Business

US comprehensive AI regulation in the horizon following new bipartisan framework
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13 September, 2023

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
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13 September, 2023

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...
Ripple bails out Fortress Trust after hackers steal customer assets
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13 September, 2023

Ripple bails out Fortress Trust after hackers steal customer assets

Ripple's Brad Garlinghouse recently declared that Fortress Trust's Purcell had "built an impressive business with recurring revenue and a strong...
SEC’s Gary Gensler  gets praise and criticism at Senate Banking Committee hearing
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13 September, 2023

SEC’s Gary Gensler gets praise and criticism at Senate Banking Committee hearing

A recent hearing at the Senate Banking Committee saw Gary Gensler grilled on the SEC's track record, highlighting contrasting attitudes...
Bank for International Settlements launches blockchain sustainable finance initiative
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13 September, 2023

Bank for International Settlements launches blockchain sustainable finance initiative

Leveraging the power of emerging technologies, the Bank for International Settlements and the United Arab Emirates open a competition that...
Grab super app Web 3.0 features launched for users in Singapore
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13 September, 2023

Grab super app Web 3.0 features launched for users in Singapore

Grab adds Web 3.0 with NFT vouchers for its Singapore market as it eyes expansion in Southeast Asia.
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