Regulation

Canada’s OSFI seeks feedback on banks’ ‘crypto’ disclosures
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30 November, 2023

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
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28 November, 2023

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
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27 November, 2023

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
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26 November, 2023

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...
Japan turns to AI-based robots for agriculture
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26 November, 2023

Japan turns to AI-based robots for agriculture

Japanese farmers embrace AI as Agrist's cucumber-harvesting robot excels and Inaho leases a tomato harvester to a Dutch farm, hinting...
FTC wants to streamline AI investigations with new measures
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24 November, 2023

FTC wants to streamline AI investigations with new measures

The new measures empower Federal Trade Commission (FTC) employees to issue civil investigative demands to AI developers suspected of breaching...