Indian Government Issues Advisory on Approval for AI Tools

by Александр Пирогов | Mar 5, 2024 | Blog News

The Indian government has issued an advisory requiring tech companies developing new artificial intelligence (AI) tools to obtain government approval before their release. Released by the Indian IT ministry on March 1, the advisory stipulates that AI tools deemed...

South Korea Investigates Worldcoin Over Personal Data Concerns

by Александр Пирогов | Mar 5, 2024 | Blog News

South Korea’s Personal Information Protection Commission has initiated an investigation into the Worldcoin project following complaints regarding its handling of personal data. The investigation focuses on Worldcoin’s practice of scanning...

Hong Kong’s Securities and Futures Commission Issues Warning on Fake Crypto Exchanges

by Александр Пирогов | Mar 4, 2024 | Blog News

The Securities and Futures Commission (SFC) in Hong Kong has issued a public warning regarding fraudulent websites impersonating licensed crypto exchanges in the region. On March 4, the SFC alerted the public about suspicious websites posing as HSKEX and OSL Digital...

Turkey Set to Advance Cryptocurrency Regulation Post-Election, Says Finance Minister

by Александр Пирогов | Mar 4, 2024 | Blog News

Minister of Treasury and Finance Mehmet Şimşek has provided insights into Turkey’s cryptocurrency regulation efforts, indicating that new legislation is likely to proceed through Parliament following the upcoming election. In a joint broadcast with Habertürk TV...

Indonesia Reevaluates Cryptocurrency Taxation Amid Growing Market Integration

by Александр Пирогов | Mar 4, 2024 | Blog News

Indonesia’s Commodity Futures Trading Regulatory Agency (Bappebti) has urged the Ministry of Finance to review cryptocurrency taxation policies, signaling the increasing significance of crypto in the country’s economy. Executive members at Bappebti cite...

Nigeria Targets Binance Amid Allegations of Financial Crimes

by Александр Пирогов | Mar 4, 2024 | Blog News

Binance, the world’s largest crypto exchange, faces mounting challenges as Nigeria’s House of Representatives Committee on Financial Crimes demands CEO Richard Teng’s appearance by March 4th. The Central Bank of Nigeria accuses Binance of involvement...