Regulation

Philippines’ poll watchdog opposes AI ban, advocates for ethical guidelines
-
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
-
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
-
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
-
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...
Taiwan introduces its first AI draft bill
-
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
-
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...
Advertisement