The BCBS is a forum where banking and finance authorities from 28 major jurisdictions set standards for prudential regulation. The standards are not legally binding, but are typically adopted through local laws and regulations.Hong Kong’s stablecoin rules would be ‘extremely...
Ethiopia, which allowed bitcoin mining starting in 2022 even though it still bans cryptocurrency trading, has bolstered ties with China over the past decade, and several Chinese companies helped build the US$4.8 billion dam the miners plan to draw their...
SAN FRANCISCO, Feb 8 — Meta on Tuesday said it is working with other tech firms on standards that will let it better detect and label artificial intelligence-generated images shared with its billions of users.The Silicon Valley social media titan...
A PayPal sign is seen at its headquarters in San Jose, California, on Jan. 30, 2024.Justin Sullivan | Getty Images News | Getty ImagesPayPal reported better-than-expected fourth-quarter results Wednesday, but issued guidance that was a bit below estimates. The shares...
Cebu Pacific operates over 400 domestic and international flights daily. With most airports located outside of cities in the Philippines, uncontrollable variables such as bird strikes and adverse weather conditions are commonplace. These are unavoidable incidents, and when they occur,...
Alibaba said it had approved an increase of US$25 billion in its share repurchase programme through the end of March 2027. Following this increase, the e-commerce company will have US$35.3 billion available under the scheme through the next three financial...
Luxury ride-hailer Wheely's big bet on Dubai is that the region's burgeoning demand from wealthy individuals and digital nomads will make the city a prime fit for the company.WheelyWheely, a luxury-focused competitor to ride-hailing giant Uber, is launching in Dubai...
SAN FRANCISCO, Feb 7 — Apple persuaded a federal judge to dismiss a lawsuit by a Silicon Valley startup accusing it of illegally monopolising the US market for heart rate monitoring apps for its Apple Watch.US District Judge Jeffrey White...
“Wright’s claim to be Satoshi is a lie, founded on an elaborate false narrative backed by forgery of documents on an industrial scale,” attorney Jonathan Hough said on behalf of the Crypto Open Patent Alliance (COPA) at the outset of...
NEW YORK - Meta Platforms will begin detecting and labelling images generated by other companies’ artificial intelligence services in the coming months, using a set of invisible markers built into the files, its top policy executive said on Feb 6....
