Senator Tim Scott, the chairman of the US Senate Committee on Banking, Housing, and Urban Affairs, recently said that he expects a crypto market bill to be passed into law by August 2025. The chairman also noted the Senate Banking Committee’s advancement of the GENIUS Act, a comprehensive stablecoin regulatory bill, in March 2025, as…
Kentucky governor Andy Beshear has signed a measure known as the “Bitcoin Rights” bill, into law, enshrining protections for crypto users, as two other US states’ Bitcoin reserve legislation advanced. Crypto advocacy group the Satoshi Action Fund said in a March 24 statement to X that House Bill 701 protects the “right to self-custody, run…
Hollywood is squaring off against Silicon Valley in the battle over SB 1047, California’s first-of-its-kind AI safety bill. Amid doubts about whether Governor Gavin Newsom will sign the legislation, a wave of star-studded endorsements mark the first organized celebrity effort to advance AI regulations beyond the direct interests of the entertainment industry. On Tuesday, over…
Late Thursday evening, Oprah Winfrey aired a special on AI, appropriately titled “AI and the Future of Us.” Guests included OpenAI CEO Sam Altman, tech influencer Marques Brownlee, and current FBI director Christopher Wray. The dominant tone was one of skepticism — and wariness. Oprah noted in prepared remarks that the AI genie is out…
Bill Gates has spent billions funding technologies he thinks will shape the future — from fighting climate change to eradicating disease. Gates gets into the thick of it all in a new Netflix series called “What’s Next? The Future with Bill Gates.” It launches on September 18th with episodes on AI, climate change, inequality, misinformation,…
A controversial California bill to prevent AI disasters, SB 1047, has passed final votes in the state’s Senate and now proceeds to Governor Gavin Newsom’s desk. He must weigh the most extreme theoretical risks of AI systems — including their potential role in human deaths — against potentially thwarting California’s AI boom. He has until…
Update: California’s Appropriations Committee passed SB 1047 with significant amendments that change the bill on Thursday, August 15. You can read about them here. Outside of sci-fi films, there’s no precedent for AI systems killing people or being used in massive cyberattacks. However, some lawmakers want to implement safeguards before bad actors make that dystopian…
Update: California’s Appropriations Committee passed SB 1047 with significant amendments that change the bill on Thursday, August 15. You can read about them here. Outside of sci-fi films, there’s no precedent for AI systems killing people or being used in massive cyberattacks. However, some lawmakers want to implement safeguards before bad actors make that dystopian…
The House Energy and Commerce Committee suddenly canceled a markup to discuss and vote on 11 bills, including the American Privacy Rights Act (APRA) and the Kids Online Safety Act (KOSA). The committee did not provide a reason for the cancellation in its online notice, and committee members appeared surprised by the change, according to…