
Business
How CBDCs and stablecoins could impact monetary policy: Fed report
While TradFi has built a reputation that could withstand the test of time, CBDCs and stablecoins are making a name...
Central banks are adopting AI despite inherent risks
Even before artificial intelligence gained mainstream popularity, central banks have been utilizing the technology, according to a study by the...
Hong Kong AI adoption on par with other financial hubs: report
While Hong Kong is seen as a prime environment for artificial intelligence adoption, a survey identified some risks that may...
South Africa shortlists 50 applicants for VASP licensing
While over 100 companies applied for the license, the FSCA only forwarded 50 companies to the licensing committee, with some...
HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges
The charges against Xue 'Sam' Lee, accusing him of orchestrating the scheme that took $1.89 billion from its 'investors' between...
CFTC seeks feedback on AI use in compliance, warns against utilization of AI trading bots
The CFTC's call for comment on AI risks and how regulated entities might use the tech in their compliance efforts...