The lobbying organization for the U.S. banking industry — the American Bankers Association — was asked to help with the anti-crypto legislation, according to recent comments from the senator.
The FDIC said the last significant update of its sign and ad rules was in 2006, but it needed to address concerns including “misrepresentations of deposit insurance coverage.”
Sam Bankman-Fried asked for a four- to six-week adjournment of proceedings, but the judge said he could have spoken up before.
Lee Bok-hyun reportedly plans to meet with SEC chair Gary Gensler in January to discuss the status of the crypto market and the direction of supervisory policy.
In a poll conducted on behalf of Grayscale, 73% of respondents said they “strongly agree” or “somewhat agree” that a U.S. presidential candidate should be informed on crypto and AI.
Key executives representing the Virtual Assets Regulatory Authority (VARA) revealed Dubai’s “hands-on” approach toward crypto in a Cointelegraph interview.
According to the entrepreneur, 38% of young people believe crypto can increase economic opportunities.
The U.S. National Institute of Standards and Technology’s request for information seeks input from AI companies and the public on generative AI risk management and reducing the risks of AI-generated misinformation.
Other companies in the CBI VASP register include Coinbase and Gemini exchanges, the payment processor MoonPay, Zodia Custody and others.
A lack of inventory in the resale market has already helped the industry. Interest rate cuts should also spur demand in 2024.