CRYPTOCURRENCY
Paxos and Standard Chartered Enhance Stablecoin Reserve Management
Paxos partners with Standard Chartered to advance stablecoin reserve management, strengthening digital asset infrastructure and regulatory compliance across global markets.
NVIDIA AI Summit Highlights Safety in Autonomous Driving Technology
Experts at the NVIDIA AI Summit in Washington D.C. discussed the safety standards and technological innovations shaping the future of autonomous vehicles.
Standard Chartered, Animoca Brands, and HKT Collaborate in HKMA Stablecoin Issuer Sandbox
Standard Chartered, Animoca Brands, and HKT are joining forces in the HKMA’s stablecoin issuer sandbox to explore digital asset innovations.
Ripple Expands Digital Asset Custody with Acquisition of Standard Custody & Trust Company
Ripple acquires Standard Custody & Trust Company, strengthening its position in institutional digital asset custody market, enhancing regulatory portfolio and service offerings.
British Standards Institution Pioneers International AI Safety Guidelines for Sustainable Future
BSI's release of the first international AI safety guideline, BS ISO/IEC 42001, marks a significant step in standardizing the safe and ethical use of AI, reflecting global demand for robust AI governance.
Bitcoin's Potential Surge to $200K by 2025
Standard Chartered predicts Bitcoin could reach $200,000 by 2025, contingent on successful U.S. Bitcoin ETFs, with inflows estimated at $50-100 billion.
NIST's Call for Public Input on AI Safety in Response to Biden's Executive Order
NIST is seeking public input to create AI safety guidelines following President Biden's Executive Order, aiming to ensure a secure AI environment, mitigate risks, and foster innovation.
FASB Finalizes New Accounting Standards for Crypto Assets
FASB's new ASU No. 2023-08 mandates fair value measurement for certain crypto assets, enhancing transparency and relevance in financial reporting, effective post-December 2024.
Xbox Teams with Inworld AI for Game Dev AI Tools
Xbox and Inworld AI have partnered to develop AI tools for dialogue and narrative creation, aiming to empower creators in the gaming industry.
EU Council Adopts DAC8 Directive to Enhance Tax Oversight on Crypto Transactions
The Council of the EU has adopted the DAC8 directive to enhance administrative cooperation among national tax authorities concerning crypto-asset transactions and tax rulings for high-net-worth individuals. The directive broadens the scope of assets covered, mandates automatic information exchange, and aligns with global standards set by the OECD and G20 to address challenges posed by the digital economy.