Lawmakers vs. the SEC vs. Binance: Law Decoded, June 12–19 By Cointelegraph
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Once again, the United States Securities and Exchange Commission (SEC) became the week’s headliner. Its intention to freeze the entirety of Binance.US’s assets got a reality check from U.S. district court Judge Amy Berman Jackson, who advised the regulator and the crypto exchange to negotiate a deal bilaterally.
The resulting agreement outlines measures for Binance.US to prevent any access by Binance officials to private keys of wallets, hardware wallets or root access to Binance.US’s Amazon (NASDAQ:) Web Services tools. Additionally, the U.S.-based crypto trading platform will disclose comprehensive information on business expenses, including estimated costs, in the coming weeks.
Hong Kong govt pressures banking giants to accept crypto clients
European Union Artificial Intelligence Act passes in parliament
U.S. senators propose bill to eliminate Section 230 protection for AI companies
Continue Reading on Coin Telegraph
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© Reuters
Once again, the United States Securities and Exchange Commission (SEC) became the week’s headliner. Its intention to freeze the entirety of Binance.US’s assets got a reality check from U.S. district court Judge Amy Berman Jackson, who advised the regulator and the crypto exchange to negotiate a deal bilaterally.
The resulting agreement outlines measures for Binance.US to prevent any access by Binance officials to private keys of wallets, hardware wallets or root access to Binance.US’s Amazon (NASDAQ:) Web Services tools. Additionally, the U.S.-based crypto trading platform will disclose comprehensive information on business expenses, including estimated costs, in the coming weeks.
Hong Kong govt pressures banking giants to accept crypto clients
European Union Artificial Intelligence Act passes in parliament
U.S. senators propose bill to eliminate Section 230 protection for AI companies
Continue Reading on Coin Telegraph
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