The article titled “Automated Decision Making: Hoteliers’ Perceptions” provides an in-depth analysis of Bulgarian hoteliers’ attitudes towards AI in decision making, revealing a preference for AI in tasks that do not require emotional intelligence. It also reveals that personal and asset characteristics do not significantly affect their preferences for AI adoption, indicating widespread adoption in … Read more
German authorities have seized 50,000 bitcoins linked to a piracy website, with suspects transferring the digital currency to police wallets, causing uncertainty in cryptocurrency enforcement. German authorities have confiscated a record amount of Bitcoin, valued at approximately 2 billion euros ($2.17 billion). This event, involving the State Criminal Police Office of Saxony and other German … Read more
Terraform Labs files for bankruptcy to challenge a case against the SEC challenging jurisdiction over crypto assets. Amani CEO disputes jurisdiction over cryptocurrency regulation and digital asset classification. Terraform Labs, the company behind TerraClassicUSD, recently filed for Chapter 11 bankruptcy, a strategic move aimed at facilitating an appeal of a case from the US Securities … Read more
The UAE Central Bank achieved an important milestone by executing its first cross-border digital dirham transfer worth 50 million dirhams ($13.6 million) to China using the mBridge platform on January 29, marking a new era in digital currency transactions. On January 29, the Central Bank of the United Arab Emirates (UAE) made a groundbreaking move … Read more
Japan is advancing plans for a digital yen, with the Bank of Japan poised to pilot a CBDC program and the finance ministry preparing an expert panel to tackle the laws, signaling a significant shift in Japan’s traditional cash-centric economy. Japan is actively stepping up efforts to issue a digital yen, a central bank digital … Read more
Binance plans to reduce its majority stake in South Korean crypto exchange Gopax to address regulatory compliance issues following its acquisition in early 2023. Binance, the world’s largest crypto exchange, plans to reduce its shareholding at Gopax, one of the largest crypto exchanges in South Korea. This decision comes in response to the regulatory challenges … Read more
CDDO offers online generative AI courses for government officials, improving digital competencies and promoting the ethical integration of AI into government operations. The UK’s Central Digital and Data Office (CDDO) has recently launched a series of online courses on generative artificial intelligence (AI) designed to improve the digital competencies of civil servants. These courses are … Read more
Tencent’s report underscores its commitment to responsible AI, emphasizing safety and ethical practices in large models, highlighting model security strategies, value alignment, and ethical considerations. Tencent, a major player in the technology sector, recently published comprehensive information report on the safety and ethical considerations of large AI models. This report, titled “Large Model Safety and … Read more
Hong Kong’s SFC mandates 50% insurance coverage for licensed crypto exchanges, with OSL and HashKey Exchange leading compliance by providing extensive insurance policies to protect client assets. Hong Kong’s Securities and Futures Commission (SFC) recently introduced a new regulation that requires all licensed crypto exchanges in Hong Kong to insure at least 50% of their … Read more
ESMA is consulting on exceptions to the callback and classification of crypto-assets as financial instruments, with the aim of harmonizing EU regulations with MiFID II. The European Securities and Markets Authority (ESMA) has recently published two significant advisory documents under the Markets in Crypto-assets (MiCA) Regulation, focusing on reverse attraction and the classification of crypto-assets … Read more