Rules
Digital Bank Revolut to Suspend UK Crypto Services Citing FCA’s New Ad Rules: CityAM
The pause was put in place to give the company time to adjust its current business crypto offering to make sure all of the new requirements set by the U.K. regulator in the “back end” Direct Offer Financial Promotion (DOFP) rules, which will be entering into force on Jan. 8, 2023, are met, a source…
Q Protocol to Apply International Court of Arbitration Rules to DeFi Disputes in a Sign of Growing Industry Maturity
“The participants in the Q ecosystem (13 projects have signed on to use the services) are parties to the private contract that is the Q Constitution,” Biagosch said. “They have agreed therein that the ICC Court of Arbitration shall, based on the Q Constitution and through its rules of procedure, be the only mechanism to…
How the rules of long-lost board games take us inside ancient minds
In ancient Egypt, royals and subjects alike played a board game called Senet Granger Historical Picture Archive/Alamy Stock Photo A FEW years ago, while excavating the 5000-year-old burial mound of Basur Hoyuk in south-east Turkey, archaeologists unearthed a collection of 49 tiny stone figures: pigs, dogs, pyramids and pillars, all elaborately carved and painted. They…
South Korea Financial Regulator Proposes Consumer Protection Rules for Crypto Users
The rules are scheduled to take affect on July 19 next year. Source link
The EU Just Passed Sweeping New Rules to Regulate AI
Over the two years lawmakers have been negotiating the rules agreed today, AI technology and the leading concerns about it have dramatically changed. When the AI Act was conceived in April 2021, policymakers were worried about opaque algorithms deciding who would get a job, be granted refugee status or receive social benefits. By 2022, there…
Craig Wright’s Tulip Trading Must Prove Ownership of Bitcoin in Hacking Case vs BTC Developers, English Court Rules
“Mr. Wright now not only needs to prove that he owns the bitcoin for the claim to proceed, he must also pay security for the developers’ costs of doing so,” Timothy Elliss, a partner at Enyo Law, which represents most of the defendants, said in an email. Source link