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Business

Blockchain will be the backbone of AI and IoT—here’s why
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6 June, 2023

Blockchain will be the backbone of AI and IoT—here’s why

On Day 3 of the London Blockchain Conference, tech experts and entrepreneurs discussed the exciting possibilities of combining AI, IoT,...
SEC sues Binance for ‘calculated evasion’ of US securities law
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6 June, 2023

SEC sues Binance for ‘calculated evasion’ of US securities law

The U.S. Securities and Exchange Commission (SEC) filed 13 charges against Cayman-registered Binance Holdings Ltd, Delaware-registered BAM Trading Services—which operates...
Georgian banking regulator to tighten AML screws for digital currency firms
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6 June, 2023

Georgian banking regulator to tighten AML screws for digital currency firms

Acting Governor of the NBG Archil Mestvirishvili confirmed that the Georgian central bank would float new anti-money laundering (AML) directives...
Hong Kong, UAE to develop digital asset regulations, boost financial cooperation
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6 June, 2023

Hong Kong, UAE to develop digital asset regulations, boost financial cooperation

The central banks of the UAE and Hong Kong forge closer ties in regulating digital assets as part of their...
‘We need to act now’: European tech chief wants EU-US AI code of conduct
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5 June, 2023

‘We need to act now’: European tech chief wants EU-US AI code of conduct

While the European Union’s AI Act will be voted on this month, tech chief Margrethe Vestager says more immediate action...
Qatar needs to ramp up efforts to combat money laundering: FATF
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5 June, 2023

Qatar needs to ramp up efforts to combat money laundering: FATF

Qatar is in danger of being put under Financial Action Task Force’s grey list after the global regulator called out...
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