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Business

Chinese regulators plot tighter controls for AI services amid rising interest
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16 April, 2023

Chinese regulators plot tighter controls for AI services amid rising interest

The latest AI regulations include the need for service providers to ensure their content is in line with IP laws...
Hong Kong’s ZA bank will offer digital currency to fiat conversions: report
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16 April, 2023

Hong Kong’s ZA bank will offer digital currency to fiat conversions: report

ZA Bank CEO Ronald Iu disclosed that the digital bank plans to offer settlement services in the yuan, U.S. dollars,...
France hints at rapid development in metaverse sector
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15 April, 2023

France hints at rapid development in metaverse sector

France joins several countries in building its metaverse industry and is dead set on developing "virtual immersive universes" in various...
India G20 presidency wants common digital currency regulation, Nirmala Sitharaman says
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15 April, 2023

India G20 presidency wants common digital currency regulation, Nirmala Sitharaman says

The Finance Minister stated that with a global outlook on digital currencies, bad actors could not profit from regulatory arbitrage...
Former HKMA chief leads Hong Kong’s new Web3 institute
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15 April, 2023

Former HKMA chief leads Hong Kong’s new Web3 institute

Norman Chan, former head of the Hong Kong Monetary Authority, will head the new body while China Mobile International CEO...
IMF reminds policymakers of need for tighter digital currency regulations
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15 April, 2023

IMF reminds policymakers of need for tighter digital currency regulations

The IMF insists that stringent laws and heightened monitoring of the digital asset market are crucial to prevent the recurrence...
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