Business

Hong Kong to VASPs: Secure license by February 29 or face shutdown
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9 February, 2024

Hong Kong to VASPs: Secure license by February 29 or face shutdown

As the deadline looms, Hong Kong has reiterated its pledge to shut down all unlicensed VASPs by the end of...
Bank of Russia eyes direct support line for retail CBDC users
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9 February, 2024

Bank of Russia eyes direct support line for retail CBDC users

Since mid-2023, the Bank of Russia has been experimenting with its central bank digital currency, the digital ruble, and a...
South Korea wants digital asset criminals sentenced to life imprisonment
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8 February, 2024

South Korea wants digital asset criminals sentenced to life imprisonment

The new amendments will hand life sentences to any criminal that embezzles over $3.8 million, with the minimum time served...
South Dakota joins Florida, Indiana in passing anti-CBDC bill
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8 February, 2024

South Dakota joins Florida, Indiana in passing anti-CBDC bill

South Dakota’s state Senate passed the bill recently, barring a digital dollar from being defined as money in its UCC,...
Meta ramps up efforts to fight AI-generated deepfakes
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8 February, 2024

Meta ramps up efforts to fight AI-generated deepfakes

As deepfakes grow rampant on social media, Meta works to counter such threats, implementing visible markers on images and embedding...
UK pledges $126M for AI research and training
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8 February, 2024

UK pledges $126M for AI research and training

The £100 million funding will go toward upskilling workers for the AI era, launching nine new AI hubs, and training...
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