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Enforcement
    • Ripple’s CEO criticized the SEC’s planned $2B securities violation lawsuit, highlighting a series of contested SEC actions against Ripple, including claims of selling unregistered securities. Ripple now focuses on payments in the US. The SEC has not issued clear rules on when crypto activities constitute securities needing registration.
Regulatory Change
    • The SEC has adopted long-anticipated climate change disclosure rules for public companies, effective 60 days after publication in the Federal Register. These rules, reflected in amendments to various SEC regulations, aim to standardize climate-related disclosures for companies of all sizes and industries.
Artificial Intelligence
    • McKinzie recently published an article about the differences between artificial intelligence (AI) and artificial general intelligence (AGI). The article details the eight capabilities AI needs to master before achieving AGI.