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Article by Steve Kaaru

AI: EU launches research center, Microsoft developing AI chips
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20 April, 2023

AI: EU launches research center, Microsoft developing AI chips

The EU hub will research the impact of the artificial intelligence algorithms used by online platforms, while Microsoft wants to...
US: Reginald Fowler faces 7 years in prison over crypto shadow banking activities
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20 April, 2023

US: Reginald Fowler faces 7 years in prison over crypto shadow banking activities

Reginald Fowler, who ran Crypto Capital Corp, is to be sentenced on April 20 and the DOJ is pushing for...
NYDFS to charge digital asset firms for supervision
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19 April, 2023

NYDFS to charge digital asset firms for supervision

First proposed in December, the new regulation was adopted this week and allows the New York Department of Financial Services...
Digital Currency Group’s Luno exchange cuts off Singaporean users
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19 April, 2023

Digital Currency Group’s Luno exchange cuts off Singaporean users

After laying off 35% of its staff in January, Luno is now ceasing its services in Singapore amid increased regulatory...
Australians lost $150M to digital assets scams in 2022
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19 April, 2023

Australians lost $150M to digital assets scams in 2022

A recent report by the ACCC revealed that scammers swindled $2.1 billion in 2022—a new record—with investment scams accounting for...
EU lawmakers want Europe, US to regulate ‘very powerful AI’
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19 April, 2023

EU lawmakers want Europe, US to regulate ‘very powerful AI’

Members of the European Union Parliament want the EU Commission and President Joe Biden to lead the development of governance...

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