Global
Global: FTC Initiates Investigation into OpenAI’s Role in AI-Generated Misinformation
The Federal Trade Commission (FTC) has launched an investigation into OpenAI, the developer of the ChatGPT chatbot, to assess potential harm caused by ...
Global
Global: FCA Chief Warns Banks about AI Risks and Big Tech Threat
Nikhil Rathi, Chief Executive of the Financial Conduct Authority (FCA), has called on banks to increase their investments in order to combat the ...
Global
Global: Bank of London Seeks EU Banking Licence, Plans Luxembourg Expansion
The Bank of London, a global clearing and transaction banking startup, has submitted an application for a European banking licence and has committed ...
Global
Global: ECB’s Visco Indicates Approaching Peak in Interest Rates
Ignazio Visco, the Governor of the Bank of Italy, stated on Thursday that the European Central Bank (ECB) is nearing a peak in ...
Global
Global: Google Expands Bard AI Service to 40 New Languages and 59 Countries
Google has announced the expansion of its conversational AI service, Bard, to 40 new languages, including Swahili, marking the first inclusion of an ...
Global
Global: US Dollar Weakens in Anticipation of Inflation Report
On Wednesday (July 12, 2023), the United States (US) dollar index dipped below 101.6, reaching its lowest point in two months, as market ...
Global
Global: UK Government Initiates Consultation for Digital Securities Sandbox
The UK Government has launched a consultation process to establish a Digital Securities Sandbox (DSS), aimed at testing innovative market infrastructures for digital ...
Global
Global: UK Regulator Takes Action Against Illegal Cryptocurrency Machines
The Financial Conduct Authority (FCA) in the UK announced on Tuesday (July 11, 2023)that it has intervened to shut down 26 cryptocurrency machines ...
Global
Global: Survey Predicts 24 Central Banks to Issue Digital Currencies by 2030, BIS Finds
According to a survey conducted by the Bank for International Settlements (BIS), approximately two dozen central banks from both emerging and advanced economies ...
Global
Global: RTGS.global Partners with Banks in Georgia and Tajikistan for Cross-Border Service Pilot
RTGS.global has entered into pilot agreements with MDO Humo in Tajikistan and Credo Bank in Georgia to conduct pilots of its settlement service ...