Image by Ledger Insights The International Capital Market Association (ICMA) has published a digital assets annex for its Global Master Repurchase (repo) Agreement (GMRA). The Annex follows work by ICMA and ISLA in the Digital Assets Legal Working Group, with Clifford Chance appointed as counsel.   Repo involves the sale of collateral, usually securities, with […]

By Oliver Bossert, Klaas Ole Kürtz, and Gérard Richter Not all tech trends are created equal. Keeping a clear eye on what matters can help steer to better decisions. Many who work in IT have heard variations of these statements from well-meaning senior colleagues. And given how much technology underpins so many trends, as well […]

Evidence is mounting that the new generative AI internet search tools provided by OpenAI, Google and Microsoft can increase the risk of returning false, misleading or partially correct information.   Despite the implications of this for the news industry and an informed democracy, the New Zealand government has decided to leave AI considerations out of […]

Image by Ledger Insights   The nation of Palau has contracted with DLT firm Soramitsu Labs to build a government bond issuance platform, the Nikkei reported. The Pacific island nation has a population of less than 20,000 who it is targeting as investors.   Soramitsu is best known as the developer of Cambodia’s Bakong, the […]

Image by Ledger Insights   Customers Bancorp operates a 24/7 DLT-based payment system, Customers Bank Instant Token (CBIT), which is used by many companies in the digital asset sector, including Galaxy Digital, Coinbase, Circle, Gemini and Kraken. Yesterday the U.S. Federal Reserve issued an enforcement action against the bank relating to weak risk management and […]

Over the past decade, virtual assistants powered by artificial intelligence, like Apple’s Siri and Amazon’s Alexa, have become integral to technologies such as smartphones and social media.   More recently, a new type of human-like chatbots are on the rise: AI romantic companions. Chatbots are AI-powered programs that engage with humans through text, voice and […]