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As more industries unravel and develop artificial intelligence use cases, the AI industry is projected to grow to as high as $1 trillion by the end of 2030; however, concerns over the technology remain.
Sam Bankman-Fried has been sentenced to 25 years in prison for the criminal fraud that led to the downfall of his FTX exchange and the theft of billions of dollars from his former customers.
Experts forecast that Hong Kong could add $20.5 billion to its economy by 2032 as it ramps up CBDC and tokenization initiatives, while the growth of the Web3 sector is also seen as a contributor.
Following the Financial Conduct Authority’s approval two weeks ago, the LSE has revealed it will accept applications from issuers starting April 8, with the launch scheduled for May 28.