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EU Considers Tightening AI Regulations For ‘High-Risk’ Sectors

PYMNTS

The information comes from a draft of a “white paper” obtained by Bloomberg. The European Commission is due to unveil the paper next month, and what Bloomberg reported on will likely not be the final version. The paper is part of a broader effort by the EU to catch up to the U.S. The effect will be a boost to development.

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JP Morgan: Treasury Innovations Accelerate Digital Transformation

PYMNTS

The trend is away from paper, but true digitization does not stop there. Morgan , the successful treasury transformation in the Asia Pacific region hinges on digitization — and not simply electronification. Kanthadai referenced a recent joint white paper published by Eurofinance and J.P.

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AriseBank To Pay $2.3M Over ICO Violations

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AriseBank, a startup that ran afoul of regulators in the U.S. Rice and Ford lied to AriseBank’s investors by pitching the company as a first-of-its-kind decentralized bank,” said Shamoil Shipchandler, director of the SEC’s Fort Worth regional office. The paper noted that Rice pleaded not guilty in the criminal case.

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Bitcoin Daily: Some Safeway Stores To Give Bitcoin As Change; Canadian ICO Consultant CoinLaunch To Pay $50K Settlement

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According to the regulator’s website , CoinLaunch was consulted on two ICOs, with both determined to be securities. CoinLaunch reportedly created the tokens, white papers and websites, advised on the sale structure and made introductions, which was found to be an act beyond the trade of the security tokens.

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Bitcoin Daily: CoinLaunch Settles With Ontario Securities Commission; BankLine Servicing Crypto Cos

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According to the regulator’s website , CoinLaunch was consulted on two ICOs, with both determined to be securities. CoinLaunch reportedly created the tokens, white papers and websites, advised on the sale structure and made introductions, which was found to be an act beyond the trade of the security tokens.

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The 2023 GonzoBanker Awards

Gonzobanker

Not the financial industry’s “Troublemakers ” – those regional and community banks, credit unions and supporting fintech entrepreneurs who continue to engage customers and communities and find niches that keep the grassroots of our country’s financial system alive and kicking. billion bank in the Mid-Atlantic region.

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What The Launch Of Facebook’s Libra Means For Payments

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They are being asked to contribute their collective experiences in operating global, regulated payments and financial services networks to shape Libra’s charter and frame its governance structure. Facebook says that it is currently in discussions with regulators, who they claim, are eager to engage in conversations with them about it.

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