The European Parliament earlier this month greenlighted rules for AI, including measures for generative AI tools like ChatGPT and Google's Bard chatbot.
Artificial intelligence has been thrust into the center of conversations among policymakers grappling with what the tech should look like in the future.
The development mimics the trend of startup "mafias" in the U.S., where companies like PayPal indirectly helped produce huge businesses like Tesla and Palantir.
Hong Kong's securities regulator said it would allow retail investors to trade certain crypto assets on registered trading platforms, starting next month.
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