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FINRA Warns Member Firms of Metaverse Adoption Challenges


The Financial Industry Regulatory Authority has released a report highlighting the potential benefits and risks of the metaverse for the securities industry. The report emphasizes the importance of addressing challenges identified to ensure the responsible and ethical development of metaverse...

Singapore’s Parliament Addresses Worldcoin Account Misuse and Privacy Risks


Singapore’s Deputy Prime Minister Gan Kim Yong addressed concerns in Parliament regarding the risks of Worldcoin’s operations in Singapore, including potential money laundering through the sale of accounts. He emphasized that although Worldcoin does not perform a payment service under...

South African Fintech Firm Raises $7.5 Million to Expand Financial Inclusion


Omnisient, a South African fintech startup, secured a $7.5 million Series A investment from Arise to support its mission of enhancing financial inclusion across Africa and beyond. The investment will help Omnisient expand its technology to African, European, and U.S. markets. The startup is also...

Meta to Appeal Nigeria’s $220 Million Data Privacy Fine


Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta (formerly Facebook) $220 million for alleged data privacy violations. The investigation centered on Whatsapp LLC and Meta’s failure to allow users to consent to the gathering and use of their data. The FCCPC...

Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns


Sam Altman and Alex Blania engage with top Malaysian officials to strengthen ties following temporary bans in Europe and heightened global scrutiny regarding data privacy concerns. The post Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns appeared first on Cryptonews

Data Ownership Protocol Raises $162M in Token Sale


Data Ownership Protocol announced it has raised $162 million in a token sale ahead of upcoming mainnet launch. The post Data Ownership Protocol Raises $162M in Token Sale appeared first on Cryptonews

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