Government Faces Criticism Over Lack of Legislation on AI Governance
To harness the potential benefits of artificial intelligence (AI) in public services, the UK government has established a dedicated unit for AI innovation. However, amidst growing enthusiasm for AI integration, concerns have emerged regarding the need for robust governance frameworks to mitigate potential risks. Recent revelations of the Post Office scandal, where flawed AI software […]
UK government aims to pass crypto regulation ahead of the general election
To establish clearer guidelines for the burgeoning cryptocurrency market, the UK government is intensifying efforts to enact crypto-specific legislation within the next six months. Economic Secretary to the Treasury, Bim Afolami, affirmed the government’s commitment to this endeavor during a recent crypto event hosted by Coinbase in London on February 19. Government’s commitment to crypto […]
Urgent Call to Government Leaders To Address AI Threats and Climate Crisis
In a bold move, a coalition of influential figures has issued an open letter, urging government leaders worldwide to take decisive action against the escalating threats posed by artificial intelligence (AI) and the climate crisis. Spearheaded by notable personalities such as Richard Branson, former United Nations Secretary-General Ban Ki-moon, and Charles Oppenheimer, grandson of physicist […]
UK government addresses privacy concerns in digital pound consultation
The United Kingdom’s efforts to address privacy concerns surrounding the proposed digital pound have garnered positive responses from experts in the crypto industry. The results of the highly anticipated UK consultation on the digital pound were released by the Bank of England (BoE) and the Treasury, revealing that while many respondents welcomed the proposed design, […]
