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Tag: Senate Committee

AI Firms Should Adopt KYC Policies to Combat Misuse, Microsoft Exec Suggests – Decrypt

With reports that China and Russia are using AI to target Americans, Microsoft President Brad Smith told U.S. lawmakers today that Know Your Customer...

How senators plan on regulating AI: Law Decoded, Sept. 4–11

Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and...

Blockchain Association responds to US lawmakers’ request for crypto tax guidance

The Blockchain Association, a United States-based cryptocurrency advocacy group, has submitted suggestions for lawmakers to consider in potential legislation on the tax treatment of...

Crypto: East v West

As regulators around the world scramble to work crypto out, some familiar divides are re-emerging.CoinJar UK customers this week received an email informing them...

Australian Senate Committee Opposes Crypto Regulation Bill

Bitcoin News The consultation process has been given the go-ahead to resume.  The Economics Legislation Committee has been hard at work...

Australian lawmakers send back crypto bill by Andrew Bragg

Australia’s Senate Committee on Economics Legislation has finally provided feedback to the cryptocurrency bill introduced by senator Andrew Bragg.The committee on Sept. 4 reported...

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg

“The Senate Committee was expected to report on this Bill over a month ago and the industry has been eagerly awaiting Treasury consultation on...

Jacobi Bitcoin ETF ‘BCOIN’ is Finally Green Lighted

According to former SEC Attorney John Reed Stark, the SEC is unlikely to approve a Bitcoin Spot ETF under the current leadership of Gary...

SoFi Bank’s Crypto Holdings Surge to $170 Million, Including $ADA and $DOGE

San Francisco-based banking institution SoFi has recently revealed in its second quarter earnings report that its cryptocurrency holdings have surged to near $170 million,...

SEC’s Gensler Seeks to Increase Agency Budget Citing ‘Wild West’ of Crypto

The SEC Chairman sought an additional $70 million in funding, citing crypto markets that were “rife with noncompliance” as one of the reasons....

US Senate Finance Committee asks digital asset community how to tax it in open letter

United States Senate Financial Services Committee Chair Ron Wyden and ranking member Mike Crapo released an open letter to the digital asset community on...

Take AI Warnings Seriously, Says UN Secretary-General – Decrypt

The dangers of generative AI were again the topic of high-level discussions among world leaders as the Secretary-General of the United Nations joined a...

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