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Sources: ByteDance has made preliminary plans to spend ¥160B, or ~$23B, in AI capex in 2026, up from ¥150B in 2025, and has budgeted ~$12.07B for AI processors (Financial Times)

Financial Times : Sources: ByteDance has made preliminary plans to spend ¥160B, or ~$23B, in AI capex in 2026, up from ¥150B in 2025, and...

4 July 2024

South Korea unveils a monitoring system to find crypto exchange accounts linked to "suspected" trading activity, as a new law takes effect on July 19 (Bloomberg)

Bloomberg:
South Korea unveils a monitoring system to find crypto exchange accounts linked to “suspected” trading activity, as a new law takes effect on July 19  —  - Regulator asks exchanges to help detect questionable trades  — Measure comes alongside mandatory protections for investors

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