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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European Union’s AI Act: Regulations, Tiers, and Implications Explained
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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.
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