Cinkciarz Wins Judgement in Google Ads Case

The Polish court ordered the owner and the Walutomat website, an online currency exchange service platform, to apologize and pay compensation to, the company from Conotoxia Holding, and donate an additional amount to charity.


FinTech Australia and FDATA Call For CDR Roadmap

The leading Australian peak body of the fintech industry, FinTech Australia, and the global non-profit organization supporting open banking companies, FDATA, have published a joint appeal addressed to politicians calling for the creation of a roadmap for the implementation of consumer data rights (CDR).


NYDFS Fines OneMain for Cybersecurity Violations

Financial Services Superintendent Adrienne A. Harris announced that OneMain Financial Group LLC was fined $4.25 million for cybersecurity violations.


Crypto Bills Hang by a Thread in US

A few drafted crypto-related bills are still left without any resolution in the US, while one may be eliminated altogether

Science & Technology

CFPB Begins to Muscle Up AI Regulations

The American consumer protection service joins a group of organizations that are strengthening their protection tools through the use of artificial intelligence.


Sam Altman Shares His Optimistic View of AI Future

OpenAI CEO Sam Altman, in a speech on the stage of Station F in Paris, answered questions from local entrepreneurs about his idea of the image of the future in the context of the active development and dissemination of artificial intelligence.


Bali Cracks Down on Crypto

Bali authorities will be taking strict measures against tourists paying for goods and services with cryptocurrency

Science & Technology

Microsoft Executive Calls For Faster AI Regulation

Brad Smith, president and vice chairman of Microsoft (MSFT), said that the US government should intensify its activities aimed at creating and subsequently implementing measures to regulate the development and dissemination of artificial intelligence.

Finance & Economics

Credit Suisse Loses Singapore Case Against Georgian Billionaire Ivanishvili

A Singapore court has ordered a unit of Credit Suisse Group AG to pay billionaire Bidzina Ivanishvili $926 million.


OpenAI Launches Grant Program, Expands iOS App

OpenAI is ready to fund the development of proofs-of-concept that could establish democratic processes for overseeing AI, while its iOS app version expands to 45 more countries

Blockchain & Crypto

Japan Tightens Crypto Rules

Already having one of the strictest cryptocurrency regulations in the world, Japan is going to introduce even stricter measures against money laundering in the crypto industry starting from 1 June 2023

Finance & Economics

Citizens Bank to Pay $9 Million Fine Over Credit Card Billing Errors

The Consumer Financial Protection Bureau (CFPB) and Citizens Financial Group were able to reach an agreement on the CFPB complaint.

Blockchain & Crypto

Hong Kong Securities Regulator Starts Accepting License Applications from Crypto Exchanges

Applications for crypto trading platform licenses in Hong Kong will start being accepted on June 1, as soon as existing guidelines are officially updated

Society & Lifestyle

Meta Hit With Landmark $1.3 Billion EU Privacy Fine

The Meta Platforms company in Europe was fined a record amount of $1.3 billion.


Huobi Ordered to Close Operations in Malaysia

Securities Commission Malaysia (SCM) ordered the crypto exchange Huobi Global to stop operations in the country, stating the firm failed to register its business properly

Science & Technology

G7 Countries Seek Common Vision for AI

The leaders of the G7 countries intend to hold a negotiation process, following which a common vision of artificial intelligence will be formed and the goals of its development will be outlined.

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