UN Secretary-General António Guterres joins the call for AI regulation, comparing its potential threat to humanity to nuclear war. European Parliament passes world’s first-ever AI legislation, while OpenAI CEO Sam Altman supports regulating AI through establishing a government office and standards for development.
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Biden’s Blockchain Focus: Digital Identity, DLT Advancements, and Balancing Privacy
The US government has emphasized the development of critical and emerging technologies, including digital identity infrastructure and distributed ledger technologies (DLT). As blockchain gains significance in the economic landscape, challenges arise in balancing innovation and privacy, while aiming to bolster US competitiveness and maintain a secure digital environment.
Palau’s Hasty Retreat: Hanged Hopes or Valuable Lesson in Crypto Adoption?
Just a month after launching its U.S. dollar stablecoin, the Pacific nation of Palau has unexpectedly halted the project. The move has sparked curiosity as to why the project, which promised to reduce transaction costs and increase transfer speed for Palau citizens, was abruptly discontinued.