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SK Telecom expands regional metaverse plan with new partnerships
South Korea’s SK Telecom joins forces with Celcom Digi, Agate, and Cosmic Technologies to expand its metaverse platform to a...
Alibaba shuts down quantum computing unit to focus on AI research
Alibaba is closing its quantum computing lab to focus on emerging technologies like generative AI—this move lays off 30 employees...
UK permits tokenization for investment funds
A group set up by the U.K. Treasury proposed allowing licensed investment funds to tokenize assets on DLT if they...
Singapore digital currency rules tightened to discourage speculative activities
The Monetary Authority of Singapore is proposing stricter digital currency guidelines to regulate Digital Payment Token service providers and protect...
California wants to get residents trained on generative AI
California is preparing for artificial intelligence (AI) integration, balancing benefits and risks in a detailed report, aiming for strategic regulation...
US Treasury Deputy says department seeks more authority to fight digital asset crime
As the U.S. untangles digital asset scandals and brings 'crypto' crooks to justice, the Treasury Department is looking to enhance...
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