Should generative AI such as ChatGPT make use of product placement ads? That’s a thorny question. getty Product placement ads. You’ve seen them. You might even be accustomed to them and accept t...
Tag: Law
Crypto Users’ Private Keys Now Protected by Law, But There’s a Catch
Yuri Molchan Wyoming legislators have passed bill that protects right of every person to keep their private keys undisclosed, except for one case Chinese crypto journalist and blogger Colin Wu has rep...
Coinbase just wants the SEC to follow the rule of law
Episode 12 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Coinbase Chief Legal Officer Paul Grewal. Listen below, and subscribe to The Scoop on Apple, S...
Florida Amends NIL Law As NCAA Cartel Continues To Fall
College Football: SEC Championship: Florida QB Tim Tebow (15) in action vs Alabama. Atlanta, GA … [+] 12/6/2008 CREDIT: Bob Rosato (Photo by Bob Rosato /Sports Illustrated via Getty Images) (Set...
Private Key Disclosure Protected Under New Wyoming Law
Wyoming’s legislature has enacted a bill forbidding the forced production of a private key in the U.S. state. Additionally, it protects digital identities and other state-granted rights and interests,...
Gretchen Whitmer’s Middle Class Tax Hike Doesn’t Get As Much Coverage As Blue State Wealth Tax Bills, But Is More Likely To Become Law
Michigan Gov. Gretchen Whitmer delivers her State of the State address to a joint session of the … [+] House and Senate, Wednesday, Jan. 25, 2023, at the state Capitol in Lansing, Mich. (AP Phot...
EU Banks Told by Regulator to Apply Bitcoin Caps Even Before They Become Law
“The BCBS standard is not yet legally binding pending its transposition in the European Union,” said a newsletter from the ECB, which is responsible for directly supervising the largest banks in the c...
Europe’s Latest ‘Green New Deal’ Is Counterpunch To U.S. Inflation Law
Employees at the BMW plant in Leipzig assemble the “drive module”, the underbody group with battery, … [+] for the electrically driven i3. BMW will make more of these in the US now, ...
Outthinking Generative AI ChatGPT To Straighten Out Those Vexing AI Hallucinations, Advises AI Ethics And AI Law
When using generative AI such as ChatGPT, here’s tips on how to avoid dealing with those nagging and … [+] vexing AI hallucinations. getty Are you thinking what they are thinking? If so, i...
EU regulator tells banks to impose Bitcoin limits before they become law
Although the global regulatory framework set out by the Basel Committee on Banking Supervision (BCBS) will not become legally binding before 2025, the European Central Bank (ECB) expects banks in the ...
FinTech Law Professor Tells Congress That Crypto Should Be Restricted From Banking System
Lee Reiners, policy director at the Duke Financial Economics Center, recommended that banking agenices restrict the crypto industry from accessing the banking system while testifying to the Senate Ban...
US law firm Pomerantz launches investigation into Paxos
Pomerantz has launched an investigation into Paxos on behalf of customers to unravel any wrongdoing by the Binance USD (BUSD) stablecoin issuer in the wake of the former’s battle with the Securities a...
Generative AI ChatGPT Steaming Up Those Amorous Dating Apps And Online Dating Portals, Bothering AI Ethics And AI Law
Generative AI is coming to dating apps and online dating portals, something to smile about or frown … [+] over. getty The language of love. Not everyone has the gift of gab when it comes to whis...
SEC Chair Gary Gensler Blames Kraken for ‘Choosing’ Not to Follow the Law
The crypto industry uproar following the SEC’s crackdown on staking services has been heard far and wide—yet the agency’s chairman isn’t budging an inch. Speaking with CNBC’s Squawk Box on Friday, SEC...
Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force – Mining Bitcoin News
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensi...
Stranded college savings plan can soon be rescued. New law lets 529 dollars roll into retirement
Kids change their minds a lot, so it’s understandable parents might be nervous to lock away money in a college savings plan. After all, what if your child decides to skip college or drop out? That mon...
Your Essential Guide To Generative AI ChatGPT And The Super Bowl, Plus Bonus AI Ethics And AI Law Insights
Thinking about the Super Bowl offers handy ways to use generative AI and might just help your party … [+] going efforts. getty Get ready to have your mind blown. I’ll ask you two *easy* question...
Adani Group Reportedly Hires Top U.S. Law Firm To Take On Hindenburg As Stocks Continue To Tank
Topline India’s Adani Group has hired New York-based law firm Wachtell, Lipton, Rosen & Katz to take on allegations against it raised by short-seller Hindenburg Research, the Financial Times repor...
Mississippi passes law protecting Bitcoin miners from discrimination
Lawmakers from the Mississippi senate have passed a new law establishing a framework for protecting Bitcoin (BTC) miners in the state. The bill dubbed the “Right to Mine” will protect Bitcoin mining f...
Signature Bank In Trouble; Law Suit Filed Against Crypto-Friendly Bank
Join Our Telegram channel to stay up to date on breaking news coverage New York-headquartered crypto-friendly bank is finding itself in some deep trouble as investigation around the FTX fiasco of 2022...
Bankruptcy Proceedings Come At A High Cost For FTX, Law Firm To Earn Millions
The FTX bankruptcy case has proved to be a lucrative opportunity for Sullivan & Cromwell, a well-known law firm, as it is expected to earn millions in fees for handling the fallen crypto empire’s ...
Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal – Bitcoin News
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and ...
Australia and the UK share their big picture of crypto: Law Decoded, Jan. 31–Feb. 6
While the British Treasury emphasizes the liberal approach, Australia goes with the profound taxonomy of all the crypto assets. The U.K. outline of the future financial services regulatory regime for ...
Did dYdX violate the law by changing its tokenomics?
On Jan. 24, the dYdX Foundation, the entity responsible for the dYdX decentralized crypto exchange, announced “changes” to its tokenomics — the way it distributes tokens to early investors, employees ...
Stop Fighting And Build The Light Amphibious Warship
LAWs may change the shape and size of America’s amphibious assault fleet Getty Images If the U.S. Navy fights China half as hard as it is currently fighting the U.S. Marine Corps over the Light ...
Justin Sun backs FTX Debt token ‘FUD’ in possible securities law breach
Justin Sun, the founder of exchange Huobi, has put his name behind Debt DAO, a project claiming to be issuing FTX users’ debt as a bond token, FUD, on behalf of FTX creditors. In a Twitter thread, Deb...
How Hard Should We Push Generative AI ChatGPT Into Spewing Hate Speech, Asks AI Ethics And AI Law
What are we to do about generative AI that produces offensive content such as hate speech? Getty Everyone has their breaking point. I suppose you could also say that everything has its breaking point....
El Salvador Implements New Law for Regulating Crypto
El Salvador has announced a new law that will place crypto regulation duties in the hands of both state and private entities. The idea is that these entities will hold sway over any digital currencies...
SEC is treating Ripple like a Ponzi scheme, law professor says
As the widely publicized case in which the United States Securities and Exchange Commission (SEC) is accusing Ripple of illegally selling the XRP token is awaiting its conclusion, one particular law p...
Getting Away With Proclaiming Generative AI ChatGPT Entitlement Even When The AI Sensation Isn’t Being Used, Troubling AI Ethics And AI Law
When everyone wants to get the ChatGPT afterglow, things can get somewhat out of hand. getty The real McCoy. I’m sure you’ve heard or possibly even used that famous catchphrase. We refer to something ...