In brief Two U.S. and Chinese security experts proposed red lines barring AI from independently attacking nuclear systems. The authors also called …
China
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Markets
A China indicator that greases risk-taking in stocks and bitcoin is flashing red
by shayaanby shayaanChina’s “credit impulse” is flashing red for risk assets.So far, bitcoin has mostly shrugged it off. www.coindesk.com
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The People’s Bank of China has added eight commercial banks to its digital yuan operating network, taking the number of e-CNY service …
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In brief Apple trained a large language model for China with support from Alibaba, Reuters reported. The deal could make Apple the …
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Regulation
China arrests 16 in crypto money-laundering crackdown tied to telecom fraud
by shayaanby shayaanChinese authorities have arrested 16 individuals suspected of operating a cryptocurrency money-laundering network linked to telecom fraud, according to a report by …
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Chinese courts have sentenced five Sifang payment platform operators to between three and six years in prison over a gambling network that …
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Coinbase Global stock has climbed more than 2% after the crypto exchange reportedly simplified its account registration process for users in mainland …
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Regulation
China proposes new legal framework for virtual currency money laundering cases
by shayaanby shayaanChina has proposed a series of judicial and procedural reforms to strengthen investigations, evidence handling and asset recovery in virtual currency money …
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Regulation
Trump Warns China Would Seize Crypto Lead if US Steps Back From Industry
by shayaanby shayaan“ Crypto is the same thing,” Trump remarked, referring to comparisons with artificial intelligence. “If we didn’t do it, China would do …
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Scams
ByteDance and Alibaba to Pull Agent Features as China Cracks Down on Humanlike AI
by shayaanby shayaanIn brief ByteDance’s Doubao and Alibaba’s Qwen are disabling humanlike agent features ahead of Beijing’s Interim Measures for the Administration of AI …