Somalia bans Telegram and TikTok over misinformation
Somalia has shut down crypto-friendly messaging app Telegram and gambling site 1XBet, while cryptocurrency investments aren’t banned.
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Kuwait bans crypto and virtual assets transactions
Kuwait’s Capital Markets Authority has officially confirmed the commitment to “absolute prohibition” of virtually all crypto operations in the country.
Thai SEC bans the use of customer crypto assets for lending and investment
Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy.
US House bans members from using all chatbots except ChatGPT Plus
The ban comes less than a week after the House proposed a bill to create a federal artificial intelligence commission.
New York bans CoinEx exchange, seizes $1.7M in crypto assets
CoinEx was shut down for failing to register as a broker-dealer and for "falsely representing itself as a crypto exchange," the NYAG said.
Apple bans ChatGPT use for employees over fear of data leaks
An internal document from the tech giant said that while it develops its own AI technology employee usage of outside AI chatbots will be restricted.
Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler’s Digest, May 7-13
Calls for a boycott of Coinbase over memecoin controversy, Florida’s ban on CBDCs, and the effects of Bitcoin Ordinals on the BTC network.
OpenAI finds fresh support from Japan amid global country-wide bans
Japan shows support for OpenAI's ChatGPT chatbot amid country-wide bans and uncertainties around the world.
‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister
Members of the European Parliament have been discussing the impact of the failure of Silicon Valley Bank, Signature Bank and Silvergate Bank on markets in their jurisdictions.
Microsoft bans cryptocurrency mining on cloud services
Microsoft now requires users to obtain a written pre-approval from the firm in order to use Microsoft Azure for mining cryptocurrencies like Bitcoin.