Congress proposes DOJ crypto theft task force a year after NCET shutdown

The FBI's swift action highlights the ongoing challenge of addressing politically motivated threats, emphasizing the need for vigilant security measures. The post FBI disrupts alleged plot targeting Trump’s UFC event at the White House, multiple arrests made appeared first on Crypto Briefing.

State lawmakers' opposition highlights the tension between federal and state control over AI regulation, impacting innovation and local governance. The post Over 200 state lawmakers urge Congress to reject AI preemption proposal appeared first on Crypto Briefing.

The ruling reinforces the separation of powers, emphasizing Congress's role in trade regulation and potentially reshaping future tariff policies. The post Supreme Court strikes down Trump’s global tariffs in landmark 6-3 ruling appeared first on Crypto Briefing.

In a bid to dismiss a lawsuit over xAI's polluting gas turbines, the Justice Department claimed the company is integral to military operations—including the Iran War.

U.S. Sen. Marsha Blackburn (R-TN) and Majority Leader Chuck Schumer (D-NY) arrive for a news conference with bipartisan senators on passage of the Online Privacy Protection Act at the Capitol on July 30, 2024 in Washington, DC. | Kent Nishimura/Getty Images. For months, Big Tech's Washington lobbyists have chased after the holy grail of pro-AI legislation: preemption. This would be a comprehensive federal law, passed in Congress and signed by the president, applying one set of AI rules across the entire country and overriding the legally messy state-by-state approach to regulation. For months, lobbyists have run into roadblocks and incurred nationwide political blowback, and they now face the possibility that after the midterms, Congress will flip to hostile Democrats unwilling to work with them. But their final, most desperate attempt at preemption is coming with new baggage, related to an ent … Read the full story at The Verge.

Rank One, whose board includes a former CIA deputy director and a former FBI science chief, supplied face recognition to Meta for internal development of its smart glasses app.

Lawmakers are seeking to curb crypto ATM fraud with a bipartisan bill that would set transaction limits, mandate scam warnings, and require transaction records and updated kiosk location records. The proposal follows FBI-cited losses of more than $333 million, with older Americans accounting for most known-age financial losses. Bipartisan Bill Would Set Crypto ATM Limits […]

House tax lawmakers reviewed eight digital asset tax proposals seeking clearer rules for crypto payments, mining, staking, donations, and compliance. The measures aim to reduce paperwork for digital asset users while establishing clearer tax treatment for key activities across the sector. House Tax Panel Reviews Eight Digital Asset Tax Proposals The House Ways and Means […]