The letter was signed by crypto opponents and many lawmakers who had been neutral on crypto until now.
Category: White house
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US House Democratic coalition creates AI working group
Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology.
Pentagon forms ‘Task Force Lima’ to map generative AI for US defense
Task Force Lima will look into how artificial intelligence can be used across the U.S. defense, including warfighting capabilities.
Biden administration launches AI cybersecurity challenge to ‘protect Americans’
With an allocation of nearly $20 million in rewards, the AI Cyber Challenge brings together prominent AI enterprises such as Anthropic, Google, Microsoft, and OpenAI.
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.
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AI companies commit to safe and transparent AI, White House reports
The Biden Administration emphasized the responsibility of these companies in ensuring the safety of their products.
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Robert F. Kennedy Jr. invested up to $250,000 in Bitcoin after Miami’s conference
The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin.
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Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida
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President Biden announces nominations for key positions at Federal Reserve
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency.
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Argentina says no to crypto payments, France tolerates ‘finfluencers’: Law Decoded, May 1–8
Argentina’s central bank banned payment providers from offering crypto transactions, adding that it intends to reduce the country’s payment-system exposure to digital assets.
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