AI Techno Byte

Senator Tim Scott is confident market structure bill passed by August

admin1 month ago04 mins

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…

California’s legislature just passed AI bill SB 1047; here’s why some hope the governor won’t sign it

admin9 months ago020 mins

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…