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Regulation

Taiwan introduces its first AI draft bill
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19 July, 2024

Taiwan introduces its first AI draft bill

The bill primarily steers away from specific stipulations, focusing on promoting safety, accountability, risk mitigation and data protection.
Basel Committee on Banking Supervision makes minor update to digital asset rules
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19 July, 2024

Basel Committee on Banking Supervision makes minor update to digital asset rules

The final disclosure framework for banks' digital asset exposures and the updated digital asset standard for banks will come into...
South Korea’s ruling party wants to postpone 20% digital asset tax to 2028
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19 July, 2024

South Korea’s ruling party wants to postpone 20% digital asset tax to 2028

Initially scheduled for 2021, the disputed 20% tax on annual digital currency gains could be postponed if the ruling People...
Romania green lights AI blueprint in line with EU objectives
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18 July, 2024

Romania green lights AI blueprint in line with EU objectives

Romania’s government has approved a national AI strategy that will run until 2027 after a period of regulatory back-and-forth with...
Nigerians demand clear digital asset regulations
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18 July, 2024

Nigerians demand clear digital asset regulations

Industry leaders, startup founders, and the Finance Minister urge the securities regulator to issue a clear policy framework for the...
South Africa issues 63 new VASP licenses, launches probe into 30 unlicensed firms
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17 July, 2024

South Africa issues 63 new VASP licenses, launches probe into 30 unlicensed firms

The FSCA has licensed 138 VASPs from 383 applications, while the FATF warns that 97% of Africa struggles with digital...
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