FTC (Federal Trade Commission) renews its vow to go after purveyors of AI that are making false or … [+] misleading claims. getty Bring down the hammer. That’s what the Federal Trade Commission ...
Tag: Commission
Independent Expert Commission Needed To Probe “Deadly Mistakes” Made By Government During Covid-19 Crisis
The Covid-19 crisis and the too-often catastrophic mistakes made in response to it need a thorough examination so we can learn the right lessons and begin the process of restoring trust in our public ...
European Commission Calls the Sandbox a Better Alternative to DLT
Blockchain Regulatory Sandbox launched for regulatory discussions on the use of cutting-edge blockchain technology. The Sandbox will provide legal certainty for decentralized technological solutions. ...
US Federal Trade Commission Investigates Marketing Schemes of Crypto Firm Voyager – Bitcoin News
According to a court document filed recently in the Voyager Digital bankruptcy case, the U.S. Federal Trade Commission (FTC) is investigating the marketing of the crypto firm. Like the U.S. Securities...
Federal Trade Commission investigates Voyager’s ‘deceptive and unfair’ crypto marketing
Legal • February 22, 2023, 10:52AM EST The Federal Trade Commission is investigating crypto broker Voyager Digital, the agency said in a bankruptcy court filing. The FTC is investigating Voyager...
The European Commission Announces the Launch of the European Blockchain Regulatory Sandbox
On February 15, the European Commission made the announcement that it will be launching the European Blockchain Regulatory Sandbox. The regulatory sandbox will serve as a forum for discussion around 2...
Times When Choosing A Fiduciary Advisor Is Critical To You And Times When It’s Not
getty You’ve worked hard your entire career. With your nose to the grindstone, you’ve let your retirement assets grow on autopilot. Suddenly, you find yourself sitting on a pile of money. What do you ...
Google’s ex-CEO Eric Schmidt tapped for federal biotech commission that allows members to keep investments
On Dec. 30, leaders of the House and Senate Armed Services committees announced the selection of former Google CEO Eric Schmidt and 11 others to serve on a new federal commission on biotechnology. Tas...
Philippines Security and Exchange Commission Seeking to Regulate Crypto
As the cryptocurrencies gained popularity and acceptance among people, financial regulators were also keen to scrutinize the burgeoning asset class. Many regulators across the countries believe that g...
Digital euro legalized by May 2023? European Commission weighs in
The European Commission would bring legislation related to the digital euro by May 2023. European lawmakers and bankers have voiced their concerns about central bank digital currencies and their util...
Massachusetts bill for special blockchain commission to assess government usage
Two bills related to crypto were introduced to the Massachusetts House of Representatives on Jan. 19. The first related to a new “special commission on blockchain” and the second on “protecting consum...
Korean Financial Services Commission Offers Security Tokens
After hinting at sharing the guidelines in September 2022, the Korean Financial Services Commission (FSC) announced a Security Token offering issuance. This comes after observing a spike in demand for...
U.S. Consumer Product Safety Commission Considers A Ban On New Gas Stoves
Getty Images U.S. Consumer Product Safety Commission Considers a Ban on New Gas Stoves – How to Get Cash to Switch to Electric Meta: Concerns about health hazards associated with gas stoves caus...
Environmental activities sue the New York Public Service Commission for approving a crypto mining facility
On Jan. 13, environmental activists filed a lawsuit against the New York Public Service Commission (PSC) for approving a crypto mining facility in the state. The Guardian reports that in September 202...
United Kingdom Gambling Commission (UKGC) – The British Gambling Regulator
The UK Gambling Commission (UKGC) is the main regulatory body for all online gambling operations in the United Kingdom, including online casinos. The commission sets strict guidelines for all licensed...
John Ray Accused Of Misleading Claims By Bahamas Securities Commission
Mr. John J Ray III, CEO of FTX and representative of the Chapter 11 Debtors in the U.S., made a statement on December 12th and 13th, 2022 in court filings, claiming that the Securities Commission of t...
Bahamas securities commission backfires at FTX’s management
The Bahamas regulators recently had a feud against the new FTX management team. SCB (The Securities Commission of The Bahamas) shared an official statement on January 2. According to the statement, t...
Policymaking By Unelected Commission Has Become Increasingly Popular, But Faces Challenges
California Governor Gavin Newsom (Photo by Tayfun Coskun/Anadolu Agency via Getty Images) Anadolu Agency via Getty Images A coalition of franchisees, restaurateurs, and other small business owners sub...
SBF told to surrender $300 million by the Bahamas Security Commission.
A December 30 report says that $300 million of seized funds were moved without approval. Debtors claim that the $296 million transfer was by order of the Bahamas Securities Commission. These assets ...
Bahamas Security Commission told SBF to surrender $300 million
FTX and its associated debtors said on Dec. 30 that nearly $300 million seized by the Bahamas’ main securities regulator was transferred without approval. The debtors asserted that the Bahamas Securit...
Bahamas Securities Commission Holds FTX Users’ Assets Temporarily
Bahamas regulator holding FTX assets on a temporary basis. FTX Japan is planning to return users’ assets. Some of the FTX users are selling their claims at steep discounts. As per a December 29 statem...
Bahamas Securities Commission seized $3.5B in customers’ assets from FTX
According to a statement released on December 29, the Bahamian regulator Bahamas Securities Commission gained possession of digital assets valued at $3.5 billion at FTX Digital Markets shortly after t...
Bahamas Securities Commission Holding FTX deposits Worth Over $3.5 billion.
In the protracted and gloomy drama involving FTX and SBF, it would seem that we have finally heard some positive news about the assets of users that the criminal mastermind was spending frivolously. T...
Brazilian Securities Commission CVM Opens a Path for Funds to Invest in Crypto – Regulation Bitcoin News
The Brazilian Securities Commission CVM has cleared the path for funds to dive into cryptocurrency-based investments. The institution issued a new set of rules that allows financial investment funds t...
The U.S. Securities and Exchange Commission (SEC) sets its eyes on auditing firms handling cryptocurrency companies
With its intent to counteract cryptocurrency, the U.S. Securities and Exchange Commission (SEC) is beginning to audit firms that work with crypto companies as part of their mission. In recent months, ...
B2BinPay Upgrades Its Payment Processing Solution With Lower Commission Rates, New Tokens, and Enhanced Website
[PRESS RELEASE – Please Read Disclaimer] B2BinPay, a premier crypto payment processing provider, has just rolled out an extensive update to its commissions, website design, Enterprise and Merchant Mod...
Uber Reportedly Sues New York City Taxi Commission To Block Fare Increase
Topline Uber filed a lawsuit against the New York City Taxi & Limousine Commission on Friday in an effort to block a round of rate increases, Bloomberg first reported, as the ride share giant’s ba...
Federal Trade Commission Sues Microsoft To Block $69 Billion Activision Purchase
Topline The Federal Trade Commission filed a lawsuit against Microsoft on Thursday to block its $69 billion acquisition of video game giant Activision Blizzard, arguing the company could stifle compet...
European Commission could raise $2.5bn in crypto taxes
The European Commission has reportedly drafted a proposal to tax crypto assets to raise around $2.5 billion. This directive will affect regulated cryptocurrency networks and investors located in the E...