First deadline window looms for SEC to approve Bitcoin ETFs: Law Decoded
Even if approved by Nov. 17, the spot Bitcoin ETFs are unlikely to come to market for at least a month after approval. Go to Source
Senate
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9 US Senators publicly back Elizabeth Warren’s crypto bill
Senator Elizabeth Warren announces the expansion of her coalition to crack down on “crypto’s use in money laundering, drug trafficking, sanctions evasion.” Go to Source
How senators plan on regulating AI: Law Decoded, Sept. 4–11
Senators Richard Blumenthal and Josh Hawley’s framework emphasizes that technology companies cannot rely on liability protections to shield them from legal actions. Go to Source
US Senate confirms Philip Jefferson as Federal Reserve vice chair
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036. Go to Source
U.S. Senate wants companies to report investments in Chinese technologies
The Senate showed overwhelming support that would require U.S. companies to report any outbound investments into Chinese technologies. Go to Source Powered by WPeMatico
Two more crypto bills in the US: Law Decoded, July 17–24
Last week was marked by two new legislative initiatives for the crypto industry in the United States. Go to Source Powered by WPeMatico
US Senators to have classified AI briefing at the White House
U.S. Senators will take part in the country’s first-ever classified Senate briefing on AI which will place in conjunction with the Department of Defense and Intelligence Community. Go to Source Powered by WPeMatico
North Carolina House passes bill to commission study on holding Bitcoin
The study would examine the possible impact of holding crypto and how the state would custody a digital currency. Go to Source Powered by WPeMatico
U.S. Senator Chuck Schumer calls for ‘comprehensive’ AI legislation
The U.S. majority senate leader plans to call for urgent bipartisan action from Congress to create “comprehensive legislation” for upcoming AI systems. Go to Source Powered by WPeMatico
US senators propose bill to eliminate section 230 protection for AI companies
The bipartisan bill purportedly seeks to hold companies accountable for harm, but it’s unclear whether section 230 even applies to AI. Go to Source Powered by WPeMatico