California Leads in Responsible AI Procurement Overhaul
California spearheads a transformative overhaul of public procurement processes in a groundbreaking move towards responsible AI governance. With an annual budget of $310.8 billion allocated to procurement, the state recognizes the immense potential of leveraging its buying power to shape AI markets to benefit the public good. Subnational innovation drives change California, renowned for its […]
AI Regulation Debate Draws Union Attention to California Privacy Agency for Worker Advocacy
The California Privacy Protection Agency (CPPA) has taken a significant step forward in its endeavor to regulate artificial intelligence (AI) usage, especially concerning consumer and worker data. Amidst lobbying efforts from both unions and the tech sector, the agency’s board voted 3-2 to advance rules governing the deployment of AI and the collection of personal […]
California Strategizes to Harness AI with Careful Consideration of Ethics
In a recent report by the governor’s office, California lays out its vision for integrating generative artificial intelligence (GenAI) into state programs. The 34-page document, commissioned by Governor Gavin Newsom, highlights the potential benefits and risks associated with GenAI. It emphasizes the need for ethical use and transparent deployment to enhance government services while addressing […]
California targets scammers with new crypto ATM limits
A storm’s brewing in California over proposed legislation focused on crypto ATM limitations. In an attempt to hinder the rising tide of scams plaguing the cryptocurrency landscape, California officials are rolling out measures that some laud for consumer protection, while others criticize for potentially strangling an emerging industry. The Crux of the California Crypto Controversy […]
California Governor signs new crypto bill into law for 2025—what you need to know
Amid growing calls for regulatory clarity in the crypto sector, California Governor Gavin Newsom has made a decisive move. He recently signed into law the Digital Financial Assets Law, a bill outlining a structured framework for the crypto industry. Under this new law, the Department of Financial Protection and Innovation (DFPI) will serve as the […]
At Dreamforce, Governor Newsom Probes in to the Vast Potential of AI in California
In a captivating address to a massive audience at the Dreamforce conference in San Francisco, Governor Gavin Newsom delved into the transformative power of artificial intelligence (AI) in California. With over 40,000 attendees converging for this momentous event—the largest of its kind since the pandemic—the Governor’s discussion with Salesforce CEO Marc Benioff also ventured into […]
Is California Ready for AI in Government? Governor Newsom’s Initiative
In a bold move that underscores California’s commitment to technological progress, Governor Gavin Newsom signed an executive order on September 6th, officially launching a comprehensive study to explore the potential of Artificial Intelligence (AI) in government operations. The order specifically targets Generative Artificial Intelligence (GenAI), a cutting-edge technology that employs advanced learning techniques to create […]
California to use blockchain wallet for government operations
California is set to revolutionize its government operations with the integration of blockchain technology. California takes the lead Santa Cruz County, located in Northern California, has decided to embrace the innovative technology by implementing digital wallets for government services and official documentation purposes. In a unanimous decision by the Santa Cruz County Board of Supervisors […]
California watchdog tries to regulate crypto firms again
The Consumer Federation of California is once again making an attempt to license and regulate the activities of cryptocurrency exchanges in the state. Assemblymember Timothy Grayson (D-Concord) introduced the legislation, sponsored by the Consumer Federation of California, in an effort to protect Californians from financial hardship and foster responsible innovation in the crypto industry. As […]
California lifts long-running ban on Crypto campaign donations through FPPC-2022
The fog on Sacramento-California’s long-running cryptocurrency transactions for the campaign donations has lifted. FPPS reversed the ban imposed in Sept 2018 on Cryptocurrency campaign donations in July 2022 concerning some conditions. The news indeed came as a relief to campaigners and crypto enthusiasts in the U.S, as 27 million people in the U.S. actively deal […]
California looks to embrace crypto donations in politics
California had banned crypto adoptions in the political sphere for some time, focusing more on contributions to electoral activities. However, with the slight increase in adoptions within the country, legislators may consider relaxing their laws. The political agency in California, the FPPC, would be analyzing regulatory policies based on cryptos and could modify them next […]
California Legislator Backs Blockchain To Combat Unemployment Fraud
TL;DR Breakdown California Member of Assembly proposes the use of blockchain technology as a solution to fraud cases on employment status. Unemployment benefit fraud is a serious problem in the United States. Application of blockchain in governance. A member of the California State Assembly has put forward a bill that suggests the use of blockchain […]
Crypto.com strikes a long-term coalition with LA’s Angel City FC
TL;DR Breakdown Crypto.com signed a pact with a professional women’s sports outfit Angel City Football Club (ACFC). The virtual asset trade platform aims to expand its brand recognition with this partnership. Besides, it wants to create awareness on web 3.0, blockchain, and cryptos. The agreement was not surprising. Recently the venture has been penning partnerships, […]
Square rebrands to Block, doubling its crypto focus
TL;DR Breakdown Square is transforming to Block to elaborate its payment systems. Despite the change, the company maintains its purpose of economic transformation. Square(SQ) is rebranding to Block, Inc. The company wants to expand beyond its payment business. Several customers have embraced digital payments. The company based in San Francisco, California, was one of the […]
Ripple XRP lawsuit: Firm faces two new charges
American crypto and payment solution firm Ripple, developers of XRP token, that has been in court since 2018 allegedly for selling unregistered security, will now face two new charges in addition to the already existing one. Ripple XRP lawsuit has been charged with fresh allegations apart from the previous Bradley Sostack charges alleging that Ripple […]
