US senators propose AI bills for transparency and innovation
The bipartisan bills target government transparency when using AI and the formation of a new Office of Global Competition Analysis to stay on top of innovation.
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Economics of Bitcoin ATM market could hinder wider adoption
Bitcoin of America’s shutdown in Connecticut highlights the obstacles for companies operating crypto ATMs.
Does the US have a crypto ‘tax loophole’ problem?
The Biden administration wanted to nix a “special tax subsidy for cryptocurrency,” but it wasn’t in the May 28 debt ceiling bill. Another narrow escape?
What the ‘anti-mining bill’ means for the crypto industry in Texas
The Lone Star State has become one of the hottest points on the U.S. map in terms of crypto regulation.
Biden won’t accept debt deal protecting crypto traders — G7
U.S. President Joe Biden expressed opposition to a debt ceiling deal that would allegedly benefit crypto traders.
Congressional crypto hearing illustrates political stalemate on digital assets
The hearing was filled with a heavy amount of criticizing the SEC, urging to take matters of regulation into Congress’ hands and empowering the CFTC.
US strips Ethereum dev Virgil Griffith of export privileges for 10 years
The export privilege ban comes from Griffith’s conviction and further impacts his involvement in international trade and transactions.
OpenAI CEO to testify before Congress alongside ‘AI pause’ advocate and IBM exec
AI experts from IBM, NYU, and OpenAI will testify before the U.S. Senate on May 16 in a hearing entitled “Oversight of A.I.: Rules for Artificial Intelligence.”
SEC crackdown on crypto staking in the US could boost decentralization
Recent regulatory actions have crypto staking providers in the United States on edge.
What the Gensler hearing means for US crypto regulation and policy
Gensler was reluctant to go into details and faced symbolical pressure rather than genuine attempts to interrogate, leaving the crypto industry without any new clarity.
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