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Business

China updates draft rules governing generative AI platforms
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16 July, 2023

China updates draft rules governing generative AI platforms

The latest changes in the initial rules seek to control the use of AI platforms that are reportedly not in...
FCA shuts down 26 digital currency ATMs illegally operating in UK
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15 July, 2023

FCA shuts down 26 digital currency ATMs illegally operating in UK

Steve Smart, FCA's executive director of enforcement and market oversight, noted that users' funds in digital currency ATMs "will not...
Philippines sees drastic rise in digital payments adoption in 2022: central bank
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15 July, 2023

Philippines sees drastic rise in digital payments adoption in 2022: central bank

In its recent status report, the Bangko Sentral ng Pilipinas notes that the volume of digital payments had grown significantly,...
Banque de France governor proposes EU-focused DLT network for asset tokenization
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15 July, 2023

Banque de France governor proposes EU-focused DLT network for asset tokenization

Under Banque de France Governor François Villeroy de Galhau's proposal, CBDC, tokenized bank deposits, and other digital currencies may be...
Bank of China tests digital yuan SIM card payments using NFC technology
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15 July, 2023

Bank of China tests digital yuan SIM card payments using NFC technology

Aside from the CBDC functionality, the Bank of China stated that the SIM cards may support several applications, including access...
Forbes reveals extent of nChain patent empire—and the campaign to destroy it
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14 July, 2023

Forbes reveals extent of nChain patent empire—and the campaign to destroy it

The work of nChain and its chief scientist Dr. Craig Wright was the subject of a Forbes cover story which...
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