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Business

Hong Kong to strengthen digital currency regulations after JPEX collapse
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24 September, 2023

Hong Kong to strengthen digital currency regulations after JPEX collapse

Hong Kong is responding to the collapse of JPEX with stricter regulations for digital currency providers, emphasizing investor protection and...
South Koreans hold $100M in overseas digital assets amid tax rule review
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24 September, 2023

South Koreans hold $100M in overseas digital assets amid tax rule review

South Korea may revamp its tax system to tackle unreported overseas earnings in digital assets, while Indonesia plans to tax...
US Authors Guild new class-action lawsuit targets OpenAI over breach of copyright rules
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23 September, 2023

US Authors Guild new class-action lawsuit targets OpenAI over breach of copyright rules

Authors Guild files class action suit against OpenAI, claiming copyright infringement in training AI models, and seeking redress for the...
India sees UPI success driving CBDC adoption, cross-border transactions as an opportunity to excel
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23 September, 2023

India sees UPI success driving CBDC adoption, cross-border transactions as an opportunity to excel

India's CBDC navigates UPI competition while aiming for cross-border success, considering the digital rupee's journey amidst UPI dominance and its...
NVIDIA-backed Databricks raises $500M for AI expansion
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23 September, 2023

NVIDIA-backed Databricks raises $500M for AI expansion

Databricks secures $500 million in Series I funding, reaching a $43 billion valuation, as it accelerates its generative AI initiatives...
South Korea strengthens digital currency OTC transactions oversight to combat crime
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23 September, 2023

South Korea strengthens digital currency OTC transactions oversight to combat crime

South Korean regulators target OTC digital currency transactions due to rising criminal activity, discussing regulation in a session on 'Criminal...
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