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Business

China’s Nanjing City district unveils new metaverse ambitions
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18 June, 2023

China’s Nanjing City district unveils new metaverse ambitions

Nanjing City's metaverse roadmap will follow a three-year plan and leverage other innovative technology, including AI, NFTs, and cloud computing.
EU Parliament passes AI Act with member states set to iron out details
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17 June, 2023

EU Parliament passes AI Act with member states set to iron out details

The majority of MEPs backs the proposed AI Act, which if passed, would help the AI industry in Europe comply...
UN warns of AI use to spread online hate and misinformation
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17 June, 2023

UN warns of AI use to spread online hate and misinformation

UN Secretary-General Antonio Guterres is calling for a global body to regulate AI deployment as he criticized social media companies...
Like Hong Kong, UAE wants to become digital currency capital of the world too
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17 June, 2023

Like Hong Kong, UAE wants to become digital currency capital of the world too

The ambitious plan will see the United Arab Emirates moving 50% of all government transactions to the blockchain, a clear...
Russia’s largest commercial bank allows customers access to tokenized assets
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17 June, 2023

Russia’s largest commercial bank allows customers access to tokenized assets

Russian banking giant Sberbank’s new offering will commence before the end of June and will cater to the needs of...
Bitstamp meets steep requirements to register with UK’s financial regulator
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17 June, 2023

Bitstamp meets steep requirements to register with UK’s financial regulator

The new Bitstamp registration brings the total number of licensed firms by the Financial Conduct Authority to 42 as the...
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