U.S. District Judge Beryl A. Howell ruled on August 18, 2023, that the U.S. Copyright Office was correct in determining that only works created by humans are entitled to copyright protection. After being denied copyright registration for an artwork his
Judge Analisa Torres of the U.S. District Court for the Southern District of New York has granted the SEC permission to apply for an interlocutory appeal in its Ripple Labs case. Judge Torres received consent after the SEC wrote on
Singapore’s central bank, the Monetary Authority of Singapore (MAS), has released a comprehensive regulatory framework targeting single-currency stablecoins (SCS). These digital tokens, designed to maintain constant value, are pegged to traditional fiat currencies such as the Singapore Dollar or any
The United States Securities and Exchange Commission (SEC) recently moved significantly in the crypto space, announcing an agreement with crypto trading platform Bittrex and its co-founder and former CEO, William Shihara. The SEC accused Bittrex and Shihara of operating an
As the AI revolution poses a threat to the job market, Australia’s Labor Party and Workers’ Unions want a new government body to manage its progress and protect employees at risk of losing jobs to the technology. The party’s stance
Teenagers in China will be restricted to using their phones for just an hour per day under new draught rules proposed by the state’s cyberspace regulator, reports Insider. The Cyberspace Administration of China unveiled proposed guidelines aimed at addressing “the
The U.S. Internal Revenue Service (IRS) has laid a new rule classifying cryptocurrency staking rewards as gross income. The IRS announced its landmark decision in Revenue Ruling 2023-14 on July 31, which seeks to clarify the tax treatment of income
The U.S. Securities and Exchange Commission (SEC) has delivered its verdict on what is and is not a security, and the financial governing body has ruled that if it’s a cryptocurrency that’s not called Bitcoin – it’s a security. The
‘X,’ formerly known as Twitter, is navigating a sea of criticism and scrutiny amid accusations of suspending accounts without justifiable reasons, even after the platform’s shift towards a more user-friendly and transparent model. The platform’s conduct prompts a pertinent question:
Kuwait, the Gulf state, has issued an absolute ban on all activities involving cryptocurrencies, such as Bitcoin, Ethereum, and Dogecoin, through several regulators. The announcement, made by Kuwait’s principal financial regulator, the Capital Markets Authority (CMA), on July 18, casts
Ron DeSantis has emerged as one of the presidential hopefuls against the issuing of Central Bank Digital Currency (CBDC) as he deems it a threat to liberty. Ron DeSantis, presidential aspirant and current governor of Florida has raised concerns over
Alex Mashinsky, the founder and former CEO of Celsius Network, is in police custody following his arrest on Thursday. Mahinsky faces multiple fraud charges, joining a growing list of former crypto CEOs in trouble with the law – including Sam
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