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Business

EU’s anti-money laundering bill passes final vote
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26 April, 2024

EU’s anti-money laundering bill passes final vote

The latest AML package is part of an increased effort by the EU to combat terrorist financing, and money laundering,...
Mixerdämmerung: Samourai Wallet arrests herald twilight of the ‘crypto bros’
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26 April, 2024

Mixerdämmerung: Samourai Wallet arrests herald twilight of the ‘crypto bros’

The Samourai Wallet founders were charged over conspiracy to commit money laundering and operate an unlicensed money-transmitting business.
Nigeria launches first multilingual LLM trained in local languages
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26 April, 2024

Nigeria launches first multilingual LLM trained in local languages

The new large language model will be trained in five low-resource languages and accented English to reflect Nigerians' diversity and...
Moody’s touts benefits of tokenization for alternative assets
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26 April, 2024

Moody’s touts benefits of tokenization for alternative assets

One of many blockchain use cases, tokenization, is becoming popular as institutions gradually welcome tokenizing alternative assets in an effort...
Vietnamese tech firm teams up with Nvidia for $200M AI factory
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26 April, 2024

Vietnamese tech firm teams up with Nvidia for $200M AI factory

The new AI deal confirms FPT’s status as a member of the Nvidia Partner Network as a Service Delivery Partner,...
OpenAI opens office in Japan amid heightened scrutiny from EU regulators
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25 April, 2024

OpenAI opens office in Japan amid heightened scrutiny from EU regulators

Tadao Nagasaki will be the president of OpenAI Japan, and the AI firm has confirmed a massive hiring spree in...
Nigeria, US to partner on AI, digital economy
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25 April, 2024

Nigeria, US to partner on AI, digital economy

The United States government pledged to work with Nigeria to boost AI development, starting with a conference in two weeks...
BRICS countries consider blockchain-based stablecoin settlements
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25 April, 2024

BRICS countries consider blockchain-based stablecoin settlements

The U.S. dollar could face an enormous challenge as the BRICS alliance eyes the use of stablecoins for settlements in...
Thai CBDC pilot succeeds, but no plans to create one
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25 April, 2024

Thai CBDC pilot succeeds, but no plans to create one

Thailand sees central bank digital currency as a tool that could promote innovation but argues that it is in no...
India, Japan associations ink deal to grow Web3 ecosystem
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25 April, 2024

India, Japan associations ink deal to grow Web3 ecosystem

Under the MOU, BWA and JADA will explore opportunities in Web3 technologies and craft use cases and policies that will...
AI in Regtech is expected to balloon to $6.64 billion by 2028: report
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25 April, 2024

AI in Regtech is expected to balloon to $6.64 billion by 2028: report

The Research and Markets report highlights several factors responsible for the surge of artificial intelligence in regtech, including the requirement...
Canada to enforce new ‘crypto’ tax guidelines by 2026
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25 April, 2024

Canada to enforce new ‘crypto’ tax guidelines by 2026

Canada has pledged to enforce the Crypto-Asset Reporting Framework (CARF), which aligns with OECD standards, one year before they take...