On Friday, Oct. 6, two senior Republican members of the United States House of Representatives urged the Biden administration to strengthen the enforcement of export controls on advanced semiconductors to China. In a letter addressed to National Security Adviser Jake Sullivan, Representative Michael McCaul, chairman of the House Foreign Affairs Committee, and Representative Mike Gallagher, chairman of
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Bitcoin (BTC) eased volatility into Oct. 6 as BTC price downside preparations returned. BTC/USD 1-hour chart. Source: TradingView Bitcoin keeps liquidations limited amid long, sh “squeeze” Data from Cointelegraph Markets Pro and TradingView covered a flatter 24 hours for BTC/USD after a failed retest of $28,000. After lingering in a narrow range around 1.5% lower,
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On October 3, Judge Analisa Torres denied the US Securities and Commission’s (SEC) motion for an interlocutory appeal in its ongoing legal battle against Ripple. As part of her order, she raised the possibility of a settlement between both parties before the case goes to trial on April 23, 2024. Ripple And SEC Could Settle
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Komainu, a cryptocurrency custody firm co-created by crypto investment firm CoinShares, hardware wallet company Ledger and Japanese Nomura, has secured major regulatory approval in the United Kingdom. The company announced on Oct. 6 that it has received approval from the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money
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The United Nations and the Dutch government announced plans for the creation of a framework for the ethical supervision of artificial intelligence (AI).  On Oct. 5 the Dutch Authority for Digital Infrastructure and the United Nations’ Educational, Scientific and Cultural Organization (UNESCO) officially launched the project called, “Supervising AI by Competent Authorities,” through which they
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Major global cryptocurrency exchange Binance has reportedly continued to lose its market share amid ongoing regulatory issues in the United States. Binance’s spot market share fell for a seventh consecutive month in September 2023, Bloomberg reported on Oct. 5, citing analysis from cryptocurrency data provider CCData According to the report, Binance’s spot market share dropped
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In a recent interview, Paul Zalai, Director of the Australian Freight & Trade Alliance (FTA), hinted at a potential collaboration with Ripple, the San Francisco-based fintech firm known for its blockchain-based payment solutions. FTA Director Teases Ripple Partnership Speaking with La Chang of YouTube channel TGL (Think Global Logistics), Zalai revealed that he doesn’t understand
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