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Business

Massachusetts probes AI use in securities industry amid heightened concerns over tech
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12 August, 2023

Massachusetts probes AI use in securities industry amid heightened concerns over tech

Massachusetts has launched a formal investigation into the application of artificial intelligence in securities, focusing on potential conflicts of interest...
Russian banks want legislation to prevent compulsory digital ruble usage
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11 August, 2023

Russian banks want legislation to prevent compulsory digital ruble usage

Although Russia has said the digital ruble will be optional, banks want that embedded in legislation as they say their...
Federal Reserve to oversee digital asset activities for US banks
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11 August, 2023

Federal Reserve to oversee digital asset activities for US banks

Under a new program, the Federal Reserve will expand its oversight on novel banking activities like digital assets and other...
Disney builds task force to improve operations amid growing anti-AI sentiments
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11 August, 2023

Disney builds task force to improve operations amid growing anti-AI sentiments

Disney strengthens its AI task force to pioneer innovative applications across the company, aiming to cut costs, enhance theme park...
SEC to appeal XRP ruling in Ripple case
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11 August, 2023

SEC to appeal XRP ruling in Ripple case

The U.S. securities regulator will file an "interlocutory appeal" of a ruling in its case against Ripple Labs related to...
It’s ‘DREX,’ not digital real: Brazil unveils the name of its CBDC
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11 August, 2023

It’s ‘DREX,’ not digital real: Brazil unveils the name of its CBDC

DREX is an acronym for digital real electronic transactions, with its logo depicting two arrows that signify the evolution of...
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