U.S. Bipartisan Bill Seeks to Ban "Adversarial AI" from Foreign Adversaries
U.S. bipartisan lawmakers introduced a new bill, the No Adversarial AI Act, on June 25 local time. It aims to restrict federal government procurement and use of AI technologies developed by "foreign adversaries" like China, strengthening technical security for national critical systems.
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China, Hong Kong Launch Cross-Border Payment Connect System
China’s central bank and Hong Kong’s monetary authority launched "Payment Connect" on June 22, linking mainland China’s Online Interbank Payment Clearing System (IBPS) with Hong Kong’s Faster Payment System (FPS) to enable real-time cross-border remittances. The initiative, announced in a joint statement on June 20, aims to streamline cross-border transactions for residents in both regions.
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