The Federal Trade Commission (FTC) is aiming to roll out its long-awaited proposed rules governing commercial surveillance in the next few months, with a focus on ensuring that companies properly handle the data they harvest from the apps, websites and devices that consumers use. According to two sources familiar with the agency’s plans, the rules will emphasize data security and data minimization, or the idea that companies should only collect the data they need to conduct business with consum
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As high tech companies continue to leverage the powers of artificial intelligence, US regulators are worried that the technology's fortitude will outpace existing laws and provisions. As a result, the US Chamber of Commerce called for AI to be regulated. US lawmakers say that without proper legislative oversight, AI could become a national security risk or a hindrance to educational integrity. Little legislation currently exists to regulate AI, which is a significant concern for US policymake
A US republican senator will soon introduce a bill that, for the first time, attempts to regulate the cryptocurrency space. The bill would reportedly add investor protections, rein in Stablecoins,[1] which are pegged to a stated currency, and create a self-regulatory body under the jurisdiction of the US Securities and Exchange Commission and its sister agency, the Commodity Futures Trading Commission.
The proposal stems from a Wyoming senator who is a longtime crypto-evangelist and one of two U
