Ride-hailing platforms Amap and Didi Chuxing have expressed support for Hong Kong's proposed cap on new licenses, a move aimed at balancing demand, preventing excessive competition, and reducing road congestion.
The SEC and CFTC are seeking public comment on how to define crypto perpetual futures and other novel products, a move that could shape market structure, regulatory oversight, and the ability of crypto-native venues to list products in the US.
An Australian dog named Rosie received an AI-assisted mRNA vaccine that significantly shrunk her tumors, extending her life. Scientists at UNSW used AI to process genetic data, fast-tracking treatment design from years to months. However, outdated regulatory frameworks in Australia are seen as a major obstacle to adopting such AI-driven precision medicine for humans.
An Australian dog named Rosie received a life-extending cancer treatment developed with AI, but scientists warn outdated regulations are hindering Australia's potential to lead in AI-driven precision medicine.
A dog named Rosie's cancer treatment, aided by AI, has demonstrated the potential of personalized medicine. However, outdated regulations in Australia are hindering the adoption of such advanced AI-driven therapies for both humans and animals.
National Housing Bank (NHB) probes Aavas Financiers for loan classification irregularities, recalling Rs 500 crore in refinancing support. MD & CEO Sachinder Bhinder resigned, replaced by Manu Singh. CFO Ghanshyam Rawat and CRO Ashutosh Atre also exited.
Dash is considering the Philippines as a new market for its cryptocurrency payment services, aiming to offer lower-cost transactions. The company is assessing the local landscape and prioritizing legal compliance before a potential launch.
Cross-border biotech deals between China and the US are facing increased complexity and potential slowdown due to US restrictions on investment and technology transfers, according to analysts. Despite challenges, innovation from China is expected to drive continued partnerships, with out-licensing agreements projected to reach $240 billion.
India's food regulator FSSAI is scrutinizing 'natural' and 'healthy' food claims, flagging products for misleading advertising. This includes juice marketed as 'no added sugar' with high sugarcane content, and claims like '100% natural' on instant noodles.
The Bank of Russia lowered its key interest rate to 14.25% from 14.5%, a smaller cut than anticipated. Factors influencing the decision include increased war spending, Western sanctions, and a fuel crisis exacerbated by Ukrainian drone strikes on Russian refineries.
The European Commission is gathering feedback on potential revisions to the Markets in Crypto Assets (MiCA) framework, dubbed "MiCA 2.0." The consultation focuses on refining regulations for DeFi, stablecoins, and prediction markets, aiming for greater clarity and competitiveness in the digital asset space.
Texas, once a hub for data centers with generous incentives, is now requiring these facilities to fund the grid infrastructure they rely on, shifting costs from households to the industry. This move by Governor Greg Abbott could set a precedent for AI buildout regulation nationwide.
AI is transforming the crypto industry, shifting value from articles to databases. Companies like Blockworks are acquiring data providers, aiming to become the 'Bloomberg of crypto' by offering institutional-grade data and analytics, as traditional news distribution declines.
A KPMG report indicates India's housing sector is set for a significant transformation driven by urbanization and policy reforms. Key focus areas include affordable housing and rental housing development, with recommendations for regulatory improvements and increased investment.
Australia's health watchdog, Ahpra, has adopted the IHRA definition of antisemitism, drawing praise from Jewish groups but criticism from the Australia Palestine Advocacy Network, which fears it will stifle criticism of Israel's actions.
Digital gold providers in India are increasing book audits and physical vault checks to boost transparency, as the sector gains 80 million customers. This self-regulatory move follows SEBI's observation of the sector being 'unregulated'.
Delhi's power regulator DERC has approved BSES Rajdhani Power Limited's plan for five battery energy storage systems, benefiting over 2.5 lakh residents. The project aims to boost grid reliability and renewable energy integration, with projected annual benefits exceeding ₹88 crore.
Binance's potential rejection for a crypto license in Greece under MiCA has led to speculation about the European Central Bank's informal influence, despite national regulators holding licensing authority. The ECB's stance on stablecoins may be a factor.
The Bank of Russia has reduced its key interest rate by 25 basis points to 14.25% per annum. The decision comes as economic growth continues at a moderate pace, with underlying price growth edging down, though lending growth has accelerated. The regulator noted that a more accommodative fiscal policy may necessitate a higher key rate path in the future.
OpenAI has appointed Dean Ball, a former senior policy advisor on AI in the Trump administration, to lead its new Strategic Futures unit. Ball will focus on shaping OpenAI's frontier AI policy and internal governance, citing the company's key breakthroughs and talent as reasons for joining.
A Canadian Transportation Safety Board report found regulatory failures allowed OceanGate's unregistered Titan submersible to operate for years before its 2023 implosion. Multiple federal agencies lacked a unified oversight system, leading to critical information gaps.
England captain Ben Stokes may return for the third Test against New Zealand as optimism grows within the team, pending an investigation into a nightclub incident. He's been included in Durham's squad for a County Championship match.
England captain Ben Stokes may return for the third Test vs. New Zealand as optimism grows within the team. He faces an investigation for allegedly breaching team curfew and visiting a nightclub. Stokes has been included in Durham's squad for a County Championship match.
Ofcom is questioning Telegram's measures against illegal incitement after a man convicted of arson attacks linked to Keir Starmer was directed via the app by a Russia-linked handler. The handler, "El Money," offered cryptocurrency for the attacks.
