U.S. Senate Discusses Key Concerns in AI Regulation Hearing
In a recent live-streamed hearing titled “Oversight of A.I.: Legislating on Artificial Intelligence,” the U.S. Senate Committee on the Judiciary looked into various aspects of artificial intelligence (AI). This hearing held just before a closed-door meeting with prominent figures in the tech industry, addressed significant concerns regarding AI regulation. This article breaks down the primary […]
US Senate approves $886 billion defense bill, targets crypto mixers with AML provisions
The United States Senate recently approved an $886 billion defense bill, a move that resonates across various sectors, including the cryptocurrency industry. The legislation, known as the National Defense Authorization Act (NDAA), includes anti-money laundering (AML) provisions targeting cryptocurrency mixers. Cryptocurrency mixers, or tumblers, are privacy tools designed to mix potentially identifiable or ‘tainted’ cryptocurrency […]
US Senate approves legislation mandating reporting of investments in Chinese technologies
The US Senate has backed legislation that mandates US companies to report any investments in Chinese technologies. The National Defense Authorization Act (NDAA) amendment was supported by a vote of 91 to 6. The NDAA, which sets policy for the Department of Defense, is expected to become law later this year. This amendment is a […]
Historic Senate hearing sees OpenAI CEO Sam Altman championing AI safety
In a historic event that marked a significant milestone for the field of artificial intelligence (AI), OpenAI CEO Sam Altman recently testified before the Senate in a hearing focused on AI safety. This groundbreaking hearing shed light on the challenges and opportunities presented by AI, as well as the measures necessary to ensure its safe […]