China rolls out interim measures for safe AI usage, lessens restrictions
Chinese government has outlined new regulations that will standardize innovation in the sector mandating generative AI content to conform to existing socialist ideals.
Chinese government has outlined new regulations that will standardize innovation in the sector mandating generative AI content to conform to existing socialist ideals.
The latest changes in the initial rules seek to control the use of AI platforms that are reportedly not in line with the Chinese government's blueprint while ensuring their safe usage.
The latest AI regulations include the need for service providers to ensure their content is in line with IP laws and should undergo a security assessment before being released to the public.
U.S. Department of the Treasury's Office of Foreign Assets Control said that cybercriminals regularly used Tornado Cash to launder money amounting to more than US$7 billion since 2019.
The government of China is calling for an “intensive and balanced layout of blockchain technology infrastructure” in 15 zones even after the digital currency ban.
While the list names some of China’s largest companies, there are also a number of startups involved in crypto wallets, public chains, and mining pools.
Under the new regulations, blockchain information service providers are within the purview of the CAC and a range of penalties has been outlined for the violation of the provisions.
The Chinese government will be implementing new regulations for blockchain companies starting February 15.
Authorities in China have floated draft rules on blockchain projects for public consultation, in a process that is expected to run until November 2.
The Internet censorship agency of China, the Cyberspace Administration of China (CAC), has released the draft of a framework it intends on introducing to regulate the blockchain industry in the company.