The task force will advise on the “sustainable and responsible” development of Web3 in Hong Kong, according to the statement.

Kraken is required to provide details of users who engaged in transactions exceeding $20,000 within a calendar year.

Crypto-friendly neobank Revolut has halted purchases of Cardano, Polygon and Solana for U.S. customers, but holding and selling remains available until mid-September.

As the EU works on its upcoming AI bill, executives from 160 companies in the industry drafted an open letter on the implications of too-strict regulations.

The court also rescheduled the pre-trial conference to a pre-motion conference, shifting it to July 13 from its original date of Aug. 24.

South Korea’s crypto bill aims to establish a basis for imposing penalties and liability for damages caused by unfair cryptocurrency trading.

United States Senator Michael Bennet wrote a letter to major tech companies, including OpenAI and Google, to urge the labeling of AI-generated content.

Simon Callaghan said that efforts need to start on social media and telecommunication channels where most cryptocurrency scams originate.

However, the Reserve Bank of New Zealand also said that crypto and stablecoins should be more closely monitored.

Three House chairs sent a letter regarding recordkeeping and FOIA, and the industry advocacy group suggested Wells notice recipients ask for his recusal from their cases.