The Joint Working Group on Emerging Finance (JWEF) has expressed its support for a ‘Sandbox-first approach’ to facilitate the adoption of decentralized finance (DeFi) in India. The group, comprising representatives
Hong Kong has taken a proactive stance in regulating the burgeoning field of generative artificial intelligence (AI) by issuing comprehensive guidelines aimed at safeguarding consumer protection. This move underscores the
Nvidia is tailoring a version of its latest flagship AI chip specifically for the Chinese market, according to sources familiar with the matter. This move comes amidst ongoing US export
China is accelerating its brain-computer interface (BCI) program after successfully demonstrating a monkey controlling a robotic arm with its thoughts. This development signifies China's ambition to become a global leader
DWF Labs, a web3 investor and market maker, has launched a $20 million fund called the Cloudbreak Fund to support Web3 projects and founders in Chinese-speaking regions. This strategic move
Hong Kong has set its sights on decentralized finance (DeFi) and metaverse technologies. Government-backed studies by the Hong Kong Institute for Monetary and Financial Research (HKIMR) highlight these areas as
China's biggest payments app, Alipay, is making waves with its newest feature: an AI-powered "hair loss detector." Nestled within Alipay's "Medical Assistant" mini-app, this tool leverages artificial intelligence to analyze
Hong Kong's pilot program for the digital yuan, China's central bank digital currency (e-CNY), has launched, marking a significant step in the international exploration of CBDCs. However, a key limitation
Chinese authorities have cracked down on a significant underground banking operation involving the popular stablecoin Tether (USDT), according to reports. The racket is estimated to have moved a staggering $1.9
The White House announced on May 13th, 2024, that President Biden has ordered the removal of a Chinese-owned cryptocurrency mining facility located near a sensitive military base in Wyoming. The