FTC Approves Procedures to Investigate AI-related Lawbreaking
In light of potential legal infringements associated with AI applications, the United States Federal Trade Commission (FTC) has authorized a novel, streamlined procedure for investigating cases involving the illicit utilization of artificial intelligence (AI). Unanimously, the FTC endorsed a measure to expedite the ability of its staff to issue civil investigative demands (CIDs), a type […]
Mt. Gox to Finally Commence Repayments in Cash to Creditors
According to an email sent to claimants this week, Mt. Gox is gearing up to start compensating creditors after prolonged delays. For the benefit of creditors of the now-defunct Bitcoin exchange Mt. Gox, the rehabilitation trustee has officially announced that cash payouts would begin in 2023. This choice, which was sent to the creditors via […]
BIT Exchange to Launch SOL Options Trading
In order to satisfy institutional demand, BIT Exchange will introduce Solana options trading in addition to growing to cover XRP and ADA. In response to the enormous spike in institutional demands, BIT exchange, a digital asset exchange started by Chinese cryptocurrency pioneer Jihan Wu, recently released a statement that the company is prepared to introduce […]
Binance Gets New CEO After Changpeng Zhao Steps Down
Richard Teng has been named CEO of Binance Exchange, as the cryptocurrency trading company navigates the market without CZ. Changpeng “CZ” Zhao, the co-founder and former CEO of Binance Exchange, has nominated Richard Teng , the company’s previous Head of Regional Markets, to take over as CEO during what may be considered the most important […]