Whether increased regulation would have prevented the spectacular collapse of cryptocurrency exchange FTX was fiercely debated at a hearing of the Senate’s banking committee Wednesday. However, new ...
Big Tech is poised to continue playing defense this year in the face of mounting public and political scrutiny over the generally unchecked collection and use of user data. The focus on Facebook seems ...
Republican Sen. Lindsey Graham of South Carolina challenged Facebook CEO Mark Zuckerberg on whether the social media giant was a monopoly in the first of two Capitol Hill hearings this week. “You ...
The GENIUS Act is the first federal legislation to regulate stablecoins, requiring full 1:1 backing, public reserve disclosures, and federal licensing. Stablecoins offer faster, cheaper, and more ...
Last week, the Biden administration secured voluntary commitments focused on managing the risks posed by artificial intelligence from seven top companies, including Anthropic. The event is scheduled ...
The European Union’s (EU) proposed plan to regulate the use of artificial intelligence (AI) threatens to undermine the bloc’s social safety net, and is ill-equipped to protect people from surveillance ...