Tuesday, April 16, 2024
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TikTok Introduces New AI Content Labels for Enhanced Transparency

Starting this week, TikTok plans to begin testing the “AI-generated” labels, which will automatically mark content identified as having been edited or created using AI. In response to the increasing use of artificial intelligence (AI) in content creation, TikTok has unveiled a new feature to enhance users’ transparency on the platform. On

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ECB official labels crypto as ‘deleterious’ with ‘no societal benefits’ in scathing speech

Fabio Panetta, an executive board member of the European Central Bank (ECB), has suggested a dark future for cryptocurrencies, in which the digital assets may be used for little more than gambling among investors.In written remarks for a panel at the Bank for International Settlements Annual Conference on June 23,

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CFTC labels 34 crypto and forex firms as unregistered foreign entities

The United States Commodity Futures Trading Commission, or CFTC, has added 34 unregistered foreign entities to its Registration Deficient List, including at least six providing crypto-related services.In a Thursday announcement, the CFTC said it had expanded its list of firms required to be registered with the CFTC for providing services

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ESG oriented blockchain wants on-chain ‘nutrition labels’ for every commodity exchanged

The Watr Foundation, in partnership with blockchain platform Algorand, recently launched a project to provide ESG scoring for different commodities with a special focus on climate change. While the project has a clear environmental focus, the platform will also include labeling for everything from how a company treats its workers to

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US Government labels Virgil Griffith’s argument to dismiss sanctions charges ‘absurd’

Lawyers representing the United States government have filed a legal memo opposing the dismissal of charges for Virgil Griffith, a former Ethereum Foundation researcher accused of conspiring to violate U.S. sanctions against the Democratic People's Republic of Korea, or DPRK.According to court records filed Nov. 19 in the Southern District

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South Korean Government Labels Blockchain a Golden Opportunity

The South Korean government has stated that the blockchain market represents a “golden opportunity” for the country. They are now calling for private sector companies throughout South Korea to exploit this potential.According to a report published on April 17 from Fn News, the Vice Minister of Strategy and Finance, Koo Yun-cheol,

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Russia’s Central Bank Proposes New Token Framework, But Labels Crypto Transactions ‘Suspicious’

The Central Bank of Russia (CBR) has formally proposed a legal framework for tokenization, but also plans to label cryptocurrency transactions as suspicious activity, it said in a press release Monday.The CBR announced it had successfully piloted a platform that allows users to tokenize assets, including equities and currencies, and

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