Regulation

After eight years in Tzukim, the Ursula restaurant is up for sale for 350,000 NIS. Owners cite crushing regulations, remote location challenges, and war impacts as reasons to exit.

The European Banking Authority has classified Circle's USDC as a significant electronic money token under MiCA rules, making it the first EU stablecoin with this status. While granting regulatory legitimacy, the decision imposes strict reserve requirements.

The Israel Securities Authority warned the public against foreign investment websites using Hebrew and AI tools to impersonate local regulated firms, risking investor funds.

AI industry executives warn of a potential catastrophic cyberattack within a year, prompting companies to prepare for political backlash rather than prevention.

OpenAI CEO Sam Altman addressed tough questions during a Vanity Fair interview regarding a tragic suicide linked to ChatGPT, while defending AI accessibility and risk-taking in a separate POLITICO discussion.

OpenAI is rolling out invisible text watermarking via textGrain in the EU to comply with the Artificial Intelligence Act, embedding statistical patterns into ChatGPT and Codex outputs.

Belarusian authorities have approved the registration of the country's first two crypto banks, setting high capital requirements and establishing a dual oversight model.

The Israel Competition Authority investigates the automotive sector amid sweeping reforms and China's new five-year production and AI integration plan. Meanwhile, local dealers debut new electric models from Skoda, Lexus, and GAC.

Popular squishy toys have triggered over 11,500 US poison control center reports since 2024, exposing severe safety gaps, burn risks, and regulatory challenges.

California Governor Gavin Newsom signed an executive order to establish AI safety rules, creating an expert panel to propose independent oversight and emergency shutdown mechanisms.

California has enacted 'Adam's Law' to hold AI developers accountable for child safety, as experts warn about the psychological risks and privacy threats posed by AI toys.

Former U.S. President Barack Obama warned that artificial intelligence could become dangerous without proper regulation, urging Democrats to make AI a central policy issue.

California Governor Gavin Newsom signed landmark legislation banning addictive social media features for minors. Dubbed Adam's Law, the package also restricts AI toys and chatbot interactions.

India's Financial Intelligence Unit launched legal proceedings against 15 foreign crypto exchanges and moved to block their sites for failing to comply with local anti-money laundering laws.

OpenAI officially urges the US Congress to enact mandatory national safety regulations for advanced artificial intelligence technologies to ensure transparent risk management and prevent regulatory fragmentation.

Energy sector experts warn of market stability risks following the Electricity Authority's decision to pause new data center connections due to overwhelming demand.

Two recent incidents in Israel have highlighted a lack of regulatory readiness for electric vehicles. A fire in a Rishon LeZion parking lot exposed infrastructure risks, while a Tesla driver's misuse of semi-autonomous systems underscored the dangers of ignoring safety protocols.

Nir Hirshman, CEO of the Crypto Companies Forum, warns that Israel needs a comprehensive regulatory reform. He argues that without removing barriers, the country risks losing the industry and billions of shekels in GDP.

The US Securities and Exchange Commission (SEC) is promoting an unprecedented initiative allowing entrepreneurs to raise up to $75 million through a simplified regulatory path. This move, aimed at providing legal clarity, could have global implications, including for the Israeli market.

A draft circular published by the Capital Markets, Insurance and Savings Authority is intended to put an end to discounts of tens of percent that insurance companies grant to customers for a limited period of several years, in order to encourage enrollment. "It may influence his judgment at the time of enrollment and bias him away from making an informed decision," they write at the Authority.

The New York City Council has opened a new front against prediction markets, as Council Speaker Adrienne Adams sent investigative letters to four companies operating in the field: Polymarket, Kalshi, Coinbase, and Gemini Titan. The companies were required to answer questions regarding how they market their services and the extent of their compliance with consumer protection laws.

Li Hua's brokerage firm, Futu Holdings, has become one of the main targets in the government's campaign to control the flow of funds from China abroad.

Following a series of fatal accidents, the New York City government has demanded that Amazon and other online retailers immediately remove electric bicycles and scooters that exceed legally permitted speeds. Here are the details of the transportation controversy.

Buying a flight ticket online may soon become a much more confusing task. A new proposal by the Donald Trump administration and the US Department of Transportation seeks to change the rules by which airlines present flight prices to the public, as reported on Friday by CBS.

Russia approves for the first time a legal framework for the trading and mining of digital currencies, but blocks the possibility of using them within the country and grants banks unprecedented enforcement powers.

Media market drama: The "Hatzlacha" association and "Lobby 99" have petitioned the Second Authority for Television and Radio to end businessman Yitzhak Mirilashvili's joint ownership of Channel 14 and an ultra-Orthodox radio station, citing the expiration of legal exemptions.

Following years of regulatory ambiguity, the President of Nigeria has signed a decree to regulate the digital assets market and establish a special oversight body within the central bank.

The new guidelines define which digital currencies can be sold to the public and which assets will be completely disqualified. The local industry responds to the developments and explains what is missing in the published draft.

The Israel Securities Authority has released a draft circular expanding crypto trading options. This marks the third regulatory move in two months, aimed at establishing a transparent financial framework.

The Capital Markets Authority has published a draft circular defining strict criteria for virtual currencies offered by Israeli crypto firms. The move aims to mitigate risks and institutionalize the local digital asset market.

Starting this morning, only entities with a specific license will be allowed to supply electricity to electric vehicles. Among the companies that received approval: Tesla, Paz, and Dor Alon, with the move requiring credit card payment without an application.