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Regulation

Peru mulls comprehensive AI framework focused on consumer safety
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20 February, 2024

Peru mulls comprehensive AI framework focused on consumer safety

Looking to replicate the EU's effort to curb AI misuse amid rapid adoption, Peru is drafting a framework geared toward...
EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC
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20 February, 2024

EU Parliamentary Committee votes in favor of ‘digital euro’ CBDC

EU inches closer to having a CBDC after 48 LIBE members voted in favor of the digital euro, but it...
EU AI Act paves the way for regulatory clarity—what does it mean?
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19 February, 2024

EU AI Act paves the way for regulatory clarity—what does it mean?

While critics think that the European Union is over-regulating again with its AI Act, others see this as an advantage...
South Korea to ban unfit exchanges as it ramps up digital asset scrutiny
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18 February, 2024

South Korea to ban unfit exchanges as it ramps up digital asset scrutiny

A three-year license issued to virtual asset service providers (VASPs) in 2021 expires this year, and they have to renew...
MiCA’s treatment of systemic stablecoins is counterproductive for EU: report
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16 February, 2024

MiCA’s treatment of systemic stablecoins is counterproductive for EU: report

Under MiCA, a stablecoin is regarded as of systemic importance if it has over 10 million holders, has over €5...
Isle of Man weighs tougher digital asset regulations
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15 February, 2024

Isle of Man weighs tougher digital asset regulations

The island is considering including ‘crypto’ under the definition of investment, which would subject virtual asset service providers (VASPs) to...
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