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Regulation

India charges Binance $2.2M in penalty for non-compliance; industry praises regulatory prowess
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20 June, 2024

India charges Binance $2.2M in penalty for non-compliance; industry praises regulatory prowess

India's FIU charged Binance a penalty of $2.2 million, saying it was "substantiated" after a scrutiny that included oral and...
FSB Plenary praises progress on addressing financial stability risks relating to digital assets
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20 June, 2024

FSB Plenary praises progress on addressing financial stability risks relating to digital assets

The Financial Stability Board Plenary meeting discussed the general outlook for global financial stability and the progress made in implementing...
Hong Kong Treasury chief: We’re leading in Web3 with digital currency ETFs, enabling regulations
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20 June, 2024

Hong Kong Treasury chief: We’re leading in Web3 with digital currency ETFs, enabling regulations

Christopher Hui had been on a European tour, pushing Hong Kong as the premier Web3 hub with its digital currency...
Philippines: MARINA introduces blockchain-powered system to enhance maritime services
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20 June, 2024

Philippines: MARINA introduces blockchain-powered system to enhance maritime services

Department of Transportation’s undersecretary for Maritime Affairs has announced the introduction of MARINA's Blockchain-Enabled System for Transactions, which is designed...
NATO’s AI strategy could establish responsible use of the technology, AI policy chief says
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19 June, 2024

NATO’s AI strategy could establish responsible use of the technology, AI policy chief says

New additions to existing AI principles include traceability, explainability, reliability, and bias mitigation to prevent discrimination and ensure the accuracy...
Senate Committee approved defense bill calls for AI pilot program, increased quantum computing research
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19 June, 2024

Senate Committee approved defense bill calls for AI pilot program, increased quantum computing research

The proposed defense bill would authorize $878.4 billion for the Department of Defense and $33.4 billion for national security programs...
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