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Hong Kong AI adoption on par with other financial hubs: report
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1 February, 2024

Hong Kong AI adoption on par with other financial hubs: report

While Hong Kong is seen as a prime environment for artificial intelligence adoption, a survey identified some risks that may...
Blockchain tech leveraged to simulate chemical reactions forming the origins of life
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31 January, 2024

Blockchain tech leveraged to simulate chemical reactions forming the origins of life

Experts are utilizing blockchain tech beyond finance and mining digital currencies, reengineering the network and integrating it with AI and...
South Africa shortlists 50 applicants for VASP licensing
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31 January, 2024

South Africa shortlists 50 applicants for VASP licensing

While over 100 companies applied for the license, the FSCA only forwarded 50 companies to the licensing committee, with some...
HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges
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31 January, 2024

HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges

The charges against Xue 'Sam' Lee, accusing him of orchestrating the scheme that took $1.89 billion from its 'investors' between...
CFTC seeks feedback on AI use in compliance, warns against utilization of AI trading bots
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31 January, 2024

CFTC seeks feedback on AI use in compliance, warns against utilization of AI trading bots

The CFTC's call for comment on AI risks and how regulated entities might use the tech in their compliance efforts...
FSB published work program for 2024—digital currency oversight front and center
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31 January, 2024

FSB published work program for 2024—digital currency oversight front and center

The Financial Stability Board has released its 2024 work program and plans to take a closer look at tokenization, including...
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