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US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court

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According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions.

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EU regulator sets restrictive measure guidelines for crypto providers

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Crypto-asset service providers that carry out transfers must choose a screening system that allows them to comply with the EU’s restrictive measures regimes.

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South Korea probes Upbit for 600K KYC violations

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Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal.

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FSB calls for stricter oversight against AI vulnerabilities

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FSB explores AI’s potential to revolutionize finance while spotlighting risks like fraud, data governance and systemic vulnerabilities.

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