President Joe Biden signed a foreign aid package that includes a bill that would ban TikTok if China-based parent company ByteDance fails to divest the app within a year. The divest-or-ban bill is now …
The TikTok ban was just passed by the House. Here’s what could happen next.
TikTok users could soon find that the popular social media service is either under new ownership or, although it wouldn't happen immediately, outright banned in the U.S. On Saturday, the House passed …
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China hits out at US push to ban TikTok as Steven Mnuchin plots bid
Beijing has hit out at US legislation to ban TikTok as former Treasury secretary Steven Mnuchin said he was assembling a consortium to buy the app from its Chinese owner. Foreign ministry spokesperson …
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Massachusetts lawmakers mull ‘killer robot’ bill
Back in mid-September, a pair of Massachusetts lawmakers introduced a bill “to ensure the responsible use of advanced robotic technologies.” What that means in the simplest and most direct terms is …
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U.S. Congress to consider two new bills on artificial intelligence
U.S. senators on Thursday introduced two separate bipartisan artificial intelligence bills on Thursday amid growing interest in addressing issues surrounding the technology. One would require the U.S. …
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Senate Bill Looks to Train AI-Ready Workforce, Focus on Risk Mitigation
New legislation is responding to the federal workforce’s knowledge gap concerning advancing artificial intelligence (AI) systems. This legislation aims to create a new training program specifically …
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Bipartisan Bill Aims to Prevent Money Laundering via Cryptocurrency Companies
Capitol Hill continued its pursuit to impose regulations on the digital asset market following the fall of prominent cryptocurrency trading platform FTX and the misuse of consumer assets, with Sens. …
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EU to ‘Level Playing Field’ for Crypto Firms With Uniform Tax Rules
Companies of any size processing crypto transactions for customers in the European Union will soon need to report these for tax purposes under proposed legislation. The policy, put forward as an …
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Elizabeth Warren led cryptocurrency bill in works, may give SEC most regulatory authority
Senator Elizabeth Warren is working on a sweeping cryptocurrency bill that would give most cryptocurrency regulatory authority to the Securities and Exchange Commission, according to sources close to …
Senator Warren’s Bill Will Hurt Crypto, Not Russia
Democratic Senator Elizabeth Warren is seldom reserved with her distaste for the crypto industry. Name any common criticism of Bitcoin, and she’s probably shared it already: volatility issues, …
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