Business

Stablecoins show promise in payments, but regulatory fragmentation hinders adoption: BIS
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17 April, 2024

Stablecoins show promise in payments, but regulatory fragmentation hinders adoption: BIS

In a new report, the BIS surveyed 11 jurisdictions and their stablecoin approaches, concluding that the lack of harmony presented...
Hong Kong’s digital asset hub drive in full throttle with approval of ETFs
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17 April, 2024

Hong Kong’s digital asset hub drive in full throttle with approval of ETFs

While China remains adamant about embracing digital assets, Hong Kong proudly showcases its friendly stance with the approval of several...
Google trials AI-generated summaries to limited users in US, UK
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16 April, 2024

Google trials AI-generated summaries to limited users in US, UK

To avoid potential pitfalls, Google says it will adopt a slow and steady approach in rolling out its latest service,...
IRS warns ‘crypto’ fans to include digital asset income on tax return … or else
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16 April, 2024

IRS warns ‘crypto’ fans to include digital asset income on tax return … or else

Partnering with Chainalysis, the IRS insisted on the need for digital asset sales to be reported on businesses' tax returns,...
Dogma vs. rights and duties in Digital Asset Recovery
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16 April, 2024

Dogma vs. rights and duties in Digital Asset Recovery

While it has been proven that digital assets can be recovered in most circumstances, certain foundational principles and ideologues remain...
UK competition regulator voices generative AI concerns
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16 April, 2024

UK competition regulator voices generative AI concerns

Addressing mounting concerns over risks in the AI sector, including the concentration of power among tech giants, the CMA proposes...
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