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British MPs Press NFT Copyright Violation

British MPs Press NFT Copyright Violation

A British parliamentary committee has called for a crackdown on sports supporter tokens and recommended the government issue a code of conduct for NFT platforms. A bipartisan parliamentary committee has called on the British government to safeguard creators from copyright infringement caused by nonfungible tokens (NFTs) and address possible consequences from athletic organizations issuing digital […]

Brazil’s Congress Proposes Indicting Binance CEO CZ

Brazil's Congress Proposes Indicting Binance CEO CZ

Changpeng Zhao and three local Binance executives have been recommended for indictment for fraud and other financial offenses by a congressional committee. A Brazilian congressional committee has recommended that Binance CEO Changpeng “CZ” and three other Binance executives be indicted following an investigation into financial pyramid operations in Brazil. On October 10, the committee issued […]

SBF Looks into FTX Lawyer’s Actions in $200M Alameda Loans

Sam Bankman-Fried to Testify in Criminal Trial

Sam Bankman-Fried’s legal team is requesting permission to cross-examine Gary Wang regarding the involvement of FTX attorneys in Alameda loan approvals. Sam Bankman-Fried’s legal team is requesting permission to investigate the alleged involvement of FTX attorneys in issuing $200 million in loans from Alameda, which Gary Wang approved. A court ruling issued on October 1 precluded […]

EU Reportedly Calls for Additional Restrictions for Large AI Models

EU Commission Proposes Launch of AI Factories for Startups, SMEs

According to a Bloomberg report, European Union (EU) representatives are negotiating a plan for additional restrictions on large artificial intelligence (AI) models – like OpenAI’s GPT-4. The European Commission, European Parliament, and various EU member states are reportedly in discussions regarding the potential effects of large language models (LLMs), such as Meta’s Llama 2 and […]

Argentine Central Banker Says CBDC Will Boost Tax Collection

Juan Agustín D’Attellis Noguera openly supported Sergio Massa’s advocacy for a central bank digital currency as an economic remedy. Juan Agustín D’Attellis Noguera, a director of Banco Central de la República Argentina, the country’s central bank, supported the Minister of Economy Sergio Massa’s advocacy of central bank digital currency (CBDC) as a solution for the […]