The measures proposed by the European Commission includes, blocking laws that ban EU firms to comply with U.S. sanctions law, not recognizing court ruling that enforce American penalties, start the legal process of working with Iran’s central bank and allowing EU banks to fund the projects of EU companies in Iran. On Friday, the European…
Investors and operators of digital currencies who want to do transactions with digital currencies will have to register with Thailand’s SEC, the sole authority for regulating digital assets, within 90 days. On Tuesday, Thailand’s Securities and Exchange Commission’s chief stated it expects to issue regulations on cryptocurrencies and initial coin offerings (ICO) by the end…
The misuse of Facebook data by consultancy firm Cambridge Analytica affected more than 50 million users. With Facebook Inc’s data being misused by consultancy firm Cambridge Analytica, affecting more than 50 million users, executives from IBM and Apple Inc have called for more oversight on how personal data is being used. Speaking at the 3-day…
Singapore aims to be the top Asian hub for cryptocurrencies and ICOs. On Thursday, an official from Singapore’s central bank stated that it is in the process of assessing whether additional regulations will be required in order to protect cryptocurrency investors. Singapore is aiming to be the top hub for financial technology and ICO offerings…
Sony Corp is the latest tech firm vying for market share in Japan’s highly regulated ride-hailing market and is set to partner with Daiwa Motor Transportation and 4 other domestic Japanese taxi firms for the same. On Tuesday, Japan’s Nikkei newspaper reported, Sony Corp is to become the latest tech firm which is jockeying for…
South Korea’s regulators are pushing cryptocurrency traders and exchanges to follow Know-Your-Customer (KYC) procedures to curtail money laundering and other crimes. In a significant development surrounding bitcoins and such cryptocurrencies, from January 30, South Korea will ban the use of anonymous bank accounts for trading in cryptocurrencies. The move is designed to bring to bring…
These are some of the stunning disclosures Ebell told delegates in a closed door meeting.
Verizon is shoring up its resources and is strategically placing itself to launch 5G services in the next year. Verizon Communications Inc has agreed to buy optic fibre from Corning Inc for at least $1.05 billion over the next three years. The purchase is aimed at improving its network infrastructure, said the No. 1 wireless…
Tekedra Mawakana will help Waymo naviguate the minefield of placing autonomous vehicles on the road and deal with various state governments while at the same time respect concerns on job security and safety. For Alphabet’s self-driving car project, the biggest challenge isn’t the technology per say, its ensuring that there is regulatory framework that allows the placing…
France enacts a law that compels French companies, with over 50 employees, to provide for a breather, in our rat race society. Turns out the New Year is not just another chance to create new set of resolutions for the year, France has given it a new meaning for many of its employees. From January…
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