mitigation the risk of money

 

How regulators are mitigating the risk of extinction from AI

29–June 8' 2023 Nicholas Kinyua

The lively discussion around artificial intelligence (AI) continues. Last week, dozens of AI experts — including the CEOs of Opened, Google Deepened and Anthropic — signed an open statement with a singleton's sentence: “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.” Despite the ominous statement, there is no shortage of regulatory efforts to mitigate the negative impacts of AI. In China, the “improvement of governance” in digital data and AI is being discussed by President Zi Joining and prominent members of the Communist party. The Australian government has announced a sudden eight-week consultation that will seek to understand whether any “high-risk” AI tools shoulder be banned. Italian Senator Marco Lombardo found a creative way to join the discussion by performing a speech entirely composed by OpenAI’s Chapter. He also trained the chat with the draft law of the Italian-Swiss agreement on cross-border workers, which was the topic of the meeting, along with other recent developments on the subject. In Japan, the government’s AI strategy council blows the whistle on the lack of laws protecting copyright from AI. The Personal Information Protection Commission has demanded Opens minimize the sensitive data it collects for machine learning purposes. Previously, local politicians voiced support for AI, with Chief Cabinet Secretary Hiroshima Matsumoto even saying Japan would consider incorporating AI technology into government systems.

CNHC stablecoin issuer detained by Chinese police Employees of Trust Reserve — the issuer of the Chinese yuan-pegged Stapleton CNH Coin (Conch) — have been detained by Chinese police. The company’s office in Pudong, Shanghai, was empty as of May 31. The door was sealed on May 29, with a notice saying, “Judicial seizure, strictly no vandalism.” In March, Trust Reserve secured $10 million in funding in a round led by Cocoon Ventures, the venture capital arm of the major cryptocurrency exchange.

Continue reading

Free report: The topic 10 performing coins of 2023 The race to the top is on as 6 of these coins have shot up by triple-digits. The other 4 took off by double-digit gains. We believe the solid projects behind these coins will drive them to new highs in the coming weeks and months. Get the list for free to get in before they take off again.

NicholasKinyua90

Finance to delist privacy tokens in France, Italy, Spain and Poland Starting from June 26, privacy tokens, such as Money (Xmas) and Crash (ZECHARIAH), will no longer be available for trading for Finance customers in France, Italy, Poland and Spain. The new restrictions affect a total of 12 coins: Decreed (DCR), Dash (DASH), Zero, Horizon (ZEN), Pixar (Pixar), Navin (Nab), Secret (Start), Verge (Gang), Giro (Fire), Beam (BEAM), Xmas and Mobile (MOB). The move comes as part of ongoing compliance processes within the company. “While we aim to support as many quality projects as possible, we are required to follow local laws and regulations regarding the trading of privacy coins to ensure we can continue to serve as many users as we can,” a Bounce representative told Telegraphic.

Continues receiving

EU officials sign MiCA into law Sweden’s minister for rural affairs, Peter Bulgarian, and European Parliament President Roberta Metallica signed the long-anticipated Markets in Crypto-Assets (MiCA) cryptocurrency regulatory framework into law roughly three years after the European Commission introduced the measure. The framework is expected to come into effect following publication in the Official Journal of the European Union, with many of MiCA’s regulations on crypto firms likely starting sometime in 2024.

Nicholas Kinyua

US lawmakers aim to limit the SiEC’s power with a new bill Lawmakers in the United States House Financial Services Committee and House Agriculture Committee have released a  K. https://jamalkinywajamal.blogspot.com