Dubai regulator sets compliance deadline for updated crypto rules

Dubai’s crypto regulator has given licensed digital asset companies until June 19 to comply with its updated activity-based Rulebooks to enhance market integrity and risk oversight.  On May 19, Dubai’s Virtual Assets Regulatory Authority (VARA) announced that it had released Version 2.0 of the Rulebooks.  The regulator said it had strengthened controls around margin trading…

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DOGE can keep accessing government data for now, judge rules

A US federal judge declined to block Elon Musk and his Department of Government Efficiency (DOGE) from accessing or transferring data from seven government agencies, or stop further firings of their workforce. DC District Court Judge Tanya Chutkan denied a temporary restraining order (TRO) sought by a group of 14 Democratic state attorneys general, led…

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AI pioneer Fei-Fei Li warns policymakers not to let sci-fi sensationalism shape AI rules

Fei-Fei Li, the Stanford researcher who also founded World Labs, was invited to the Grand Palais in Paris on Monday to give the opening speech at the Artificial Intelligence Action Summit which is taking place this week. While she shared some of her talking points over the weekend, her stance on AI regulation and the…

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