Global
Global: Meta Unveils CM3Leon- A Breakthrough in AI Image Generation
Meta, formerly known as Facebook, claims to have achieved a breakthrough in AI-powered image generation with its latest model, CM3Leon. The company asserts ...
Global
Global: European Union’s Banking Watchdog Urges Early Adoption of Stablecoin Standards
The European Union’s banking watchdog has called on stablecoin issuers to voluntarily comply with “guiding principles” in managing risks and protecting consumers ahead ...
Global
Global: U.S. Appeals Court Denies FTC’s Request to Halt Microsoft’s Acquisition of Activision Blizzard
A U.S. appeals court has rejected the Federal Trade Commission’s (FTC) plea to pause Microsoft’s $69 billion acquisition of Activision Blizzard, the maker ...
Global
Global: SEC Initiates Regulatory Review of BlackRock’s Bitcoin ETF Application
The United States Securities and Exchange Commission (SEC) has accepted BlackRock’s application for a spot Bitcoin exchange-traded fund (ETF), indicating the start of ...
Global
Global: Swift Successfully Conducts Pilot for Instant Payments across Currency Zones
Swift, in collaboration with several international banks, has completed a successful pilot to process instant payments between different currency zones in a real ...
Global
Global: US Judge Renders Partial Verdict in SEC Lawsuit Against Ripple
Ripple, the cryptocurrency company, has achieved a significant victory in the legal battle against the US Securities and Exchange Commission (SEC). A US ...
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 ...