On December 19, according to the Hong Kong Economic Times, Xu Zhengyu, Secretary for Financial Services and the Treasury of Hong Kong, said at the event on Friday (19th) that as of the end of September this year, 36 applications for stablecoin licenses from various industries have been received. It is expected that some licenses will be issued early next year. Priority will be given to sound reserve management, price stability and anti-money laundering measures. He pointed out that the relevant ...

New York state legislation now mandates AI disclosure in advertising, while SAG-AFTRA lobbies for nationwide No Fakes Act protections.

Disney says Google’s AI used its characters without permission, as it signed a new deal with OpenAI to allow character generation with Sora.
U.S. prosecutors have charged a Canadian citizen, Nathan Gauvin, with orchestrating a fraud scheme that raised more than $42 million through false claims targeting individual users on the messaging app Discord while claiming to have invested the funds in traditional finance and cryptocurrencies. He used most of the money for investors to withdraw cash, buy luxury jewelry and pay off credit cards, and also 800,000 credit to fintech companies for personal expenses. From May 2022 to 2024...
美国检察官指控一名加拿大公民 Nathan Gauvin 策划了一起欺诈计划,该计划通过虚假宣传筹集了逾 4200 万美元资金,其目标对象是聊天应用 Discord 平台上的个人用户,同时声称将资金投资于传统金融和加密货币领域。 他将大部分钱用于投资者提现、买奢侈品珠宝及还信用卡,还向金融科技公司造假获 80 万信贷,用于个人开支。2022 年 5 月至 2024 年...
According to Bloomberg, German automaker BMW AG has started using a blockchain-based system to automate some foreign exchange transactions, as companies increasingly look to leverage the technology behind cryptocurrencies to accelerate and streamline the multi-billion-dollar cross-border transfer process. The company uses JPMorgan Chase & Co.'s Kinexys platform, which automatically transfers euros from BMW's New York dollar account when the balance falls below a set threshold.
Pavel Durov, founder of Telegram, said in a post on X that the European Union specifically targets platforms that host "inappropriate" speech or dissenting voices (such as Telegram, X, TikTok, etc.). Those platforms that use algorithms to silence users' voices, despite the far more serious problem of illegal content, are largely untouched.

According to Morningstar, computer storage device maker SanDisk Corp. will join the S & P 500 on Friday, beating Strategy Inc. (MSTR) for the seat, replacing advertising and marketing firm Interpublic Group of Companies Inc.
据 Morningstar 报道,计算机存储设备制造商 SanDisk Corp. 将于周五加入标普 500 指数,其击败了 Strategy Inc. (MSTR) 获得这一席位,取代广告营销公司 Interpublic Group of Companies Inc.。