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regulation

OpenAI applies for GPT-6, GPT-7 trademarks in China: report
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5 December, 2023

OpenAI applies for GPT-6, GPT-7 trademarks in China: report

The ChatGPT maker also applied for GPT-4 and GPT-5 in April and July, respectively, despite not being allowed to offer...
California wants to get residents trained on generative AI
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1 December, 2023

California wants to get residents trained on generative AI

California is preparing for artificial intelligence (AI) integration, balancing benefits and risks in a detailed report, aiming for strategic regulation...
US Treasury Deputy says department seeks more authority to fight digital asset crime
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1 December, 2023

US Treasury Deputy says department seeks more authority to fight digital asset crime

As the U.S. untangles digital asset scandals and brings 'crypto' crooks to justice, the Treasury Department is looking to enhance...
Hong Kong maintains 1-year ‘crypto’ exchange grace period despite scams
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1 December, 2023

Hong Kong maintains 1-year ‘crypto’ exchange grace period despite scams

Any virtual asset service provider (VASP) operating in the special administrative region within this timeframe must obtain a license from...
EU lawmakers vote for increased leadership in metaverse technology that promotes values
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30 November, 2023

EU lawmakers vote for increased leadership in metaverse technology that promotes values

Members of the European Parliament gave a nod to an EU report proposing the development of virtual world technologies, such...
Canada’s OSFI seeks feedback on banks’ ‘crypto’ disclosures
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30 November, 2023

Canada’s OSFI seeks feedback on banks’ ‘crypto’ disclosures

The Official of the Superintendent of Financial Institutions wants the public’s input on a proposal to have all federally-regulated financial...
Turkey weighs digital asset regulations to curb ‘system abuse’: report
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28 November, 2023

Turkey weighs digital asset regulations to curb ‘system abuse’: report

As one of the world’s largest digital asset hubs, Turkey is focused on licensing and taxing digital asset operations to...
GSB Group draws ire of Texas, California over failed $175M metaverse fundraising scam
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27 November, 2023

GSB Group draws ire of Texas, California over failed $175M metaverse fundraising scam

GSB Group operated several companies, all of which solicited investment for stakes in a Dubai skyscraper and a metaverse, hiring...
AI technology offers banking industry a wealth of benefits: Bank of America
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26 November, 2023

AI technology offers banking industry a wealth of benefits: Bank of America

Bank of America highlights AI's positive impact in banking for productivity but cautions on privacy and cybersecurity risks, aligning with...
Japan turns to AI-based robots for agriculture
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26 November, 2023

Japan turns to AI-based robots for agriculture

Japanese farmers embrace AI as Agrist's cucumber-harvesting robot excels and Inaho leases a tomato harvester to a Dutch farm, hinting...
FTC wants to streamline AI investigations with new measures
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24 November, 2023

FTC wants to streamline AI investigations with new measures

The new measures empower Federal Trade Commission (FTC) employees to issue civil investigative demands to AI developers suspected of breaching...
Google makes huge leap with AI-generated music, launches watermarking tool for detection
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23 November, 2023

Google makes huge leap with AI-generated music, launches watermarking tool for detection

Google debuts Lyria, an AI music tool, earning praise, partners with YouTube for testing, and also launches SynthID watermarking for...