Lawmakers Renew Push to Halt AI After Anthropic Researcher Resigns
Lawmakers are pushing new AI curbs after an Anthropic researcher resigned over safety fears, including a bill to ban superintelligence.
Licensing, compliance and enforcement across major jurisdictions, and what new rules mean for exchanges, issuers and investors.
Lawmakers are pushing new AI curbs after an Anthropic researcher resigned over safety fears, including a bill to ban superintelligence.
US authorities restrained $52 million in crypto from Chinese scam marketplace Xinbi and seized its Telegram channels.
The CLARITY Act faces a Senate procedural vote on September 15 that will decide the fate of US crypto regulation.
Treasury Secretary Scott Bessent urged the Senate to pass the crypto Clarity Act, warning failure would signal U.S. unwillingness to lead on digital assets.
Germany's finance ministry proposes a flat 25% tax on crypto gains, ending the one-year holding exemption; the draft applies to assets acquired after 2027.
Block Inc. has applied for a US national trust bank charter to offer regulated custody for bitcoin and stablecoins.
Mexico intensifies search for illegal crypto mines after busting a dam-powered operation, and probes a murder tied to bitcoin.
Germany's finance ministry draft would end Bitcoin tax-free rule by 2027, imposing a 25% flat tax on gains.
Malone Lam pleaded guilty to leading a $245 million crypto theft ring that used social engineering and home invasions over two years.
The US Treasury has classified Iran's digital asset sector as sanctionable, with roughly $1 billion in Iran-linked crypto frozen or sanctioned.
Block applied for an OCC national trust bank charter covering bitcoin and stablecoin custody; bitcoin traded in a narrow range on the news.
Sen. Cynthia Lummis slammed Democrats over the Clarity Act but expressed confidence it can pass. The Senate will hold a cloture vote next week.
Republican senators say the CLARITY Act is likely to fail, but the crypto lobby views the pessimism as a bargaining tactic.
UN Human Rights Chief Volker Türk says AI that escapes testing or blackmails developers is too powerful; both scenarios have occurred.
Australia’s financial crime agency removed 45 remittance and crypto firms from its registers over the past year, referring some individuals to law enforcement.