Business

SK Telecom expands regional metaverse plan with new partnerships
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3 December, 2023

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
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3 December, 2023

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
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2 December, 2023

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
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2 December, 2023

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
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1 December, 2023

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
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1 December, 2023

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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