Tag: Regulation

Home » Regulation
New regulation in India seeks to stub out tobacco glorification on streaming platforms
Post

New regulation in India seeks to stub out tobacco glorification on streaming platforms

India’s health ministry has unveiled stringent guidelines for on-demand video streaming services, necessitating warnings about smoking and the use of other tobacco products when such activities are portrayed on screen. The new regulations, termed as the Cigarettes and other Tobacco Products Amendments Rules, 2023, will come into effect in three months. The updated policy mandates...

From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29  By Cointelegraph
Post

From Beijing to Tokyo, Asian nations get active in crypto regulation: Law Decoded, May 22–29 By Cointelegraph

Last week almost all the key markets for digital assets in Asia got updates from local regulators. Lawmakers in Japan have decided to enforce stricter Anti-Money Laundering measures to trace cryptocurrency transactions from June 1. According to reports, a vital feature of the new measures is the enforcement of the “Travel Rule” to keep a...

G7 officials to hold first meeting on AI regulation next week By Reuters
Post

G7 officials to hold first meeting on AI regulation next week By Reuters

© Reuters. FILE PHOTO-Flags are pictured during the first working session of G-7 foreign ministers in Muenster, Germany, November 3, 2022. REUTERS/Wolfgang Rattay/Pool By Kantaro Komiya TOKYO (Reuters) – Group of Seven (G7) nation officials will meet next week to consider problems posed by generative artificial intelligence (AI) tools like ChatGPT, Japan said on Friday....

With new grant program, OpenAI aims to crowdsource AI regulation
Post

With new grant program, OpenAI aims to crowdsource AI regulation

OpenAI says it’s launching a program to award ten $100,000 grants to fund experiments in setting up a democratic process for deciding what rules AI systems should follow — “within the bounds defined by the law.” Concretely, OpenAI says it’s seeking to fund individuals, teams and organizations to develop proof-of-concepts for a “democratic process” that...

The Senate’s hearing on AI regulation was dangerously friendly
Post

The Senate’s hearing on AI regulation was dangerously friendly

OpenAI CEO Sam Altman appearing before the Senate Judiciary Subcommittee on Privacy, Technology, and the Law. | Photo by Win McNamee / Getty Images The most unusual thing about this week’s Senate hearing on AI was how affable it was. Industry reps — primarily OpenAI CEO Sam Altman — merrily agreed on the need to...

Tax Authority Slated to Become Main Crypto Regulator in Russia – Regulation Bitcoin News
Post

Tax Authority Slated to Become Main Crypto Regulator in Russia – Regulation Bitcoin News

Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market participants. Russians to Report Crypto Holdings and Transactions to Their Tax Service...

Report: Biden Administration ‘Crypto Tsar’ Says DOJ will Target Digital Asset Exchange Platforms – Regulation Bitcoin News
Post

Report: Biden Administration ‘Crypto Tsar’ Says DOJ will Target Digital Asset Exchange Platforms – Regulation Bitcoin News

According to Eun Young Choi, the head of the crypto unit at the U.S. Department of Justice (DOJ), the United States has resolved to target digital platforms because they are making it easy for criminals and money launderers. Choi said the DOJ hopes taking action against entities such as crypto exchanges is “going to have...

UAE Ministry of Climate Change and Environment issues Decree on regulation of Hydrofluorocarbons
Post

UAE Ministry of Climate Change and Environment issues Decree on regulation of Hydrofluorocarbons

DUBAI, 15th May, 2023 (WAM) — In alignment with its duty to develop solutions and regulations to combat climate change, enhance air quality, and safeguard the environment, the UAE Ministry of Climate Change and Environment issued Decree No. (138) of 2023. This decree pertains to regulating the use and distribution of Hydrofluorocarbons (HFCs) in the...