The European Parliament adopted a new AML law package which increases the reporting requirements of crypto asset service providers (CASPs) when sending and receiving ‘anonymous’ payments between self-hosted wallets and custodial service providers, in addition to limits on cash transactions and the establishment of a ‘central watchdog’ agency, which will …
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The United Kingdom’s government is in danger of regulating nonfungible tokens (NFTs) in a way that doesn’t suit the true nature of the nascent technology, says Mintable CEO and founder Zach Burks. In an interview with Cointelegraph, Burks said he believes a recent report from a U.K. parliamentary committee significantly exaggerates …
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Last week, two United States senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation. The framework put forward by Senators Richard Blumenthal and Josh Hawley advocates for mandatory licensing for AI firms and makes it clear that technology liability protections will not shield these companies from legal action. The …
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Mira Murati, the chief technology officer at OpenAI, believes government regulators should be “very involved” in developing safety standards for the deployment of advanced artificial intelligence models such as ChatGPT. She also believes a proposed six-month pause on development isn’t the right way to build safer systems and that the …
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The Supreme Court on Monday stated it could hear on February 3 a batch of pleas difficult controversial state legal guidelines regulating spiritual conversions attributable to interfaith marriages. A bench comprising Chief Justice DY Chandrachud and justices PS Narasimha and JB Pardiwala …
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A file photograph of the annual Bokkapuram temple car festival at the Bokkapuram Temple near the Mudumalai Tiger Reserve, which attracts hundreds of devotees. | Photo Credit: M. SATHYAMOORTHY With a series of temple festivals set to commence in the buffer zone of the Mudumalai Tiger Reserve (MTR) starting from …
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