With controversy over other forms of regulation, state money transmitter licensing is the only common regulator for cryptocurrency businesses. But the inconsistent, reactive nature of these regulators is a poor fit for protecting consumers and the market.

FTX co-founder Sam Bankman-Fried is laying the groundwork for a defense that argues he relied upon the advice of a prominent Silicon Valley law firm in taking many of the actions for which he is now facing fraud charges.

A former Coinbase Global product manager and his brother agreed to settle insider trading charges relating to crypto asset securities, SEC said in a statement.

The US Commodity Futures Trading Commissionis warning firms that they will face more scrutiny if they provide clearing services for digital-asset transactions.

A New Hampshire federal court dismissed a cryptocurrency user’s constitutional challenge to the IRS’s seizure of his records without prior notice.

Binance is discussing a proposal to let some of its institutional clients keep their trading collateral at a bank instead of with the crypto platform, a step that could help reduce counterparty risk.

Insurance companies operating in Texas would be restricted to some extent in how they consider ESG factors when setting rates under a measure sent to Gov. Greg Abbott (R).

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said running for public office has crossed his mind amid speculation on his long-term future beyond helming the financial services giant.

A Luminar Technologies Inc. shareholder says the company misled investors by passing off an image of their competitor’s product as their own.

Wells Fargo & Co.’s former head of retail banking, Carrie Tolstedt, agreed to pay $3 million to settle a Securities and Exchange Commission case over misleading investors about a key metric the lender used to gauge success.

Tesla was hit with another worker discrimination suit alleging management fostered a workplace culture rife with racism and sexism.

Tom Sullivan is making another attempt to buy LL Flooring Holdings Inc., the home-improvement retailer he founded about three decades ago.

Biden administration officials are divided over how aggressively new artificial intelligence tools should be regulated — and their differences are playing out this week in Sweden.

A lawyer’s citation of court decisions fabricated by ChatGPT shows the peril of relying on the artificial intelligence chatbot without proper safeguards.

A hacking group suspected of ties to an Asian government has broadened its targets to government agencies in countries including Indonesia and Thailand, carrying out cyber-espionage as recently as April, cybersecurity firm Group-IB says.

Pasich’s Peter Halprin writes that a recent New Jersey appellate court opinion puts cyber and property insurers on notice that boilerplate war exclusions won’t bar coverage for cyberattacks, but insured companies should still brace for court challenges.

Bristol Community College negligently failed to protect the personal information of more than 56,000 students in connection with a December data breach, a new proposed federal class action alleges.

Hedge fund manager Ken Griffin has called on a Florida district court to allow his lawsuit to proceed against the IRS for allegedly failing to protect his confidential financial information, arguing that he made a plausible claim that tax records were leaked to the press.

A lawyer’s citation of court decisions fabricated by ChatGPT shows the peril of relying on the artificial intelligence chatbot without proper safeguards.

Texas is on its way to bolstering gas power plants to augment the state’s independent electric grid.

Insurance companies operating in Texas would be restricted to some extent in how they consider ESG factors when setting rates under a measure sent to Gov. Greg Abbott (R).

A Republican legislator could have been a roadblock.

Pasich’s Peter Halprin writes that a recent New Jersey appellate court opinion puts cyber and property insurers on notice that boilerplate war exclusions won’t bar coverage for cyberattacks, but insured companies should still brace for court challenges.

Minority Corporate Counsel Association president Jean Lee contends that data misrepresents both progress and challenges in AAPI communities, which she says are often underrepresented in corporate DEI conversations and in law firms.