Business

AI-generated Biden impersonation hits New Hampshire
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3 February, 2024

AI-generated Biden impersonation hits New Hampshire

As the U.S. prepares for local polls, campaigns targeting key political figures to smear their reputation have begun, with criminals...
China AML laws revisions to eliminate digital asset regulatory blind spots
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3 February, 2024

China AML laws revisions to eliminate digital asset regulatory blind spots

China is revamping its anti-money laundering (AML) framework, with digital assets among the key areas the government wants to tighten...
Huawei’s new operating system supports digital yuan transactions
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3 February, 2024

Huawei’s new operating system supports digital yuan transactions

Huawei's HarmonyOS Next will offer "atomicity," a key feature of central bank digital currencies (CBDCs) designed to allow instant settlement...
Worldcoin offices in Hong Kong raided over ‘serious risks’ to data privacy allegations
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3 February, 2024

Worldcoin offices in Hong Kong raided over ‘serious risks’ to data privacy allegations

Hong Kong’s data protection watchdog expressed concern over how Worldcoin is collecting and storing the biometric data, as well as...
Incoming EU and UK laws up the stakes for anti-competitive US big tech
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2 February, 2024

Incoming EU and UK laws up the stakes for anti-competitive US big tech

The days of U.S. tech bullying the ‘little guys’ around the globe may be numbered, at least in the EU...
Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say
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2 February, 2024

Nigeria’s VASP licensing fees are ‘economically unrealistic,’ stakeholders say

Nigeria’s SEC published licensing guidelines for VASPs in 2022 requiring N500 million ($525,000) paid-up capital, which stakeholders say is unrealistic...
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