The European Union (EU) achieved a breakthrough on the AI Act, establishing a comprehensive legal framework governing the use of artificial intelligence within its jurisdictions. This pivotal agreement aims to regulate AI's deployment across various sectors and sets distinctive guidelines for different categories of AI systems.
JoyChina's Central Bank is reducing US dollar holdings, a strategic shift to strengthen the Yuan and challenge the dollar's global dominance in a move that could reshape international financial power dynamics.
YouQuanDespite a $450 million market cap and signs of a slowdown, trading activity remains robust.
BrianThailand rises as a crypto hub with strong adoption and institutional support, surpassing traditional stock investments.
Hui XinThe Financial Services Commission (FSC) in South Korea issued a notice emphasising the obligation for investors in digital assets to receive interest on their deposits into exchanges by July 2024. Notably, the guidance excludes nonfungible tokens (NFTs) and central bank digital currencies (CBDCs) from this regulation.
JoyThe objective, ostensibly, is to close loopholes and bring the digital asset ecosystem into greater compliance.
BrianSouth Korea's Financial Services Commission proposes regulations, redefining cryptocurrency transactions with a focus on user protection, token exclusions, and liability measures.
Hui XinU.S. presidential candidates from both major parties discuss key cryptocurrency issues, including Tornado Cash and future legislation, at Coinbase's Stand With Crypto event.
YouQuanFIFA transitions to Polygon for its 2026 World Cup digital collectibles, aiming to revitalise its blockchain strategy and offer fans unique, tangible rewards.
YouQuanPenang Free School (PFS), Southeast Asia’s oldest English-medium school, is taking a bold leap into the future of education through a strategic alliance with Crypken Sdn Bhd, a Web3 company. This collaboration marks a pivotal moment for the Malaysian education sector, introducing blockchain-powered certificates for students—a move towards enhanced security, transparency, and a student-centric credentialing system.
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