Legislation

Legislation is law which has been promulgated by a legislature or other governing body or the process of making it. Before an item of legislation becomes law it may be known as a bill, and may be broadly referred to as "legislation", while it remains under consideration to distinguish it from other business.

Source: en.wikipedia.org

European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
European Commissioners Say Google CEO Agrees Voluntary AI Rules Needed
May 24, 2023  |  Regulation

Two European Commission officials said Google CEO Sundar Pichai agreed there’s a need for voluntary rules around artificial intelligence (AI). EC Internal Market Commissioner Thierry Breton said...

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Report: UK CBDC Will Need New Finance and Data Laws
Report: UK CBDC Will Need New Finance and Data Laws
May 22, 2023  |  CBDC

If the United Kingdom wants to launch a digital pound, it will need to update its finance and data laws. That’s according to a Monday...

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EU Reaches ‘Milestone’ to Regulating AI With OK of Rules Draft
EU Reaches ‘Milestone’ to Regulating AI With OK of Rules Draft
May 11, 2023  |  artificial intelligence

European lawmakers have reportedly agreed to new transparency regulations for generative AI applications like ChatGPT. The measures are part of a broader package of artificial...

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NY State Attorney General Proposes Legislation to Regulate Crypto Industry
NY State Attorney General Proposes Legislation to Regulate Crypto Industry
May 05, 2023  |  Regulation

New York State Attorney General Letitia James has proposed legislation to regulate the cryptocurrency industry. The Crypto Regulation, Protection, Transparency and Oversight (CRPTO) Act would...

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Crypto Gears Up for Regulatory War While Congress Preps Bill
Crypto Gears Up for Regulatory War While Congress Preps Bill
May 01, 2023  |  Cryptocurrency

There is currently a “war” underway between U.S. policymakers and the cryptocurrency industry. That’s according to Blockchain Association CEO Kristin Smith, who said at a...

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NYDFS Says ‘Dual Banking System’ Should Oversee Stablecoins
NYDFS Says ‘Dual Banking System’ Should Oversee Stablecoins
April 19, 2023  |  Cryptocurrency

According to New York’s financial regulator, the best system for regulating stablecoins already exists. Testifying before the House Financial Services Committee Wednesday (April 19), New...

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Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
Stablecoin Bill Enters Congress as US Lawmakers Eye Currency’s Future
April 17, 2023  |  Regulation

The U.S. Congress is looking to bring stablecoins deeper into the regulatory fold. And potentially the broader global financial system. A new 73-page draft bill,...

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Bipartisan Bill Would Create Independent Inspector General for Federal Reserve
Bipartisan Bill Would Create Independent Inspector General for Federal Reserve
March 22, 2023  |  Regulation

A bipartisan bill aims to create an independent inspector general to oversee the Federal Reserve. Introduced Wednesday (March 22) by Sens. Rick Scott and Elizabeth...

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House Bill Would Give Consumers More Control Over Financial Data
House Bill Would Give Consumers More Control Over Financial Data
February 24, 2023  |  Regulation

The House Financial Services Committee chairman, U.S. Rep. Patrick McHenry, has introduced a financial data privacy bill. The North Carolina Republican introduced the Data Privacy Act of 2023 Friday (Feb....

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