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Keywords: Regulation
The Financial Action Task Force (FATF) has warned that criminals are increasingly exploiting regulatory gaps in the virtual asset sector to move billions of dollars in illicit funds through cryptocurrencies, highlighting the growing complexity of financial crime in the digital economy. In its latest......
A dispute over regulatory action against Coupang, South Korea’s largest online retailer, has developed into a broader diplomatic challenge, raising concerns about the future of economic and technology ties between South Korea and the United States. The controversy began after South Korean authorities......
Indonesia is preparing a major overhaul of its copyright framework that could introduce new obligations for technology companies and establish one of the region’s first legal approaches to artificial intelligence-generated content. A draft bill reviewed by Reuters proposes expanding copyright......
Chinese President Xi Jinping has called for stronger international cooperation and coordinated regulation of artificial intelligence, arguing that the technology should not be dominated by any single country. Speaking at the opening of the World Artificial Intelligence Conference (WAIC) in Shanghai,......
The European Union’s highest court has upheld a €750,000 ($854,250) fine imposed on Google by Italian regulators over gambling-related advertising displayed on its YouTube platform, strengthening the legal responsibility of major digital platforms for content shared through commercial partnerships. The......
South Korea's financial authorities have announced tighter regulations on leveraged exchange-traded funds (ETFs) linked to individual companies, responding to concerns that the rapidly growing investment products have amplified volatility in the country's equity market. The new measures target......
Australia is set to strengthen regulatory oversight of the country's largest accounting firms after a series of governance controversies raised concerns about ethics, transparency and public confidence in the auditing profession. The federal government announced new measures aimed at increasing......
Google has urged the European Union's highest court to uphold a lower court ruling that overturned a €1.49 billion ($1.7 billion) antitrust fine, arguing that the European Commission's legal challenge is based on flawed reasoning. The case was heard on Wednesday before the Court of Justice......
The head of Google’s artificial intelligence division has called for the creation of a dedicated regulatory body in the United States to evaluate the most advanced AI systems before they are released to the public. Demis Hassabis, chief executive of DeepMind, argues that increasingly powerful......