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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied UK lawmakers wish to unite global efforts to safeguard the masses against bad actors who misuse artificial intelligence, or AI. The UK’s House of Commons issued a report acknowledging the potential benefits of AI, such as enhanced
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A group of influential members of parliament (MPs) in the United Kingdom have advised the government to collaborate with democratic allies to address the potential misuse of artificial intelligence (AI), emphasizing London’s aim to be a key player in advancing the emerging technology.On Aug. 31, the Science, Innovation and Technology
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The lenders of the bankrupt cryptocurrency lender Genesis are not satisfied with the latest in-principle settlement agreement with other parties including the Digital Currency Group (DCG).The Ad Hoc Group of Genesis Global Capital (GGC) lenders — represented by lawyers Brian Rosen and Jordan Sazant — on Aug. 29 responded to
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A British parliamentary committee is pressuring the government to axe plans that would allow artificial intelligence developers to freely train their systems on existing works of music, literature and art. In an Aug. 30 report, the Culture, Media and Sport Committee warned the government’s original plan to exempt text and data
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"Predictably, the crypto market has become very quiet during these summer weeks. This has caused trading volumes and volatility to fall markedly. Investors might be well advised to replace their bitcoin spot with Bitcoin options, notably upside calls, as lower volatility has made option prices cheaper," Markus Thielen, head of
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The United Kingdom government has rejected a proposal made by the House of Commons Treasury Committee to regulate crypto retail trading in the same way it oversees gambling, highlighting that it “firmly disagrees” with the committee’s stance. A panel of British lawmakers called for regulating the U.K. crypto market similar to gambling in a
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Timothy Massad, former chair of the United States Commodity Futures Trading Commission (CFTC), has said though a Securities and Exchange Commission (SEC) v. Ripple court ruling may impact the way businesses and lawmakers address crypto, his call for regulatory clarity remains the same.In a July 7 op-ed with The Wall
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Crypto and blockchain advocates have authored a report calling for the Hong Kong government to issue a stablecoin pegged to the country’s dollar which could challenge the dominance of Tether (USDT) and USD Coin (USDC).According to an English translation of a July 3 report provided by Chinese crypto reporter Colin
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The government should recognize blockchain as an emerging industry with "significant" long-term economic and job creation opportunities, a lawmaker committee on industry and tech said. Source
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The United States securities regulator has asked for four more months to provide a response to Coinbase’s request for crypto regulatory clarity.In a June 13 letter submitted to the U.S. Court of Appeals for the Third Circuit, the Securities and Exchange Commission (SEC) said it needs an additional 120 days
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