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PROOF Act: US senators introduce bipartisan proof of reserves bill
Under the U.S. bipartisan bill PROOF Act, the results of monthly PoR inspections would be submitted to the Department of...
Meta lawsuit claims platform’s use of AI algorithms endanger child safety
Lawyers representing 34 U.S. states claim in their lawsuit that Meta is engaged in multiple offenses that potentially harm teenagers...
Biden’s new executive order to regulate AI development—but we need oversight for everyone
The Biden administration's new standards will force AI system developers to report to the federal government on their progress, and...
IRS extends feedback deadline for new digital asset tax rules to mid-November
Feedback on the proposed digital asset tax reporting rules has been extended until November 13, according to the IRS, which...
Biden expected to sign much anticipated executive order on AI next week
AI tools in the United States could soon face stringent evaluations before they can be used by federal personnel, with...
Coinbase accuses SEC of jurisdictional overreach in last-ditch attempt to have suit dismissed
In a filing with the U.S. District Court for the Southern District of New York, Coinbase blasted the Securities and...
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