Korean FSC Plans to Stamp Out Virtual Asset Money Laundering
The FSC will purportedly provide policy support, encouraging periodic capability evaluations for companies to enhance their anti-money laundering measures.
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Hong Kong stocks closed higher for semiconductor stocks, with GigaDevice (03986.HK) rising 21.8%.
09/07 16:10
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OKX Makes Waves in Brazil: Transforming Crypto Trading with Enhanced Services and Web3 Innovation
OKX's entry into Brazil brings cutting-edge services and Web3 innovation, shaping the future of crypto trading in the region.
Hui XinBlockchain Remittance Company Wind.App Raises US$3.8M
Launched since 2022, Wind.app has facilitated a annualised gross transaction volume (GTV) exceeding $3 million.
BrianVitalik Buterin's Red Alert: Unchecked AI Evolution Threatens Human Existence
Vitalik Buterin warns of an existential threat from uncontrolled AI evolution, advocating for intervention and suggesting brain-computer interfaces as a solution.
Hui XinSingapore's Central Bank Head Predicts Exit of Private Cryptocurrencies
Singapore's central bank head forecasts the decline of private cryptocurrencies for their unreliability. He envisions a future with regulated coins and central bank digital currencies, echoed by Rao, from India's Reserve Bank. The FSB flags risks from complex crypto firms, emphasising the need for robust regulations. The shift towards regulated digital currencies is clear, yet strong oversight remains crucial.
JoyEx-SM CEO Extending K-Pop's Global Reach through Web3, Metaverse, and AI with Titan Contents
Titan Contents, founded by ex-SM Entertainment CEO Nikki Semin Han, is set to revolutionise the global K-pop scene. Bridging East-West talent and leveraging Web3, metaverse, and AI, the company aims to redefine traditional K-pop models. With an expert team, Titan Contents is poised to shape the genre's future, aiming for international success in the dynamic K-pop landscape.
JoyMeta Implements Stricter Rules on AI-Generated Political Ads
Meta disclosed further details regarding its stance on political ads, now demanding advertisers to disclose when they employ artificial intelligence to manipulate images or videos in certain political adverts.
JoyAI-Generated Images Overtaking Authentic Results in Google Search
When searching for the renowned singer "Israel Kamakawiwoʻole" on Google, what surfaces isn't an iconic album cover or a live performance image but an AI-generated depiction. It's an intriguing, albeit fake, portrayal of the artist, redirecting users to the Midjourney subreddit upon click.
JoyThree Sued Cristiano Ronaldo Over Binance Promotion
Cristiano Ronaldo is facing a potential class-action lawsuit following allegations that his endorsement of Binance, a leading cryptocurrency exchange, led to significant investor losses. Filed in a Florida District Court on Nov. 27, 2023, by plaintiffs Michael Sizemore, Mikey Vongdara, and Gordon Lewis, the lawsuit claims Ronaldo's association with Binance resulted in financial losses for investors.
JoyBinance Not Licensed; Philippines’ SEC to Block Within 3 Months
The Philippines' Securities and Exchange Commission (SEC) has initiated steps to restrict access to Binance, the world's largest crypto exchange. This move follows the resignation and guilty plea of Binance's former chief for violating U.S. anti-money laundering laws.
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