The top U.S. automotive safety regulator has opened a new investigation into Tesla’s so-called “Full Self-Driving (Supervised)” software after four reported crashes in low-visibility situations — including one where a pedestrian was killed. The National Highway Traffic Safety Administration’s (NHTSA) Office of Defects Investigation (ODI) announced Friday that it is probing the driver assistance system […]
Cruise gets $1.5 million penalty for keeping pedestrian crash details from safety regulator
General Motors’ self-driving subsidiary Cruise must pay a $ 1.5 million penalty to the National Highway Traffic Safety Administration, after its initial reports to the safety regulator about last year’s pedestrian crash omitted that the company’s robotaxi dragged the woman 20 feet. The penalty is part of a consent order announced by the regulator on […]
UK’s internet regulator warns social media platforms over risks of inciting violence
The U.K.’s internet regulator, Ofcom, has published an open letter to social media platforms raising concerns about the use of their tools to incite violence. The development follows days of violent civil unrest and rioting in towns and cities around the United Kingdom after the slaying of three young girls in a knife attack in […]
Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments
The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution, to advance new fintech and crypto-regulated instruments to the market. Argentinian Securities Regulator Assigns Fintech […]
Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. Dubai Licenses Binance and FTX Cryptocurrency exchanges FTX and Binance have been licensed by Dubai’s Virtual Asset Regulatory Authority (VARA). The regulator was established last week […]