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United States President Joe Biden has vetoed a resolution that would have overruled the U.S. Securities and Exchange Commission Staff Accounting Bulletin No. 121. Go to Source
U.S. President Joe Biden issued a veto against H.J.Res. 109, a resolution that would disapprove of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121). In its veto document, Bides states that the approval of this Republican-led resolution would “inappropriately constrain the SEC’s ability to set forth appropriate guardrails and address … Read more
The White House has issued a statement opposing the passage of the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote today. However, the Biden Administration offered to collaborate with Congress to establish a balanced regulatory framework for digital assets. The White House’s statement was preceded by … Read more
The U.S. House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets. The resolution seeks to reduce regulatory burdens and promote safer custodianship of digital assets by regulated banks. However, the White House has backed the SEC, issuing a veto threat, … Read more
The board includes the CEOs of Adobe, Alphabet, Anthropic, AMD, AWS, IBM, Microsoft, and Nvidia, as well as other business, civil rights, and academic leaders. Go to Source
The letter was signed by crypto opponents and many lawmakers who had been neutral on crypto until now. Go to Source
Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology. Go to Source
Task Force Lima will look into how artificial intelligence can be used across the U.S. defense, including warfighting capabilities. Go to Source
With an allocation of nearly $20 million in rewards, the AI Cyber Challenge brings together prominent AI enterprises such as Anthropic, Google, Microsoft, and OpenAI. Go to Source
Last week was marked by two new legislative initiatives for the crypto industry in the United States. Go to Source Powered by WPeMatico
