YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns 
Morgan Stanley Boosts Nvidia and Broadcom Targets as AI Demand Surges 
Intel Boosts Malaysia Operations with Additional RM860 Million Investment 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
Baidu Cuts Jobs as AI Competition and Ad Revenue Slump Intensify 
EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp 
Microchip Technology Boosts Q3 Outlook on Strong Bookings Momentum 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Coupang Apologizes After Massive Data Breach Affecting 33.7 Million Users 
U.S. Productivity Growth Widens Lead Over Other Advanced Economies, Says Goldman Sachs 
The Australian Securities and Investments Commission (ASIC) is working with its regulatory counterpart, the Monetary Authority of Singapore (MAS), to attract financial technology (fintech) startups by offering them a deal.
ASIC and MAS will offer fintech startups from both countries a chance to be a part of a “sandbox.” This is a safe space where the regulators waive some of the usual harsh penalties for mistakes, in exchange for learning more about what regulations are needed to keep up with this fast developing area of the digital economy.
This deal comes as questions are raised about the security of the using technology like the Blockchain in finance, which is yet to fall under international standards.
The risks are clear but will ASIC’s collaboration bring rewards?
Jenni Henderson, Assistant Editor, Business and Economy, The Conversation
This article was originally published on The Conversation. Read the original article.
