The European Union has launched its AI regulation efforts, focusing on definitions, literacy, and prohibitions on high-risk AI. Vladimir Lelicanin, highlights the challenges of risk assessments and documentation for smaller businesses. EU AI Act: Industry, Rights Groups Split On Feb. 2, the European Union (EU) launched its effort to regulate artificial intelligence (AI) by unveiling […]
Professor Wang Yang, vice president for institutional advancement and chair professor at the Department of Mathematics at the Hong Kong University of Science and Technology (HKUST), criticized China’s cryptocurrency mining ban during a panel discussion in Hong Kong last week. He called the decision “very unwise” because it shifted businesses to the U.S., boosting American […]
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists focused on crypto-asset businesses. Assessments conducted by supervisors in the U.K. found that not only crypto-asset businesses, but nearly all participants in the country’s financial services sector, are susceptible to […]
Creating high-quality content is key for any business, but this is especially true in the cannabis industry. Create content that focuses on local cannabis trends and laws, and make sure to integrate keywords naturally into your content. SEO is never one-and-done, so continually monitor your SEO metrics and …
According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Crypto asset businesses will be required to take “all reasonable steps” to ensure compliance with the travel rule. When the rule becomes […]