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Regulation

California waters down AI safety bill to appease industry opposition
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20 August, 2024

California waters down AI safety bill to appease industry opposition

With input from Anthropic, lawmakers proceeded with the amendments to the SB-1074 bill, including limiting enforcement penalties and criminal perjury...
India central bank: Integration of advanced technologies in financial sector brings opportunities, risks
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20 August, 2024

India central bank: Integration of advanced technologies in financial sector brings opportunities, risks

To mitigate the risks in finance, Shri Swaminathan J said that regulators must adopt a more agile approach, developing regulatory...
Kyrgyzstan proposes new legislation to legalize CBDC
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19 August, 2024

Kyrgyzstan proposes new legislation to legalize CBDC

In April, the Kyrgyz Central Bank conducted a trial for the digital som and has now opened a public consultation...
India has no plans to regulate digital asset sales or purchases
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15 August, 2024

India has no plans to regulate digital asset sales or purchases

While there are no immediate plans to regulate digital asset sales and purchases, India continues to strictly monitor the industry,...
Hong Kong’s digital banks urged to improve services for Web3 firms
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15 August, 2024

Hong Kong’s digital banks urged to improve services for Web3 firms

Hong Kong Legislative Council member Johnny Ng Kit-Chong noted that streamlining banking services in Hong Kong will attract global Web3...
47 VASPs have applied for licensing in Turkey: Capital Markets Board
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14 August, 2024

47 VASPs have applied for licensing in Turkey: Capital Markets Board

Under the country’s capital markets law, which took effect a month ago, 47 virtual asset service providers are currently awaiting...
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