“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers.
Crypto Wet Articles
Binance continues to serve Russian users despite 2023 exit
A spokesperson confirmed that Binance continues to serve a “limited number of existing Russian users” a year after announcing its full exit from Russia.
Dubai regulator tightens rules on crypto marketing
VARA CEO Matthew White said that clear and actionable guidance helps crypto providers deliver their services responsibly.
Crypto venture capital funding surges to $633M in August rebound
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development.
India reconsiders foreign crypto exchange registrations: Report
India’s Financial Intelligence Unit is studying registration requests from four overseas crypto exchanges that were earlier banned for noncompliance with the country’s AML laws.
Advocates call for crypto to be discussed at US presidential debate
The Chamber of Progress cited Donald Trump “revers[ing] his previous position on cryptocurrency” and a lack of clarity from Kamala Harris’ campaign.
One week later: X’s future in Brazil on the line as Supreme Court reviews ban
With Lula supporting Moraes and the Bar Association challenging the decision, Brazil’s Supreme Court must decide X’s fate amid free speech concerns.
Crypto PACs spend $14M targeting crucial US Senate and House races
With most state primaries for the US House and Senate completed, the Fairshake PAC and its affiliates are supporting candidates in the November election.
Uniswap settles CFTC charges, Polygon’s new ‘hyperproductive’ POL token: Finance Redefined
The CFTC’s director warned that other DeFi ecosystems may also be fined for offering illegal trading services, while Polygon’s native token executed a key technical upgrade.
VanEck to shutter Ethereum futures ETF
Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs.
Coinbase secures partial victory over SEC in motion to compel discovery
Paul Grewal, Coinbase’s chief legal officer, said the SEC would be compelled to produce “important discovery” in its civil case after a judge’s order.
Tether for treason in Taiwan, East’s crypto exchange resurgence: Asia Express
China buys military secrets from Taiwanese soldiers with Tether; Asia’s crypto license barrage; scam victim under suspicion: Asia Express