OMGFIN Daily News

Hong Kong Police Force and Securities and Futures Commission Establish Crypto Working Group
The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have formed a crypto-focused working group to address illicit activities r...
Thu, 5 Oct, 2023 at 12:37 AM
Bank of Canada Study Emphasizes Challenges in Achieving CBDC Financial Inclusivity
A discussion paper from the Bank of Canada highlights the challenges central banks might face in achieving financial inclusion through central bank digital ...
Thu, 5 Oct, 2023 at 12:41 AM
OpenAI Explores In-House Chip Manufacturing Amid Global Shortage
OpenAI, the organization behind ChatGPT, is reportedly considering in-house chip manufacturing to address the global shortage of AI processing chips. The co...
Fri, 6 Oct, 2023 at 12:25 AM
Survey Reveals Half of Crypto Users Invest to Improve Living Standards
A survey conducted by crypto exchange Bitget found that approximately 50% of crypto users invest in digital assets to improve their everyday living standard...
Fri, 6 Oct, 2023 at 12:30 AM
Hong Kong-Based CMCC Global Raises $100M for Titan Fund to Support Asian Blockchain Startups
CMCC Global, a Hong Kong-based crypto-focused venture capital firm, has raised $100 million for its Titan Fund to support Asian blockchain startups. The fun...
Fri, 6 Oct, 2023 at 1:02 AM
Taiwanese Lawmakers Aim to Present Draft Law for Offshore Crypto Exchanges by November
Lawmakers in Taiwan are reportedly aiming to present a first draft of a special law regulating offshore crypto exchanges by the end of November 2023. Yung-C...
Fri, 6 Oct, 2023 at 11:37 PM
Snapchat Warned by UK Data Watchdog Over AI Chatbot Privacy Risks
The UK Information Commissioner’s Office (ICO) has issued a preliminary notice to Snap Inc., the parent company of Snapchat, over concerns that the social m...
Fri, 6 Oct, 2023 at 11:37 PM
Hong Kong Delays Retail Stablecoin Trading Until Regulation
Hong Kong has not yet adopted regulations for stablecoins like Tether (USDT) or USD Coin (USDC), which means retail investors are not allowed to trade these...
Fri, 6 Oct, 2023 at 11:38 PM
US Consumer Watchdog Considers Applying Electronic Fund Transfer Act to Crypto
The Consumer Financial Protection Bureau (CFPB) in the United States is exploring the application of the Electronic Fund Transfer Act (EFTA) to cryptocurren...
Mon, 9 Oct, 2023 at 12:17 AM
OpenAI CEO Sam Altman Calls Bitcoin a "Super Logical" Step, Criticizes CBDCs
Sam Altman, the CEO of OpenAI and founder of Worldcoin, expressed his enthusiasm for Bitcoin during an episode of The Joe Rogan Experience podcast. Altman r...
Mon, 9 Oct, 2023 at 12:19 AM