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The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety and comments from Elon Musk. Go to Source
Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content, such as explicit images of children. Go to Source
Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court. Go to Source
Non-fiat-backed stablecoins will not be allowed into regulated payment chains. Go to Source
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology. Go to Source
Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project. Go to Source
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said. Go to Source
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply. Go to Source
Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023. Go to Source
Transak’s compliance chief James Young told Cointelegraph that while the U.K.’s new crypto marketing rules are good for the industry, they still pose challenges to some firms operating in the decentralized space. Go to Source
