regulation
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18 states want the SEC to stop enforcing crypto regulation
The US Securities and Exchange Commission wants to “unilaterally wrest regulatory authority away from the States” when it comes to crypto, according to a lawsuit from 18 states. These states want to halt the SEC’s enforcement actions, so they can manage crypto regulation instead. Also named as a plaintiff on the suit is the DeFi Education Fund, a special interest…
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Microsoft slams Google’s ‘shadow campaigns’ as feud over cloud regulation escalates
Microsoft has fired shots at Google over its activity in the European cloud market, accusing the latter of conducting ‘shadow campaigns’ in the region. Rima Alaily, competition and market regulation lead at Microsoft, took to the company blog and claimed Google has played a part in creating a new organization designed specifically to discredit Microsoft. She called it an “astroturf”…
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AI innovation Should Be Balanced With Sensible Regulation
Australian-grown tech startup Dovetail’s CEO has backed the need for AI regulation to ensure the booming technology is not used for “nefarious purposes.” However, he said the practical aspects of compliance will determine how easy or difficult it is for businesses deploying AI to comply with. Benjamin Humphreys has grown customer insights platform Dovetail over the last seven years to…
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Big tech is flexing its muscle to try and ‘water down’ California’s AI regulation – here’s why that’s a problem
California’s AI bill is set to move forward with several amendments made under the direction of tech companies, prompting upset among some industry experts who feel this undermines the legislation’s strength. Scott Wiener – the senator behind the bill – announced amendments in a statement via his office last week, stating that the bill had been passed by the Assembly…
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