regulation

Wall Street’s financial giants, including JPMorgan Chase & Co. (NYSE:JPM), Bank of America Corp. (NYSE:BAC), Citigroup Inc. (NYSE:C), Goldman Sachs Group Inc (NYSE:GS), Wells Fargo & Co. (NYSE WFC), Morgan Stanley (NYSE:MS) and others are gearing up for impending regulatory shifts...

Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Amazon Inc. (NASDAQ:AMZN), Microsoft Corp. (NASDAQ:MSFT), Meta Platforms Inc. (NASDAQ:META), along with OpenAI, Anthropic, and Inflection, have pledged to adhere to a series of voluntary guidelines to mitigate the risks associated with artificial...

In a speech delivered on Monday at the Bipartisan Policy Center in Washington, D.C., the Federal Reserve Vice Chair for Supervision Michael Barr announced plans to enhance the financial cushions for larger banks in order to bolster the resilience of the banking system following a series of bank...

While the Biden administration and China continue to ponder the future of artificial intelligence (AI) regulation, European lawmakers are pushing forward to finalize the Western world’s first set of AI rules.  Two years ago,  the 27 nations that make up the European Union proposed a...

Cryptocurrency platform Coinbase Global (NASDAQ: COIN) is set to report first quarter financial results after market close Thursday. Here is a look at what analysts expect and what could be next for the company. Needham analyst John Todaro has a Buy rating and recently lowered the price target on...

The European Parliament is drafting stringent new regulations over the use of artificial intelligence, a group of senior EU legislators said in an open letter they plan to publish on Monday.  EU lawmakers are committed to including elements in the bill intended to mandate "the...

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is set to appear before the House Financial Services Committee on April 18 to face questions regarding his approach to rule-making and digital assets. The SEC chairman’s stance on cryptocurrencies has been a topic of...

When cryptocurrencies first started gaining the attention of mainstream investors in early 2017, a number of crypto pundits were quick to claim that they could act as an effective hedge against inflation. Citing the limited token supply of cryptocurrencies like Bitcoin (CRYPTO: BTC) as the chief...

O'Shares ETFs chairman and renowned Shark Tank investor Kevin O'Leary has once again spoken about Bitcoin (CRYPTO: BTC) and the sustainability of holding the apex crypto.  In a recent interview with Stansberry Research, O'Leary, who will be speaking at the 2022...

O'Shares ETFs chairman and renowned Shark Tank investor Kevin O'Leary shared his outlook on the current crypto market, in a recent interview with Stansberry Research. O'Leary argued that the present cryptocurrency market desperately needs policy and regulation.  He said, "...

Bank of England’s Financial Policy Committee has announced the need for improved regulation of the cryptocurrency sector, following the recent market crash. What Happened: In an endeavor to prevent the large-scale risk in the crypto markets, the Bank of England’s Financial Policy...

Last week, the executive arm of the European Union, the European Commission, proposed a new rule that would require all smartphones to adopt USB-C ports for physical charging. The commission aims to provide one charger for multiple devices in an effort to reduce e-waste.  This has come as...

The United States Securities and Exchange Commission (SEC) signed a deal with blockchain analytics firm AnChain.AI to help its efforts in monitoring the decentralized finance (DeFi) space. What Happened: According to a Forbes report, AnChain.AI CEO and Co-Founder Victor Fang explained...

As the U.S. Treasury Department eyes stablecoins and EU targets terrorism financing, blockchain leaders discuss the costs of compliance - and of non-compliance.  The only thing worse for blockchain projects than dealing with crypto regulations seems to be a lack of clarity from regulators...

What Happened: After several conflicting reports over the course of the past few months, India may now move to officially classify cryptocurrency as an asset class. The Securities and Exchange Board of India (SEBI) will oversee regulations for the crypto industry, according to a report from The New...