Hong Kong Regulators Probe Worldcoin for Privacy Risks

Hong Kong’s PCPD is investigating Worldcoin, linked to OpenAI’s Sam Altman, for potential privacy violations in biometric data collection methods, highlighting global privacy concerns in the crypto and blockchain industry. (Read More) ​ 

China Revamps AML Law, Targets Crypto Crimes

China is set to implement significant revisions to its Anti-Money Laundering Law by 2025, marking the first major overhaul since 2007. The amendments focus on including cryptocurrency transactions to combat rising crypto-related money laundering crimes. (Read More) ​ 

SEC’s Gag Rule Faces Criticism: Commissioner Hester Peirce Calls for Reform

SEC Commissioner Hester Peirce has publicly disagreed with the agency’s refusal to amend the 1972 gag rule, raising concerns over its impact on free speech and regulatory integrity. The rule, which prevents defendants from criticizing SEC allegations post-settlement, is being challenged for its constitutional implications. (Read More) ​ 

Visa and Transak Revolutionize Crypto Withdrawals with Visa Direct Integration

Visa partners with Transak, leveraging Visa Direct for seamless cryptocurrency withdrawals and payments globally. This collaboration enables users to convert over 40 cryptocurrencies directly from wallets like MetaMask into fiat, enhancing crypto-to-fiat transactions and accelerating mainstream crypto adoption. (Read More) ​ 

Navigating AI in Hospitality: Insights from Bulgarian Hoteliers

The paper titled “Automated decision-making: Hoteliers’ perceptions” provides an in-depth analysis of Bulgarian hoteliers’ attitudes towards AI in decision-making, revealing a preference for AI in tasks not requiring emotional intelligence. It also uncovers that personal and property characteristics do not significantly influence their AI adoption preferences, indicating a widespread acceptance across the hotel industry. (Read […]