Day: 26 May 2023

Gulf Binance, a collaborative project between Binance and Gulf Innova, the innovation arm of Gulf Energy, has received regulatory approval from the Ministry of Finance in Thailand to operate as a digital asset provider.  This regulatory approval enables Gulf Binance to establish and operate a cryptocurrency exchange under the supervision ...

The European Securities and Markets Authority (ESMA) has issued a statement emphasizing the need for investment firms to inform their clients about the regulatory status of the products they offer. The European Union's financial regulatory body specifically addressed the issue of crypto assets and reminded companies that, despite ongoing regulatory ...

ChatGPT's parent company, OpenAI, has launched an initiative to promote democratic participation in the development of artificial intelligence (AI).  In an official statement released on May 25, 2023, OpenAI unveiled its plan to award ten $100,000 prizes to experiments that seek to create a "proof-of-concept" democratic mechanism for determining the ...

Zhengzhou, the capital of China's Henan Province, has introduced a series of legislative proposals designed to support local metaverse businesses and seek to foster industry growth. These initiatives, announced on May 24, 2023, involve the creation of a special fund worth $1.42 billion (10 billion yuan) by the city government. ...

Banco Central do Brasil is set to expand its Digital Real Pilot Program in mid-June 2023 to include additional participants. In an update on May 24, 2023, the Brazillian central bank revealed the final list of participants selected for the CBDC pilot program. A total of 14 participants were chosen ...

Gemini has chosen Dublin as the hub for its European operations in a significant move to expand its operations beyond the United States. This was revealed in an announcement on May 25, 2023, by the Irish Prime Minister, Leo Varadkar. During a meeting with Prime Minister Leo Varadkar, the Winklevoss ...