
Regulation
Hong Kong maintains 1-year ‘crypto’ exchange grace period despite scams
Any virtual asset service provider (VASP) operating in the special administrative region within this timeframe must obtain a license from...
EU lawmakers vote for increased leadership in metaverse technology that promotes values
Members of the European Parliament gave a nod to an EU report proposing the development of virtual world technologies, such...
Canada’s OSFI seeks feedback on banks’ ‘crypto’ disclosures
The Official of the Superintendent of Financial Institutions wants the public’s input on a proposal to have all federally-regulated financial...
Turkey weighs digital asset regulations to curb ‘system abuse’: report
As one of the world’s largest digital asset hubs, Turkey is focused on licensing and taxing digital asset operations to...
GSB Group draws ire of Texas, California over failed $175M metaverse fundraising scam
GSB Group operated several companies, all of which solicited investment for stakes in a Dubai skyscraper and a metaverse, hiring...
AI technology offers banking industry a wealth of benefits: Bank of America
Bank of America highlights AI's positive impact in banking for productivity but cautions on privacy and cybersecurity risks, aligning with...
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