UK’s FCA Unveils Roadmap to Support Blockchain-Based Fund Tokenization

The United Kingdom’s Financial Conduct Authority (FCA) has revealed a roadmap to help asset managers adopt blockchain technology for fund tokenization. In a Tuesday announcement, the regulator said the initiative aims to “provide firms with additional clarity” to adopt tokenization and “drive innovation and growth in asset management.” “Tokenization has the potential to drive fundamental…

Read More

Amid lawsuits and criticism, Character AI unveils new safety tools for teens

Character AI is facing at least two lawsuits, with plaintiffs accusing the company of contributing to a teen’s suicide and exposing a 9-year-old to “hypersexualized content”, as well as promoting self-harm to a 17-year-old user. Amid these ongoing lawsuits and widespread user criticism, the Google-backed company announced new teen safety tools today: a separate model for…

Read More