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Ex-Binance CEO faces 3-years prison and millions in fines

Changpeng Zhao, the ex-chief executive officer of cryptocurrency exchange Binance, is facing a potential 36-month prison sentence and a US$50 million fine. His sentencing, recommended...

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Cryptojacker Charged with Defrauding Two Cloud Providers of $3.5M

United States prosecutors have filed charges against a Nebraska man accused of a cryptojacking scheme that allegedly defrauded two cloud providers – one headquartered...

Updates On Vietnam’s Crypto Regulation Framework For 2025 – CryptoInfoNet

Vietnam announces plans to develop a legal framework for cryptocurrency regulation by May 2025 to address ownership risks and prevent illegal activities such as...

Microsoft unveils deepfake tech that’s too good to release

Microsoft this week demoed VASA–1, a framework for creating videos of people talking from a still image, audio sample, and text script, and claims...

Binance, A Major Player In The Crypto Industry, Settles For A Significant $2 Million Fine In Order To Strengthen Its Presence In India –...

Binance, the world’s leading cryptocurrency exchange, reportedly seeks to re-establish its presence in the Indian market after being banned by the country’s local government earlier...

UK Criminalizes Creating AI Deepfake Porn Under New Law

The UK will criminalize the creation of sexually explicit deepfake images under a new law that aims to protect people against non-consensual AI-generated pornographic...

Schumer Advocates For Cryptocurrency – CryptoInfoNet

Senate Majority Leader Chuck Schumer (D-NY) surprised and pleased longtime critics of his frequent role as Wall Street’s man in Washington by stepping up...

How to Use Generative AI to Revolutionize Banking Compliance

Contemporary banking is impossible without a compliance function, which ensures that financial institutions operate smoothly in complex regulatory environments with multiple laws, rules, and...

When can mainlanders access H.K. crypto ETFs?

The Hong Kong Securities and Futures Commission has authorized the listing of exchange-traded funds tracking either Bitcoin or Ethereum. Three asset management companies, all backed...

Wider Risks of Online Piracy in Singapore Continue to be Felt as Singapore Courts Order More Sites Blocked

SINGAPORE, Apr 15, 2024 - (ACN Newswire) - The Asia Video Industry Association’s Coalition Against Piracy (CAP) welcomes the Singapore High Court’s latest order...

Here’s How Much Bitcoin and Ethereum the US Govt Holds: Data

Over the past decade or so, countries around the world have resorted to seizing cryptocurrencies. The United States government stands at the forefront, boasting...

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