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Regulation

Meta to halt AI releases in EU due to ‘unpredictable’ regulations
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25 July, 2024

Meta to halt AI releases in EU due to ‘unpredictable’ regulations

Meta joins Apple in blackballing EU users, but unlike the iPhone maker’s anti-competitive reasons, it’s concerned about using public data...
Nigeria begins implementation of national blockchain policy
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23 July, 2024

Nigeria begins implementation of national blockchain policy

The chairman of the steering committee revealed that the implementation had officially started, with NITDA spearheading the initiative on the...
Philippines’ poll watchdog opposes AI ban, advocates for ethical guidelines
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23 July, 2024

Philippines’ poll watchdog opposes AI ban, advocates for ethical guidelines

Instead of imposing an AI ban, the Philippines election watchdog is advocating for ethical guidelines to ensure AI's responsible use...
Last week in AI: Meta suspends AI tools in Brazil; Japanese companies embracing AI; Nvidia, Amazon, OpenAI forms coalition
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23 July, 2024

Last week in AI: Meta suspends AI tools in Brazil; Japanese companies embracing AI; Nvidia, Amazon, OpenAI forms coalition

Last week's news about AI saw Meta's suspension of AI tools in Brazil, Japanese companies' stance on AI, Meta not...
South Korea’s first digital asset law comes into force after year of finessing
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22 July, 2024

South Korea’s first digital asset law comes into force after year of finessing

The Virtual Asset User Protection Act focuses on investor protection and mandate that exchanges keep at least 80% of user...
Hong Kong unveils stablecoin consultation results
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22 July, 2024

Hong Kong unveils stablecoin consultation results

The FSTB and the HKMA conducted the consultation in 2023, and they will release the results “soon” as stablecoin regulations...
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