilitation plan
Mt. Gox is inching closer to refunding its users one day. 2055 Total views 12 Total shares On Dec. 15, Mt. Gox’s trustee Nobuaki Kobayashi filed a draft rehabilitation plan to refund Mt. Gox users. According to an official announcement posted on Mt. Gox website, the Tokyo District Court and an examiner will review the…

Analysts say Mnuchin’s proposed self-custody rule won’t impact Bitcoin price
This week various media reported that U.S. Treasury Secretary Steven Mnuchin was considering whether or not legislation governing self-custodied wallets should be implemented. This led some analysts and crypto pundits to speculate whether or not this would impact Bitcoin, and the current bullish momentum that has been driving crypto prices higher. The threat of new…

Is the time right for $50K BTC? 5 things to watch in Bitcoin this week
Bitcoin (BTC) is keeping everyone guessing this week as another Monday starts below $50,000.After rangebound movements over the weekend, bulls are still waiting for a decisive attack on the $50,000 mark — could it happen now?Despite optimism from analysts, it seems that not even an “uber dovish” Federal Reserve has the fuel to push BTC/USD…

Bitcoin traders set $50K price target after BTC falls below key support level
Bitcoin’s prolonged correction is driven by a sharp decrease in demand for nearly all investor cohorts.