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Reserve Bank of India urges self-regulatory body for fintech firms
RBI Governor Shaktikanta Das encourages Indian fintech firms to create a self-regulatory organization (SRO) for innovation and consumer protection, aiming...
Baidu announces 70 new AI models in China amid new regulations
Baidu is launching 70 AI models in response to new Chinese regulations, focusing on generative AI and large language models.
Google commits $20M to responsible AI initiatives
Google's Digital Futures Project allocates $20 million to support responsible AI research and policy solutions, partnering with universities and think...
Luno ceases service for some UK customers amid tough new rules: report
Luno told one news outlet that the Financial Conduct Authority’s new rules, taking effect in October, necessitate a business review...
US comprehensive AI regulation in the horizon following new bipartisan framework
U.S. lawmakers are proposing a comprehensive AI regulation blueprint for licensing, oversight for generative models, facial recognition, and developer liability;...
Thodex exchange founder sentenced to 11,000 years in prison
Thodex went bust with over $2.6 billion, according to blockchain sleuths, and Turkish prosecutors requested the court imprison the founder...
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