As the world races to regulate high-level AI systems, Switzerland is taking a more “tech natural” approach, focusing on sector-based use cases while still having a major voice on the global stage. Source link
Worldcoin agrees to suspend activities in Spain until the end of the year or until a resolution is reached by the German data authority in ongoing data protection investigations. Source link
The EU’s top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID. Source link
According to Dr. Jonas Gross, CEO of Hakata, zero-knowledge proofs (ZKPs) could be the key to enhancing privacy and security in the EU’s groundbreaking digital identity and wallet regulation. Source link
EU Council agrees on regulation to expand EuroHPC’s supercomputing role, adding AI factories to boost Europe’s AI ecosystem and support startups. Source link
Amid the global race to obtain high-level AI models, legislators in the U.S. have unveiled a new bill that would make it easier to ban exports of AI tech to safeguard against mal-intended foreign actors. Source link
A convenience store in South Korea is offering Bitcoin meal boxes in collaboration with the local exchange Bithumb where customers can win small amounts of Bitcoin with their purchase. Source link
The Philippines Securities and Exchange Commission head Kelvin Lee clarified in a panel on Dec. 13 that a ban on Binance would come into effect three months after its advisory was issued. According to a report from local news BitPinas, Lee said there has been a lot of confusion on the internet about the ban…
Read more
The Singaporean government released its updated national strategy for artificial intelligence (AI) 2.0 on Dec. 4, in which it outlined how it plans to embrace innovation and tackle the challenges coupled with the technology. Singapore structured its AI strategy into three distinct systems, consisting of ten “enablers,” which drive those systems and then 15 action…
Read more
The cryptocurrency exchange Bybit released its fourth quarter report on Dec. 4, highlighting and comparing trends between its institutional and retail investors. The report found that institutional traders had some 45% of their assets in stablecoins, with the remaining split 35% in Bitcoin (BTC), 15% in Ether (ETH) and only 5% in altcoins, which the…
Read more