Tag: Regulatory
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Agile regulatory rules vital to foster future innovation – POLITICO
[ad_1] It is a challenge as old as lawmaking: how do legislators write rules today that can keep pace with the innovations of tomorrow? The problem is particularly acute in fast-moving sectors where scientific advances arrive at breakneck speed. Artificial intelligence (AI) and big data, wearables and genomics — these are among the most disruptive…
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Protecting against Ransomware, how Cisco Umbrella can help meet 2022 FFIEC Regulatory Update
[ad_1] In the past decade, governments and financial institutions have become increasingly targeted by criminal organizations and nation state operators who seek to extort and disrupt key societal functions (see examples from countries Martinique, Tonga, and Vanuatu, and public healthcare system UK National Health Service). Individual organizations have been exploited for financial gain and entire…
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Binance and Changpeng Zhao Seek Dismissal of SEC Lawsuit, Citing Regulatory Overreach
[ad_1] Join Our Telegram channel to stay up to date on breaking news coverage Binance Holdings and its CEO, Changpeng Zhao, requested the dismissal of a lawsuit brought against them by the Securities and Exchange Commission (SEC), arguing the regulator had overstepped its authority. In a 60-page motion filed on Sept. 21, Zhao and his…
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Japan’s Regulatory Shift: Start-ups Granted Permission To Raise Funds With Crypto Instead Of Stocks
[ad_1] In a significant development for the crypto industry, the Japanese government has recently announced a noteworthy relaxation of regulations about startup funding. This development explicitly allows startups to accept digital assets as an alternative to traditional stocks. According to a Japanese media outlet report, this regulatory shift aims to foster a more supportive and…
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Ripple, BitGo CEOs on crypto’s future amid regulatory uncertainty
[ad_1] Following a turbulent 2022, crypto markets still have a long way to go on their road to recovery. The macroeconomic outlook this year – clouded with fears of recession and slower growth – hasn’t helped, nor has the regulatory uncertainty in the United States. Despite the progressive steps taken in other countries – for…
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Worldcoin (WLD) Regulatory Scrutiny Grows as Argentina Opens Investigation
[ad_1] According to the AAIP, an entity like Worldcoin must register with the AAIP, provide information about its data processing policy, and indicate the purpose for collecting sensitive data and the retention period for such data. Additionally, the agency requires details of the security and confidentiality measures applied to safeguard personal information. The AAIP did…
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China’s regulatory authority mandates approval for all mobile applications · TechNode
[ad_1] To further enhance the management of mobile internet information services, the Ministry of Industry and Information Technology of China (MIIT) announced on Wednesday that all mobile applications must now be registered online through the authority’s website, as stated on its WeChat account. In accordance with China’s network laws, individuals who do not complete the…
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U.S. House Approves Major Crypto Bill, Pushes For Regulatory Framework
[ad_1] A noteworthy development has occurred in regulating the United States’ crypto space as a House Committee has approved a bill to bring clarity into the industry. On July 26, the U.S House Financial Services Committee approved the Financial Innovation and Technology Act for the 21st Century Act, popularly known as FIT21. #PASSED: In a…
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Large Bitcoin BTC Price Holders Content to Hold Long Positions Amid Regulatory Turmoil
[ad_1] “Nonetheless, inflation pressures continue to run high, and the process of getting inflation back down to 2 percent has a long way to go,” Powell said, adding: “We see the effects of our policy tightening on demand in the most interest rate–sensitive sectors of the economy, particularly housing and investment. It will take time,…
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CFO of Irish Horseracing Regulatory Board on leave as urgent investigation into ‘financial matter’ ordered
[ad_1] Instead, the Public Accounts Committee (PAC) heard CFO Donal O’Shea was “on a voluntary period of leave since yesterday” and could not come before it. “I cannot say anything that would prejudice any investigation that might take place, and I recognise that we are funded by the taxpayer,” new Chief Executive of the IHRB,…