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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
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
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
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
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
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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