Australia has put forward more stringent anti-money laundering and counter-terrorist financing (AML/CTF) regulations to enhance the supervision of the cryptocurrency sector and combat financial crimes.
These proposed regulations, introduced by the Australian Transaction Reports and Analysis Center (AUSTRAC), come after amendments to the AML/CTF Act were passed by Parliament of Australia in November.
The revised framework seeks to address regulatory gaps, bolster oversight of high-risk areas, enhance customer due diligence (CDD) measures, impose stricter reporting requirements, and establish more rigorous rules for businesses.
The draft regulations are open for public consultation until February 14, 2025, with AUSTRAC urging industry stakeholders, especially those in the crypto and financial services sectors, to provide feedback to shape the final version of the framework.
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OpenAI Apologises For Network Outage Over Apple’s Siri Integration With ChatGPT
OpenAI has apologised to its 200 million active users after ChatGPT experienced a network outage following its integration with Apple’s latest software update.
“We’re experiencing an outage right now. We have identified the issue and are working to roll out a fix,” OpenAI said in a post on X (formerly Twitter) on December 12, 2024.
ChatGPT was back online in Australia at the time of publication. The incident occurred on the same day ChatGPT was integrated into the latest version of Apple’s virtual assistant Siri on iPhones, iPads, and Macs.
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OpenAI hasn’t confirmed whether the Apple integration directly caused the network outage. Apparently, many users trying to access ChatGPT’s API received a message stating: “ChatGPT is currently unavailable” and that OpenAI had “identified the issue” and was “working to roll out a fix.”
Ubisoft, Arbitrum To Launch ‘Captain Laserhawk’ Web 3.0 Shooter
The Arbitrum Foundation and Ubisoft, the French gaming titan, have announced that Captain Laserhawk: The G.A.M.E., a Web 3.0-enabled top-down shooter, will be officially launched on December 18, 2024.
The game is set within the Ubisoft gaming universe and includes characters from popular titles, such as Far Cry: Blood Dragon, Rayman, Assassin’s Creed, Beyond Good And Evil, The Crew, Rainbow Six, Splinter Cell, and Watch Dogs. Captain Laserhawk: The G.A.M.E blends classic top-down shooter gameplay with competitive leader boards and Web 3.0 features.
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In terms of storyline, it is a media spin-off of the 2023 Netflix series Captain Laserhawk: A Blood Dragon Remix. This title is part of Ubisoft’s line-up of games exploring Web 3.0, Blockchain, and non-fungible tokens (NFTs).
