Day: 30 June 2023

Vitalik Buterin, the co-founder of Ethereum, has publicly expressed his support for blockchain initiatives such as Solana, which have recently come under scrutiny from the U.S. Securities Exchange Commission (SEC) in its enforcement actions against cryptocurrency exchanges. During a Twitter Q&A session with Buterin, Matt Huang, the co-founder of Paradigm, ...

Over 160 executives from digital businesses worldwide have urged legislators in the European Union to exercise caution and consider all necessary factors while formulating its new artificial intelligence (AI) legislation. In the open letter published on June 30, 2023, some high-profile executives representing prominent companies such as Renault, Meta, Spanish ...

Simon Callaghan, the newly appointed CEO of Blockchain Australia, has called for collaboration between Australia's banks, government, and the cryptocurrency sector to combat the rising threat of cryptocurrency fraud. Speaking on June 30, 2023, during the closing day of Australian Blockchain Week in Melbourne, Callaghan announced that the organization's top ...

On June 30, 2023, South Korea's National Assembly achieved a significant milestone in cryptocurrency regulation as it passed the Virtual Asset User Protection Bill into law.  The bill is a comprehensive piece of legislation that consolidates 19 crypto-related bills, with the primary goal of establishing regulations against unfair trading practices ...

United States Senator Michael Bennet has exhorted prominent tech companies, including OpenAI, Microsoft, Meta, and Twitter, to label AI-generated content and implement monitoring systems to detect misleading information produced by artificial intelligence (AI). In a letter dated June 29, 2023, Bennet emphasized the importance of transparency and informing users when ...

The Reserve Bank of New Zealand (RBNZ) has announced its commitment to intensify monitoring of stablecoins and the crypto-assets sector within the country. However, the central bank has clarified that it will not be implementing a regulatory framework at this time. In a statement released on June 30, 2023, Ian ...