California Governor Gavin Newsom signs a bill to regulate the crypto industry in the state requiring companies to obtain a license.

California Governor Gavin Newsom on Friday signed the bill to regulate crypto in the state. The California legislature passed the crypto bill in …

Ferrari has started to accept payment in cryptocurrency for its luxury sports cars in the U.S. and will extend the scheme to Europe following requests from its wealthy customers, its marketing and commercial chief told Reuters. The vast majority of blue-chip companies have steered clear of crypto as the volatility of bitcoin and other tokens renders them impractical for commerce. Patchy regulation and high energy usage have also prevented the spread of crypto as a means of payment.

The SEC is yet to give a concrete answer to Coinbase's petition, despite it being filed over a year ago, but says SEC staff have provided a recommendation to the agency.

Bloomberg analyst says that the SEC and Grayscale will begin discussions on spot Bitcoin ETF as soon as next week.

Potential artificial intelligence regulations are now being sprung into action. The European Union is one of several global regulators seeking to create stricter laws for AI applications. Credo AI Founder and CEO Navrina Singh says the company aims to ease the compliance burden for companies big and small. "There's a lot of critical requirements around transparency [and] risk management" in the EU's new AI law, Singh tells Yahoo Finance, insisting that compliance leaders are essential. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Bitcoin's price rose after reports that the SEC does not plan to appeal a court ruling over a bid from Grayscale Investments for a spot ETF.

The SEC's decision not to challenge an August ruling means that it will be required to revisit Grayscale's application.

The SEC is not planning to appeal a high-profile ruling involving Grayscale Investments, Reuters reported on Friday.

How Hamas leverages the anonymity of crypto for funding, the efforts of global law enforcement, and the call for stronger regulations.

Defense attorneys representing Sam Bankman-Fried petitioned the court to allow them to pursue a case theory which included users' understanding of FTX's terms of service.

SEC Chair Gensler declined to comment on a potential appeal to a high profile Grayscale ruling as the deadline for that filing approaches.

An EU markets regulator has warned of multiple risks stemming from DeFi, and proposed a way to categorize smart contracts.

Coinbase's tax leader has requested the IRS to reconsider its proposed cryptocurrency tax guidelines.

BlockFi CEO Zac Prince blamed Alameda Research and FTX for his firm's bankruptcy in court on Friday in Sam Bankman-Fried's ongoing trial.

G20 adopts IMF-FSB Synthesis Paper on crypto regulation

Tether's Chief Technology Officer (CTO) Paolo Ardoino will takeover as Chief Executive Officer (CEO) in December.

G20 finance ministers say the document is necessary to achieve the overall goals of macroeconomic and financial stability.

Will Bitcoin ETFs get the green light? Nitin Gaur of State Street believes it's just a matter of time. Dive into his views on regulation and Bitcoin's future.

G20 adopts comprehensive framework for crypto regulation

High-level recommendations include cross-border cooperation and information sharing between regulators.

G20 Finance Ministers and Central Bank Governors Unveil Crypto Roadmap for Global Regulation and Cooperation in Marrakesh Communique.

Coinbase challenges IRS's proposed crypto tax regulations

Terraform has filed a motion to compel Citadel Securities to comply with a request to hand over trading data and documents.

G20 Finance Ministers and Central Bank Governors have issued a joint communique in Marrakech, Morocco announcing unanimous adoption of a comprehensive roadmap aimed at regulating crypto assets. Read on to learn more.

X, formerly Twitter, is being probed by the European Commission for permitting "violent and terror-related material" connected to the Israel-Hamas conflict on its platform. The EU's Industry Chief, Thierry Breton, cited a new digital media law to give X a 24-hour ultimatum to stop the spread of misinformation. X CEO Linda Yaccarino published a letter Thursday informing of steps being taken to rectify the situation. University of Buffalo Communications Professor Yotam Ophir joins Yahoo Finance to discuss the probe and situation at hand. Ophir outlines the dire situation and challenge of misinformation on the platform and whether or not individuals could help: "The amount of misinformation on X is beyond something that individuals like you and me can fix. It's a systematic problem that has to do with regulation in the United States... At the moment, putting the burden of identifying truth and false during the conflict, full of uncertainty, on individuals, on citizens, on users is just not reasonable in my view." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.

Ultium Cells LLC, the battery venture jointly owned by LG Energy Solution and General Motors Co. faces a $270,000 fine after the US Occupational Safety and Health Administration found 19 violations following an explosion in March.

Forcing web businesses to get licensed and requiring some apps to pay phone networks will ultimately hurt startups.

Facebook-parent has spent thousands of hours stress-testing new AI chatbots but “can’t guarantee” they won’t say “something unwelcome.”

Microsoft Corp. signed its first-ever long-term deal to procure renewable energy in Japan, as the tech giant rushes to meet ambitious green goals for its data-centers and operations.

Elon Musk’s X faces further intense scrutiny in the European Union after regulators demanded answers over concerns about “illegal” and even “terrorist” content on the social media platform.

Canada’s main banking regulator flagged elevated borrowing costs as a growing risk to the country’s financial system, as housing and commercial real estate remain top vulnerabilities.

Chairman of the U.S. House Oversight and Accountability Committee James Comer has threatened to subpoena documents the Securities and Exchange Commission has failed to provide since June.

Social media activity from Caroline Ellison and Binance CEO Changpeng Zhao was front and center in the criminal trial of Sam Bankman-Fried on Oct. 12.

Coinbase thinks proposed tax regulations will impose "unprecedented, unchecked, and unlimited tracking on the daily lives of Americans."

The U.S. Federal Trade Commission (FTC) announced on Oct. 12 that it has reached a settlement with the failed crypto lending company Voyager Digital.

Genesis agrees to pay $175 million to FTX after a lawsuit, amidst bankruptcy and halted customer withdrawals.

A former chief executive pleaded guilty on Thursday after prosecutors said he engaged in a "cherry-picking scheme"involving crypto futures.

China has opened an industrial park for the development of the yuan central bank digital currency in Shenzhen with nine residents and more expected.

Prospects for a more permanent U.S. House speaker are not looking up, which could kick cryptocurrency legislation further down the road.

The Commodity Futures Trading Commission charged Voyager co-founder Stephen Ehrlich with fraud and failing to register with the agency.

Voyager Digital filed for bankruptcy in July 2022 amid the crypto market downturn, but U.S. regulators have still charged the platform and former CEO with defrauding users.

Ripple pushes for broader crypto regulations amid ongoing SEC lawsuit

The document was authored by Bankman-Fried and accuses Binance of being in engaged in a “PR campaign against us” and claimed it leaked the Alameda balance sheet to the media.

FTX’s collapse and the crypto winter helped regulators familiarize themselves with the rapidly evolving crypto industry, said Christina Rolle of the Bahamas Securities Commission.

Voters have let the DAO’s Treasury “sell all tokens that it is permitted to sell” if needed.