11/21/2023
Mastercard and Feedzai unite to fight crypto fraud with AI
Fraud and crypto have long been intertwined.
Legal,Regulation,Tax & Compliance
11/16/2023
Singapore develops generative AI risk framework
A platform-agnostic GenAI reference architecture was also developed, providing a list of the building blocks and components that organisations can use to create robust enterprise-level technology capabilities.
11/15/2023
Navigating the complexities of RegTech: Essential steps for compliance success
Defining corporate entities is a holistic exercise akin to creating a detailed map of your organization
11/15/2023
MAS kickstarts new round of asset tokenization pilots
Singapore's central bank is additionally opening a new Project Guardian funds workstream focused on the native issuance of Variable Capital Company (VCC) funds on digital asset networks.
11/15/2023
Commerzbank granted crypto custody licence
The initiative recognises the de-thawing of banking interest in the market following the recent 'crypto-winter'.
11/14/2023
Crypto.com wins Dubai licence
Once approved, the Virtual Assets Service Provider licence will allow Crypto.com to offer various services in-market to retail and institutional investors
11/14/2023
Spain legislates for first EU AI Act regulatory sandbox
The Royal Decree also establishes the creation of an AI advisory committee made up of independent technical experts.
11/13/2023
The future of estate planning - How to prepare your digital inheritance
As with all other forms of estate planning, a Will is important to clarify how you would like to leave your assets.
11/13/2023
Lloyds warns over surge in crypto scams
The most common age range for crypto scam victims is 25 to 34 year olds, who make up a quarter of all cases.
11/07/2023
Dubai regulator VARA wants virtual asset firms to get licensed by November 17 - failure invites 'enforcement'
Virtual asset businesses lagging on applications must get their acts together
11/07/2023
Jifiti lands EMI license in Europe
The EMI license will mean Jifiti can broader its range of payment products and services to banks and lenders
11/06/2023
Resolution IT achieves Microsoft Security Partnership
Achieving the Security Partnership with Microsoft is no small feat.
11/03/2023
PayPal receives SEC subpoena over stablecoin
The stablecoin is issued by Paxos and fully backed by US dollar deposits, short-term US treasuries and similar cash equivalents.
11/03/2023
Sam Bankman-Fried found guilty on seven counts for multi-billion dollar FTX fraud
The verdict marks nearly one year since FTX filed for bankruptcy.
11/03/2023
Musk and Sunak talk AI regulation at the UK’s AI Safety Summit
Sunak noted the growing anxiety that the public feels around AI taking over jobs, and Musk agreed that regulation needs to be heavy-handed to keep the industry in check.
11/02/2023
Remittance app Sendwave hit with CFPB penalty
The firm also told consumers that remittances from the US to Nigeria would incur “no fees” when in fact fees were charged.
10/31/2023
Tokenisation: The blockchain revolution for funds
Although this is a developing area, many billions of assets under management have already been tokenised.
10/30/2023
Why Is Bitcoin's Price Surging?
April 2024 is projected to be a significant month for bitcoin due to its scheduled 'halving'—a pre-coded 50% reduction in the mining reward
10/30/2023
Thought Machine cutting jobs seven months after hiring spree
Thought Machine cutting jobs seven months after hiring spree
10/25/2023
Dutch court blocks national bank’s levies for crypto service providers
The case centred on levies raised in 2021