Ripple’s legal win sets precedent for crypto regulation

This ruling calls for congressional clarity In a significant legal victory, Ripple Labs, the company behind the XRP cryptocurrency, has emerged triumphant in its case against the US Securities and Exchange Commission (SEC). The ruling, which states that the open market sales of XRP do not qualify as a security,…

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ACCC launches inquiry into data broker services

Lack of transparency and consumer awareness prompts ACCC’s investigation The Australian Competition and Consumer Commission (ACCC) has opened a call for submissions from consumers, businesses, and interested stakeholders regarding data broker services in Australia. This initiative is part of the ACCC’s ongoing five-year digital platform services inquiry, which aims to…

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Citi reappointed to New Zealand Government’s banking panel

Citi expands role to online merchant acquiring Citi, a leading global financial institution, has been reappointed by the New Zealand Government to its prestigious All-of-Government (AoG) banking panel. In an exciting development, Citi’s role has been expanded to include online merchant acquiring, further strengthening its partnership with the government. Having…

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US biotechs receive more venture financing

The surge in funding for biologic innovator drugs is attributed to the enactment of IRA According to a recent report by GlobalData, biotechnology companies in the United States have secured significantly more venture financing for biologic innovator drugs compared to small molecule innovator drugs. The analysis reveals that from 2018…

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Australian Government partners with Cancer Council

The collab will birth a nationwide colorectal cancer screening campaign The Australian Government has joined forces with the Cancer Council of Australia to introduce a nationwide colorectal cancer screening campaign in response to the rising incidence of colorectal cancer and declining screening rates. In support of this initiative, the Australian…

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First regulations on artificial intelligence

EU proposes regulations to ensure safe and responsible use of AI As part of its digital strategy, the European Union (EU) aims to regulate artificial intelligence (AI) to establish better conditions for the development and utilization of this innovative technology. AI has the potential to bring numerous benefits, including improved…

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Chinese President Xi Jinping’s dedicated to improving lives

Xi focused on a people oriented governance to improve quality of life Chinese President Xi Jinping has consistently demonstrated a strong commitment to improving the lives of the Chinese people throughout his political career. This dedication can be traced back to his early days in politics when he assumed the…

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Alibaba.com partners with Singapore authorities

Boosting Cross-Border E-commerce for SMEs Alibaba.com, a leading global B2B platform for trade, has signed a Memorandum of Intent (MOI) with Singapore’s Infocomm Media Development Authority (IMDA) and Enterprise Singapore (EnterpriseSG) to support the growth of small and medium-sized enterprises (SMEs) in Singapore. The collaboration aims to enhance the international…

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Saudi Arabias global role in digital development policies

The meeting was attended by officials from SDAIA and various government entities In a significant step towards enabling growth and prosperity in developing countries, His Excellency Dr. Esam A. Alwagait, Director General of the National Information Center at the Saudi Data and Artificial Intelligence Authority (SDAIA), welcomed Christine Zhenwei Qiang,…

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