Friday, April 19, 2024
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Elon Musk, Mark Zuckerberg and Sam Altman talk AI regs in Washington

The top executives from some of the world’s largest tech and web companies have concluded a closed-door meeting with U.S. lawmakers in Washington D.C., where they reportedly discussed AI technology and potential approaches to regulation.The Sept.13 Senate “AI Insight Forum” was organized by Senate Majority Leader Chuck Schumer and attended by

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Aussie consumer group calls for better crypto regs due to ‘lagging laws’

Australian consumer advocacy group CHOICE has called on the federal government to provide better protection for crypto investors while submitting a proposed regulatory framework for cryptocurrency exchanges operating in the country.The regulatory framework was submitted in response to the federal Treasury's consultation paper for “crypto asset secondary service providers” (CASSPs)

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SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

Commissioner Hester Peirce — also known as the Securities and Exchange Commission’s (SECs) “crypto mom” — has backed a regulatory framework for stablecoins that allows "room for there to be failure."Speaking at an online panel on May 12 hosted by financial think-tank the Official Monetary and Financial Institutions Forum (OMFIF)

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Industry Pros Weigh In on Rumors of New Crypto Wallet Regs

Recent rumors about U.S. regulation of private, self-hosted crypto wallets have some compelling context.For example, the proposal submitted last month by U.S. authorities to lower the anti-money laundering (AML) threshold for cross-border transactions (its consultation ends today, Friday), seems to support the hypothesis that outgoing Treasury Secretary Steven Mnuchin is

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New Blockchain Solution to Fight COVID-19 Complies With EU Data Privacy Regs

An Internet of Things (IoT) blockchain specialist and a healthcare data firm have teamed up to devise a solution for fighting the pandemic that complies with European data privacy laws.On April 17, IoT blockchain startup Ubirch and Nasdaq-listed Centogene announced their partnership on a solution for securely handling the

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