Cryptocurrency Analysis and News Portal
Mira Murati, the chief technology officer at OpenAI, believes government regulators should be “very involved” in developing safety standards for the deployment of advanced artificial intelligence models such as ChatGPT. She also believes a proposed six-month pause on development isn’t the right way to build safer systems and that the industry
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As a former public servant, I believe there is a role for the government in overseeing the cryptocurrency industry. However, recent regulatory announcements – including directives from the U.S. Federal Reserve and executive branch designed to debank crypto firms, a pending lawsuit against the largest and most trustworthy U.S. exchange,
Read MoreThe Information Commissioner’s Office (ICO) published a statement on 20 January 2023 about the obligations of public electronic communications service providers (CSPs) under Regulation 5A of the Privacy and Electronic Communications Regulations 2003 (PECR). Following feedback received, the ICO removed
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India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instruments and do not strictly pass the test of being a financial asset because it has no intrinsic cashflows attached to them,” the
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Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges. Senate Votes on Crypto Law, Sends
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Dai, MKR, Aave and Compound may not be gambling. But a large proportion of crypto is gambling. That's because a big chunk of the people who engage with blockchains are doing little more than betting on the very volatile prices of first-generation unbacked volcoins like dogecoin, floki inu, and shiba
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