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09-23-2024
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author

Wahid loves to write, especially about Digital Currency and Blockchain. He started his blogging journey in 2017 and turned to digital currency in 2019. Wahid is interested in tech, chess and DeFi. He aims to promote decentralization to everyone on the planet.

Article by Wahid Pessarlay

Standard Chartered, PwC see potential for programmable CBDCs in China’s Greater Bay Area
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10 June, 2023

Standard Chartered, PwC see potential for programmable CBDCs in China’s Greater Bay Area

The "Co-creating the future ecosystem with Central Bank Digital Currencies" white paper notes that China's Greater Bay Area is prime...
Expert views Hong Kong as China’s digital asset regulatory sandbox
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9 June, 2023

Expert views Hong Kong as China’s digital asset regulatory sandbox

Angelina Kwan, CEO of Stratford Finance and former Hong Kong SFC regulator, hinted that the new rules for digital exchanges...
Japanese regulator warns OpenAI over alleged illegal data collecting methods
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9 June, 2023

Japanese regulator warns OpenAI over alleged illegal data collecting methods

Japan’s Personal Information Protection Commission warned OpenAI to reevaluate its data collection methods and ensure compliance with existing rules.
OpenAI launches $1M grant to support AI-backed cybersecurity initiatives
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8 June, 2023

OpenAI launches $1M grant to support AI-backed cybersecurity initiatives

OpenAI said that it seeks to quantify the cybersecurity capabilities of AI models, empower defenders and elevate the discourse in...
Japan: Experts and researchers raise concerns over AI copyright infringement
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7 June, 2023

Japan: Experts and researchers raise concerns over AI copyright infringement

The top of concern for artificial intelligence (AI) experts in Japan is using copyrighted materials to train AI models, which...
Philippines: SEC delays launch of digital asset regulations over concerns on FTX collapse
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7 June, 2023

Philippines: SEC delays launch of digital asset regulations over concerns on FTX collapse

SEC Chairperson Emilio Aquino said that the rules could be launched before the end of 2023, hinging on the addition...
Australia opens public consultation on banning ‘high-risk’ AI tools
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7 June, 2023

Australia opens public consultation on banning ‘high-risk’ AI tools

The public consultation will run until July 26, with academic and industry players as well as policymakers, establishing ideas on...
India’s central bank is keen on steering G20 toward macro risks posed by digital currencies
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6 June, 2023

India’s central bank is keen on steering G20 toward macro risks posed by digital currencies

While Indian regulators are focused on protecting retail investors, the broader payments ecosystem faces significant risks from digital currencies, according...
Georgian banking regulator to tighten AML screws for digital currency firms
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6 June, 2023

Georgian banking regulator to tighten AML screws for digital currency firms

Acting Governor of the NBG Archil Mestvirishvili confirmed that the Georgian central bank would float new anti-money laundering (AML) directives...
Hong Kong, UAE to develop digital asset regulations, boost financial cooperation
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6 June, 2023

Hong Kong, UAE to develop digital asset regulations, boost financial cooperation

The central banks of the UAE and Hong Kong forge closer ties in regulating digital assets as part of their...
Qatar needs to ramp up efforts to combat money laundering: FATF
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5 June, 2023

Qatar needs to ramp up efforts to combat money laundering: FATF

Qatar is in danger of being put under Financial Action Task Force’s grey list after the global regulator called out...
Funds on payment platforms may not be FDIC insured, US regulators warn
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5 June, 2023

Funds on payment platforms may not be FDIC insured, US regulators warn

The U.S. Consumer Financial Protection Bureau advises the public to be cautious in storing funds on payment platforms, stressing that...

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