United States securities laws are not flexible enough to account for digital assets, as evidenced by the parade of crypto-native companies that have tried and failed to get into the Securities and Exchange Commission’s (SEC) good graces, Rodrigo Seira, special counsel to Cooley LLP, told a House Committee hearing on April 9. The hearing, titled…
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…
Former head of the National Security Agency, retired Gen. Paul Nakasone, will join OpenAI’s board of directors, the AI company announced Thursday afternoon. He will also sit on the board’s “security and safety” subcommittee. The high-profile addition is likely intended to satisfy critics who think that OpenAI is moving faster than is wise for its…