AI companies commit to safe and transparent AI, White House reports
The Biden Administration emphasized the responsibility of these companies in ensuring the safety of their products. Go to Source Powered by WPeMatico
White house
Auto Added by WPeMatico
Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami’s conference
The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin. Go to Source Powered by WPeMatico
Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida
On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida’s Uniform Commercial Code (UCC) now explicitly forbids the use of a federally adopted CBDC as money. Florida Puts the Brakes on CBDCs The … Read more
President Biden announces nominations for key positions at Federal Reserve
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency. Go to Source Powered by WPeMatico
Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets. Go to Source Powered by WPeMatico
White House to build international standards for DLT
The White House national strategy listed eight emerging technologies with a focus on building international standards and finding use cases in the economic sector. Go to Source Powered by WPeMatico
US vice president gathers top tech CEOs to discuss dangers of AI
Vice President Harris gathered the heads of several AI development firms to discuss potential risks posed by the budding technology. Go to Source Powered by WPeMatico
White House advisors renew push for 30% digital mining energy tax
The May 2 blog post by the White House’s Council of Economic Advisers (CEA) has already attracted strong criticism from the community. Go to Source Powered by WPeMatico
Biden’s comms director barred from former crypto clients: Report
Decentralized exchange UniSwap and venture capital firm Andressen Horowitz were revealed as former clients of LaBolt in a recently published public financial disclosure report. Go to Source Powered by WPeMatico
U.S. Congress to introduce new draft bill for stablecoins
Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country. Go to Source Powered by WPeMatico
