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Nalezeno "ai laws": 838

Australia asks if ‘high-risk’ AI should be banned in surprise consultation

1.6.2023
The Australian government suddenly announced a new eight-week consultation to ask how heavily it should police the AI sector

Russia to Enact Laws to Regulate Crypto Exchange Action; Profiles Use of Cryptocurrency to Bypass Sanctions

30.5.2023
The government of Russia is preparing to regulate the establishment and action of crypto exchanges, abandoning its earlier proposal of the creation of a unique national platform. Anatoly Aksakov, head of the Russian State Duma Financial Markets Committee, stated that crypto exchanges could help...

Japan to Apply Tougher Crypto AML Regulations, ‘Travel Rule’ in June

25.5.2023
Stricter anti-money laundering (AML) measures for the crypto sector in Japan will enter into force next month, local media reported. The new rules were adopted to align the country’s legal framework for cryptocurrencies with global standards in the field. Japan to Enforce Legislation Allowing...

Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report

24.5.2023
Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers

South Korea’s lead party wants crypto disclosure laws to apply earlier: Report

24.5.2023
The proposed bill would require top government officials and lawmakers to declare all personal crypto holdings over $760

UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say

22.5.2023
Should the country decide to issue a digital pound, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at U.K.-based Keystone Law

Regulatory Battle: Grayscale Challenged by SEC’s Designation of Filecoin as Security

18.5.2023
Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the crypto asset filecoin qualifies as a security under federal...

Korean lawmakers rally towards crypto rules in May after grisly murder case: Report

18.5.2023
Crypto policy making efforts have been reignited in South Korea after a woman was murdered following a dispute over digital assets

Tax Authority Slated to Become Main Crypto Regulator in Russia

17.5.2023
Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market...

SEC revises $22M punishment against LBRY, seeks $111K instead

15.5.2023
The SEC originally wanted LBRY to pay millions of dollars in penalties, but now concedes the defunct firm can’t pay up that amount

Russian Companies ‘Actively’ Using Crypto, Russia to Adopt 4 Relevant Laws, Official Says

14.5.2023
Russian lawmakers intend to soon approve four bills designed to regulate various aspects of cryptocurrencies, a high-ranking member of the Russian parliament announced. Meanwhile, Russian companies are already using digital assets in cross-border settlements, the official noted. Russian Legislature...

Estonia squeezes out 400 crypto firms after new laws

9.5.2023
Estonia’s money laundering regulator highlighted a number of issues it found within local crypto firms, such as dodgy execs and nonsensical business plans

Hong Kong to step in as ‘options are dwindling’ globally — FinTech chair

8.5.2023
Neil Tan, Chair of the FinTech Association of Hong Kong, said the opening of the financial industry to digital assets was “just a natural progression."

US vice president gathers top tech CEOs to discuss dangers of AI

5.5.2023
Vice President Harris gathered the heads of several AI development firms to discuss potential risks posed by the budding technology

Terraform Labs seeks to dismiss class action arguing US laws don’t apply

5.5.2023
Federal securities laws only apply in the United States, but the protocols were developed overseas, argues Terraform Labs

Ron DeSantis Vows to Prohibit CBDC, ‘Woke Politics,’ and ‘Financial Surveillance’ in Florida

3.5.2023
Florida governor Ron DeSantis reiterated his call for a ban on central bank digital currencies (CBDCs) during a visit to Jacksonville on Tuesday. Last March, DeSantis pushed for legislation to prohibit a CBDC in Florida. At Tuesday’s event called “Government of Laws, Not Woke Politics,”...