The Daily Data Room: Friday, June 5th, 2024

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The Daily Data Room is curated by Sílvia Teixeira

Today's headlines include South Korea tightening crypto exchange oversight with a new monitoring system, a German MP urging the government to stop selling Bitcoin, major tech firms acknowledging AI risks in regulatory filings, and Coinbase demanding SEC Chair Gensler’s private emails in their ongoing battle over crypto rules.

• South Korea's Financial Supervisory Service (FSS) intends to tighten regulation of cryptocurrency trading platforms under its authority in order to eradicate fraudulent transactions.

• German MP Joana Cotar sharply opposed the government's recent plan to sell a significant amount of its Bitcoin holdings.

• In recent SEC filings, major technology companies such as Microsoft, Google, Meta, and NVIDIA have underlined the serious risks connected with the development and deployment of AI.

• Coinbase has accused the US Securities and Exchange Commission (SEC) for attempting to prevent "reasonable discovery" from Chair Gary Gensler in their continuing court dispute.

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