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The White House has issued a statement opposing the passage of the crypto bill Financial Innovation and Technology for the 21st Century (FIT21) Act ahead of the House vote today. However, the Biden Administration offered to collaborate with Congress to establish a balanced regulatory framework for digital assets. The White House’s statement was preceded by … Read more
The U.S. House of Representatives has passed H.J. Res. 109, a resolution aimed at overturning the Securities and Exchange Commission’s SAB 121 regulations on digital assets. The resolution seeks to reduce regulatory burdens and promote safer custodianship of digital assets by regulated banks. However, the White House has backed the SEC, issuing a veto threat, … Read more
The board includes the CEOs of Adobe, Alphabet, Anthropic, AMD, AWS, IBM, Microsoft, and Nvidia, as well as other business, civil rights, and academic leaders. Go to Source
The letter was signed by crypto opponents and many lawmakers who had been neutral on crypto until now. Go to Source
Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology. Go to Source
Task Force Lima will look into how artificial intelligence can be used across the U.S. defense, including warfighting capabilities. Go to Source
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. Go to Source
Last week was marked by two new legislative initiatives for the crypto industry in the United States. Go to Source Powered by WPeMatico
The Biden Administration emphasized the responsibility of these companies in ensuring the safety of their products. Go to Source Powered by WPeMatico
The recent investment disclosure contrasts with his claims in May that he was not an investor in Bitcoin. Go to Source Powered by WPeMatico