Europe's Landmark Move to Shape Ethical AI Use
Europe's Artificial Intelligence Act marks a historic step, introducing stringent regulations for ethical and responsible AI usage, balancing innovation with fundamental rights protection.
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11/07 21:08
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European Union’s AI Act: Regulations, Tiers, and Implications Explained
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.
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China'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.
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Thailand rises as a crypto hub with strong adoption and institutional support, surpassing traditional stock investments.
Hui XinSouth Korea Excludes NFTs and CBDCs from Mandatory Interest for Digital Assets
The 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.
JoyUS Senator Elizabeth Warren Pushes New Bill To Further Regulate Crypto, Bitcoin
The objective, ostensibly, is to close loopholes and bring the digital asset ecosystem into greater compliance.
BrianSouth Korean Regulatory Visionaries Propose Unprecedented User Protection Rules
South Korea's Financial Services Commission proposes regulations, redefining cryptocurrency transactions with a focus on user protection, token exclusions, and liability measures.
Hui XinUS Presidential Hopefuls Delve into Crypto Issues at Stand With Crypto Event
U.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's Strategic Pivot: Embracing Polygon for 2026 World Cup Digital Collectibles
FIFA transitions to Polygon for its 2026 World Cup digital collectibles, aiming to revitalise its blockchain strategy and offer fans unique, tangible rewards.
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