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Tag: Treasury Secretary

Regulatory and Legislative Update – November 2023

Regulatory and Legislative Update – November 2023December 8, 2023Demetrios TseasRegulatory and Legislative Analysis – GLOBALFATFThe Financial Action Task Force (FATF) is a global money...

Weekly Update #31

Weekly Update #31November 30, 2023CipherTraceMARK COLLINS & DEMETRIOS TSEASRegulatory:NYDFS issues new guidance regarding listing of virtual currencies: On Nov 15, the New York State...

OpenAI makes it official: Sam Altman is back as CEO

OpenAI has made the return of Sam Altman as its CEO official. A Wednesday post delivered the news, sharing two missives sent to OpenAI employees...

US Treasury Takes Firm Stand on Crypto Compliance Urges Industry Action

The cryptocurrency industry, known for its rapid evolution and innovation, is now at a pivotal crossroads with regulatory compliance. The US Deputy Treasury Secretary,...

Sam Altman Is Back At OpenAI. What Does The Turmoil Mean For Microsoft And OpenAI’s Rivals?

Within days of his firing, Sam Altman has reached an agreement to rejoin generative AI giant OpenAI, which has a new board. Altman’s return as...

OpenAI co-founder makes spectacular return mere days after ousting, with the board that fired him mostly swept away

OpenAI co-founder Sam Altman is to return as CEO of the company, mere days after his chaotic firing by a board that seems to...

Altman Reinstated as OpenAI CEO Amid Boardroom Drama

In a dramatic turn of events, OpenAI has announced the reinstatement of its co-founder, Sam Altman, as CEO following an intense period of internal...

Binance Will Exit the US Paying over $7.1 Billion in Settlements

Binance has agreed to enter into a historic corporate settlement by paying over $4.3 billion to settle charges brought by the US Department of...

US Treasury Secretary Janet Yellen on Inflation Battle

On 20 November 2023, U.S. Treasury Secretary Janet Yellen appeared on CNBC’s “Squawk Box” to discuss various economic issues with co-anchor Andrew Ross Sorkin....

Cathie Wood Suggests Gensler Is Hesitant on Bitcoin ETFs Due to Treasury Ambitions

The head of ARK Invest told CNBC that the SEC Chair isn’t actually concerned about potential market manipulation. Ark...

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