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Kraken sued in Australia over failure to explain product to customers
Bit Trade, Kraken’s provider in Australia, faces a lawsuit after Australia’s securities regulator determined it failed to comply with the...
UK anti-trust regulator pushes against AI monopoly by industry players
Competition and Markets Authority, the U.K.'s anti-trust regulator, calls for AI guardrails to prevent monopolies as it leads efforts to...
Citi offers blockchain fractional bond custody and tokenized deposits
Citi became custodian of full denomination bonds in 2021, but now custodies fractional bonds too; Citi also launched tokenized deposits...
HSBC, HKUST partner on e-HKD CBDC pilot to complement banking regulator efforts
HSBC and HKUST Business School collaborate on a hypothetical e-HKD pilot to aid Hong Kong Monetary Authority in CBDC development,...
UnionBank of the Philippines secures VASP license to offer digital asset services
Bangko Sentral ng Pilipinas has granted UnionBank of the Philippines with a VASP license, allowing it to provide wide range...
Google’s ChatGPT challenger nears commercial launch
Google's upcoming AI model, Gemini, is poised to challenge ChatGPT's dominance with its offer of multimodal capabilities, allowing for potential...
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