California AI bill under scrutiny by US policymakers
Senator Scott Wiener defends California’s AI bill, SB 1047, against criticism from Nancy Pelosi and other policymakers, emphasizing the need for oversight beyond tech companies. Go to Source
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California county to regulate Bitcoin ATMs backed by state laws
Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency. Go to Source
Kansas adjourns crypto bill targeting political donations to January 2024
The bill required politicians to “immediately convert” the crypto donations to U.S. dollars — with no scope of expenditures or HODLing the funds. Go to Source
UK House of Lords passes bill to seize stolen crypto
During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes. Go to Source
UK crypto bill reaches final stage, on track for passage
The legislation now waits on King Charles’ table for royal assent, the final step required for a parliamentary bill to become law. Go to Source Powered by WPeMatico
US lawmakers introduce National AI Commission Act
A group of United States lawmakers introduced a bill to establish a commission on the approach toward artificial intelligence. Go to Source Powered by WPeMatico
US House Committee releases new stablecoin bill draft
The draft bill is set to go before the House Committee for discussion on June 13, and if approved by the House and the Senate, it could become the first form of crypto legislation in the U.S. Go to Source Powered by WPeMatico
Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature to Vote on Crypto Laws by End of July The State Duma, the lower house of … Read more
Bitcoin mining and increasing energy bills — Sen. Warren vs. Crypto Twitter
“I’ve been ringing the alarm about the risks that Bitcoin poses to our power grids and climate,” said Senator Warren, agreeing with a New York Times article on the matter. Go to Source Powered by WPeMatico
Police in Kosovo Seize Crypto Mining Rigs From Serbs
Kosovo police have seized dozens of crypto mining devices from residents of a majority Serb region in the north of the country. Authorities in Pristina and Belgrade exchanged accusations over the move, which has the potential to raise tensions in the ethnically divided, partially recognized Balkan state. Kosovo Government Cracks Down on Crypto Mining in … Read more
