
Regulation
ChatGPT faces new rival AI model amid Austrian lawsuit for hallucinations
An Austrian NGO accuses OpenAI of being unable to amend incorrect info on ChatGPT, which it says violates the EU’s...
Nigeria’s blockchain industry banks on new digital currency friendly SEC chief
President Bola Tinubu appointed former capital markets tsar Emomotimi Agama as the SEC head at a time when the Nigerian...
US Payment Stablecoin Act could pose trouble for Tether
If the Payment Stablecoin Act passed and applicable bank regulations followed, it would open the door for America's biggest banks...
Stablecoin AML extension necessary for US national security: Brookings Institute
Former CFTC Chair Timothy Massad said stablecoins may put the U.S. national security at risk because of their bearer nature,...
UK competition regulator scrutinizes big tech ‘partnerships’ in AI industry
The U.K.'s Competition and Markets Authority is inviting views on whether AI partnerships and other arrangements between the big techs...
South Africa’s digital payments roadmap includes CBDC, stablecoins
South Africa is marching toward Vision 2025 payments digitalization, with the central bank identifying stablecoins and a retail CBDC as...
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