FTX and Binance: how latest crypto scandals could influence public opinion on digital currency regulation: True believers in cryptocurrency have had a rough few weeks. The US government just fined Binance – the world’s largest crypto exchange – US$ 4.3 billion (£3.4 billion) for its involvement in money laundering. It forced the firm to accept …
Ghana’s housing policy and regulation is failing – COVID proved as much: Affordable housing in Ghana is unavailable for most people Wikimedia Commons Access to decent housing is a fundamental human right. Across sub-Saharan Africa, however, this right remains an elusive dream for many households. In Ghana, for example, the government estimates a staggering deficit …
Fake news: EU targets political social media ads with tough new regulation proposal: Shutterstock/icongeek26 Throughout Europe, strict rules govern how traditional media operates during elections. Often that means imposing a period of silence so that voters can reflect on their choices without undue influence. In France, for example, no polls are allowed to be published …
How the UK is getting AI regulation right: Regulation must protect AI innovation while addressing risks, but what's the right balance? ra2 studio / Shutterstock The latest generation of artificial intelligence (AI), such as ChatGPT, will revolutionise the way we live and work. AI technologies could significantly improve education, healthcare, transport and welfare. But there …
The UK wants to export its model of AI regulation, but it’s doubtful the world will want it: On AI, the UK hopes that it can strike the right balance between addressing risks and fostering innovation. PopTika / Shutterstock Recent claims that artificial intelligence (AI) poses an existential threat to humanity seem to have jolted …
What Binance’s US lawsuit says about the future for cryptocurrency regulation: Primakov/Shutterstock The world’s largest cryptocurrency exchange, Binance, has been hit with a lawsuit by US regulator the Commodity Futures Trading Commission (CFTC). This is not the first time a cryptocurrency exchange has been charged by a regulator. But this particular case involves a regulator …
UK risks losing out on hi-tech growth if it falters on AI regulation: Shutterstock / Everything Possible The UK government has published a white paper on the regulation of artificial intelligence (AI). While an important step, the white paper is not enough to set the UK on the path to taking full advantage of AI. …
Online safety: what young people really think about social media, big tech regulation and adults ‘overreacting’: timelineguru/Shutterstock Don’t say ‘just don’t go online’ because adults wouldn’t do that if something happened in the real world. If you got followed home, it’s not like [they would say]: “Hey, stop leaving the house.” Help the person understand …
Crypto: what could more regulation mean for the future of digital currencies?: Crypto trader. Phongphan / Shutterstock The founder of the world’s largest cryptocurrency exchange, Binance CEO Changpeng Zhao, has called for more regulatory clarity after a week of crypto market chaos and a year in which investors are estimated to have lost US$ 2 …
Tech firms face more regulation after moves to stop ‘killer’ acquisitions – but innovation could also be under threat: Regulators are increasingly concerned about the impact of larger firms acquiring smaller rivals. Shutterstock One way to eliminate the competition in business is simply to buy them out and shut them down. And that means less …
Stablecoin volatility shows an urgent need for regulation to protect consumers: Shutterstock/David Sandron Some cryptocurrencies have always been fairly volatile, with values soaring or plunging within a short space of time. So for the more cautious investor, “stablecoins” were considered the sensible place to go. As the name implies, they are designed to be a …
Social media regulation: why we must ensure it is democratic and inclusive: Tero Vessalainen/Shutterstock News that the world’s richest man, Elon Musk, is buying Twitter has sent the world into a spin, dividing those who advocate for unfettered free speech – like Musk – and those who believe that some platforms wield too much power …
South Africa in the news: Poor regulation of South African food industry has led to a public health crisis, say panellists: The government has been dragging its feet on forcing food manufacturers and retailers to disclose clearly the unhealthy formulations in their processed food. This costs money and lives, say the …: “South Africa” – …
South Africa must ban sugary drinks sales in schools. Self regulation is failing: White River Primary school in South Africa, sponsored by Coca Cola. Roo Reynolds/Flickr In 2017, Coca-Cola Beverages South Africa voluntarily announced that it would stop supplying sugary beverages to primary school outlets. The company also pledged to remove all branding and advertising …
Ghana’s unstable building problem is about more than lax regulation: Building collapses, like this one in Nairobi, Kenya in late 2019, are unfortunately common in many large African cities. Fred Mutune/Xinhua via Getty Collapsed buildings are worryingly common in several large African cities. One study counted 54 building collapse deaths and 122 injuries in Kampala, …
Ant Group: Jack Ma’s biggest market debut suspended amid fears over regulation: Back to the start? Frederic Legrand – COMEO /Shutterstock In a surprise last minute decision, the flagship stock exchange listing of Ant Group was suspended by regulators in China and Hong Kong. The Chinese tech giant, backed by Alibaba billionaire Jack Ma, was …
How a 1940s treaty set airlines on a path to high emissions and low regulation: Studiostoks/Shutterstock Before the pandemic, aviation was on course to be the UK’s most polluting sector and produce as much as 22% of global emissions by 2050. The industry is suffering from low demand due to coronavirus restrictions, but without meaningful …
South Africa in the news: Zim urgently needs PPP regulation: Victor Bhoroma:analyst THE state of public infrastructure in Zimbabwe has never been as dire as it is now. Years of underinvestment in the railway network, highways and roads, energy generation plants …: “South Africa” – BingNews PPE corruption is ‘actually murder’ says world health body: …