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News

This Week in AI: Microsoft rebrands Copilot, Meta to monetize AI
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29 November, 2024

This Week in AI: Microsoft rebrands Copilot, Meta to monetize AI

Microsoft has introduced its new AI Agents, and Meta has appointed its new Head of Business AI; meanwhile, a report...
SEC bags $8.2B in fines in 2024, over half from Terraform
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29 November, 2024

SEC bags $8.2B in fines in 2024, over half from Terraform

The $8.2 billion penalties and fines bagged by the SEC consisted of $6.1 billion in disgorgement and prejudgment interest and...
Nigeria restarts $35M money laundering case against Binance
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29 November, 2024

Nigeria restarts $35M money laundering case against Binance

Nigeria is amending its Binance lawsuit and prosecuting other local ‘crypto’ firms. In other news, Yellow Card is also in...
Philippine central bank boosts financial literacy with tech
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29 November, 2024

Philippine central bank boosts financial literacy with tech

In an effort to promote financial inclusion, the Philippine central bank organized an event advocating for Filipino empowerment by enhancing...
South Korea’s major parties clash over 20% digital asset tax
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29 November, 2024

South Korea’s major parties clash over 20% digital asset tax

The ruling People Power Party wants to postpone the 20% tax—scheduled to take effect in January 2025—to 2028, while the...
Digital asset ownership legal in China: Shanghai judge
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29 November, 2024

Digital asset ownership legal in China: Shanghai judge

The judge said that digital assets are considered property under China’s law when held by individuals; businesses are not allowed...
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