Tuesday, March 19, 2024
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US 5th Circuit Court seeks regulation on lawyers’ AI use in legal filings

A federal appeals court in New Orleans is considering a proposal that would mandate lawyers to confirm whether they utilized artificial intelligence (AI) programs to draft briefs, affirming either independent human review of AI-generated text accuracy or no AI reliance in their court submissions.In a notice issued on Nov. 21, the

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Global Standards Setter for Securities Regulation, IOSCO, Publishes Finalized Policy Recommendations for Crypto Markets

IOSCO, the global standards setter for securities markets regulation, began consulting on rules for the crypto sector in May covering issues such as market abuse, conflict of interest, client asset protection, disclosures and risks associated with crypto. Source

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Can crypto Privacy Pools help balance privacy and regulation?

Ethereum co-founder Vitalik Buterin recently authored a research paper, the primary focus of which was integrating privacy features into blockchain transactions while ensuring compliance with a range of regulatory requirements.Experts from various backgrounds collaborated on this research project, including early Tornado Cash contributor Ameen Soleimani, Chainalysis chief scientist Jacob Illum,

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Bank of England releases stablecoin regulation plan

The UK is setting new regulations for stablecoins and the wider cryptocurrency market, aiming to enhance financial stability and consumer protection while fostering innovation. The Bank of England (BOE), working with the Financial Conduct Authority (FCA), is rolling out a plan to manage the stablecoin market—cryptocurrencies that are usually tied to

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UK stablecoin regulation begins to take shape in multiple FCA, BOE documents

A suite of documents was published in the United Kingdom on Nov. 6 that concern stablecoin regulation. The Financial Conduct Authority (FCA) released a discussion paper, as did the Bank of England (BOE). To accompany those, the BOE’s Prudential Regulatory Authority (PRA) released a letter to CEOs of deposit-taking institutions,

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