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…
Read MoreUS 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…
Read MoreFirst 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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