
Article by Wahid Pessarlay
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6 July, 2023
Singapore orders digital currency firms to keep customer funds ‘under statutory trust’
Under the new measures, digital currency firms in Singapore are expected to "segregate customers' assets from its own assets and...
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5 July, 2023
Tech executives slam EU’s AI regulation over stifling innovation
The coalition argues that the proposed rules could force leading AI researchers out of the region, while the European Union...
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5 July, 2023
India central bank turns to cross-border functionality despite advocating for cautious CBDC development
The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
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5 July, 2023
China Mobile establishes metaverse alliance amid several big tech operations
One of the alliance's objectives is to improve metaverse development in China; it also plans to create an investment fund...
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4 July, 2023
Dubai VARA releases schedule of fees for digital asset-related activities
Proprietary traders of digital currencies looking to operate in Dubai will be required to possess a no-objection certificate (NOC), according...
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4 July, 2023
OpenAI slammed with class-action lawsuit over alleged data theft
The lawsuit alleges that OpenAI breached the Electronic Communication Privacy Act, Computer Fraud and Abuse Act, California Invasion of Privacy...
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