FTC wants to streamline AI investigations with new measures
The new measures empower Federal Trade Commission (FTC) employees to issue civil investigative demands to AI developers suspected of breaching consumer protection rules.
The new measures empower Federal Trade Commission (FTC) employees to issue civil investigative demands to AI developers suspected of breaching consumer protection rules.
Google debuts Lyria, an AI music tool, earning praise, partners with YouTube for testing, and also launches SynthID watermarking for AI-generated audio, tackling deep fake risks.
Dubai's VARA is reshaping leadership for market growth as CEO Henson Orser departs. Finance expert Mathew White is stepping in, marking a strategic shift for the regulatory authority.
South Korea's Hana Securities is planning a 2024 STO platform launch with Itcen and INF Consulting, aiming for comprehensive management and a full-scale rollout via strategic partnerships.
The announcement comes over a year after Bittrex was forced to pay more than $53 million in settlements to the OFAC and FinCEN for failing to implement effective sanctions and AML compliance.
Regulators from 131 jurisdictions worldwide are recommending a set of standard policies similar to those in traditional financial markets, with the suggestions targeted at digital asset service providers.
The U.S. Securities and Exchange Commission has charged Kraken and Coinbase with selling unregistered securities, revealing asset risks and regulatory challenges, as industry leaders grapple with compliance issues and fiscal discrepancies.
Bundestag's Joana Cotar argues that BTC is a better alternative to cash than a CBDC, citing the possibility of regulators to heavily monitor the digital euro and misuse data.
Australia has updated its tax guidance to include any interaction with decentralized lending platforms, liquidity pools and providers, and wrapped tokens.
YouTube is set to implement AI policy changes, mandating creators to label AI-generated content in video descriptions, with non-compliance risking removal.
The Democratic Party of South Korea says that holding digital assets isn’t illegal, but lying about it will lead to a candidate’s nomination cancellation.
U.S. Treasury Secretary Janet Yellen says finance ministers of the world’s most powerful economies will discuss CBDCs, stablecoins, and “unbacked crypto-assets.”