#government
181 articles found
Latest
High-Risk AI Faces Potential Ban in Australia
In response to global concerns surrounding the rapid development of artificial intelligence (AI), the Australian government has launched an urgent eight-week consultation to determine if any "high-risk" AI applications should be prohibited. This initiative follows similar actions taken in the United States, the European Union, and China to understand and potentially mitigate AI-related risks. Historic Accord Reached on U.S. Debt Ceiling Suspension
President Joe Biden and Republican Leader Kevin McCarthy have reportedly struck a preliminary accord to suspend the U.S. federal government's towering $31.4 trillion debt ceiling. This potential deal came on Saturday evening, offering a glimpse of resolution to the protracted impasse. White House Reports: Crypto Theft Fund North Korea Missiles
A White House official has disclosed that nearly half of North Korea's missile program funding is obtained through cyberattacks and cryptocurrency theft. Anne Neuberger, Deputy National Security Adviser for Cyber and Emerging Technology, stated that the U.S. government is working diligently to comprehend how North Korea continues to be highly inventive in the cyber domain. Revolutionizing Governance with AI
The Romanian government has introduced an artificial intelligence (AI) powered robot named Ion, designed to help officials gain a better understanding of public concerns. This novel approach is being lauded as the "first experiment" in using AI to strengthen connections between citizens and decision-makers, potentially bolstering democracy and consolidating the legitimacy of governments. Global Struggle to Regulate AI: Diverse Government Approaches
As artificial intelligence (AI) rapidly progresses, governments around the world face an unprecedented challenge to regulate this emerging technology. Various countries have adopted distinct approaches to handling AI's development and integration into society. UK Targets Crypto Crooks with New Economic Crime Plan
The UK Treasury and Home Office are flexing their muscles against crypto money launderers and fraudsters, unveiling a three-year Economic Crime Plan. The government aims to protect consumers, boost the economy, and make the UK a magnet for crypto innovation. 
Safeguarding Your Crypto: Meet the Defenders at CAT Labs
According to the analytical firm Cybersecurity Ventures, losses caused by cybercrime will increase by 15% annually and are expected to reach $10.5 trillion per year by 2025. To protect the assets of both the government and private investors, CAT Labs, a startup, is stepping in to provide solutions. 
Ukraine's President, Volodymyr Zelensky, recently met with the leaders of BlackRock, the world's largest investment management company, to discuss the creation of an investment fund aimed at revitalizing the country's economy. The fund will be financed by both public and private capital and will support large-scale business projects in Ukraine.
The Ministry of Economy of Ukraine has signed a contract with BlackRock Financial Market Advisory to provide advisory services for the development of the Ukraine Development Fund. The creation of this fund marks an important milestone in the country's economic development, as Ukraine has not seen significant private investment at this scale before.
President Zelensky has highlighted that the successful implementation of the project will send a powerful message to both domestic and foreign investors about the country's investment climate. To ensure transparency and success, Ukraine has engaged top financial and consulting organizations such as BlackRock, JP Morgan, and McKinsey.
This initiative is a positive development for Ukraine's economy and a testament to the government's commitment to attracting private investment. The creation of the Ukraine Development Fund is a critical step towards achieving sustainable economic growth and prosperity for the country. Coinbase-Backed Lawsuit Fights Tornado Cash Sanctions
Coinbase has joined six plaintiffs in a legal challenge against the US government's sanctions on Tornado Cash, a privacy-focused cryptocurrency mixer. The parties argue that the sanctions imposed by the Office of Foreign Assets Control (OFAC) are a violation of their Constitutional rights and are seeking to reopen Tornado Cash for all US-based citizens. 
The decentralized Damus app had hardly topped the list of the most downloaded apps when the Chinese government blocked it.
The Damus app has been removed from the Chinese AppStore because it "contains content that is illegal in China.” The ban was initiated by the local Cyberspace Administration.
According to the CAC, Damus provides "information services capable of social mobilization.”
At least it has no attribute of denazification. 
The Stellar Development Foundation has announced that it joins an advisory committee of the U.S. Commodity Futures Trading Commission.
Blockchain company Stellar will join representatives of traditional financial markets such as J.P. Morgan, Goldman Sachs, and BlackRock and get a say in institutional-level issues.
SDF representatives noted that they will primarily focus on the use of Layer 1 protocols in government agencies and bank transfers in stablecoins.