UK Cryptocurrency Exchanges Adapt to Enhanced Regulatory Standards

The UK is intensifying regulatory standards for crypto exchanges under the Financial Services and Markets Act, aiming for parity with traditional financial services. Exchanges must comply with stringent risk assessments and finance tests, impacting both domestic and offshore entities. (Read More) ​ 

Understand JPMorgan’s DocLLM: Enhancing AI-Powered Document Analysis

JPMorgan introduces DocLLM, an AI model for multimodal document understanding. This lightweight extension of LLMs excels in analyzing business documents, employing a novel spatial attention mechanism and bounding box information instead of costly image encoders. (Read More) ​ 

Upbit Singapore Secures MAS’s MPI Licence

Upbit Singapore receives a Major Payment Institution license from MAS, marking a key step in its expansion and compliance with Singapore’s regulatory standards in the digital asset sector. (Read More) ​ 

OpenAI’s Sam Altman Spotlights Antisemitism and Islamophobia in Tech

OpenAI’s CEO Sam Altman has brought significant attention to the issues of antisemitism and Islamophobia in the tech industry with his tweets on January 5, 2024. His personal experiences and observations have sparked discussions on the need for greater support and awareness within the industry. The public’s varied responses highlight the complexity of media coverage […]

Spot Bitcoin ETFs: A Pivotal Decision by SEC Awaits

The SEC is nearing a decision on approving spot Bitcoin ETFs, which could significantly impact the cryptocurrency market and investor sentiment, with discussions focusing on minor amendments. (Read More) ​