Business

Meta shuts down its responsible AI team following internal restructuring
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21 November, 2023

Meta shuts down its responsible AI team following internal restructuring

Meta is dissolving its Responsible AI team in a mid-November restructuring and is redirecting members to generative AI roles, raising...
Global securities regulators issue new recommendations for digital asset regulation
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21 November, 2023

Global securities regulators issue new recommendations for digital asset regulation

Regulators from 131 jurisdictions worldwide are recommending a set of standard policies similar to those in traditional financial markets, with...
Kraken, Coinbase risk being forced out of US market over illegal securities trading
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21 November, 2023

Kraken, Coinbase risk being forced out of US market over illegal securities trading

The U.S. Securities and Exchange Commission has charged Kraken and Coinbase with selling unregistered securities, revealing asset risks and regulatory...
Spanish regulators call for X probe over fraudulent digital currency ads
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21 November, 2023

Spanish regulators call for X probe over fraudulent digital currency ads

The head of the National Stock Market Commission in Spain strikes social media platforms, particularly X, over alleged fraudulent and...
Monetary Authority of Singapore calls for AI sustainability, draws lessons from ‘crypto’
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21 November, 2023

Monetary Authority of Singapore calls for AI sustainability, draws lessons from ‘crypto’

Singapore is embracing artificial intelligence cautiously, drawing from digital currency lessons, securing substantial investments, emphasizing safety, and implementing robust regulations...
Kazakhstan launches digital tenge, makes first retail payment
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20 November, 2023

Kazakhstan launches digital tenge, makes first retail payment

The National Payment Corporation of Kazakhstan has unveiled the CBDC, which it says integrates VISA and Mastercard, as well as...
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