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Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
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Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

US Senator Elizabeth Warren has urged Treasury Secretary Janet Yellen to include comprehensive Anti-Money Laundering and Combating the Financing of Terrorism measures for stablecoins, highlighting potential risks of funding terrorist activities.

UK Government Explores IP Challenges in Emergent Metaverse Ecosystems
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UK Government Explores IP Challenges in Emergent Metaverse Ecosystems

A new UK government report delves into the complex realm of IP issues within the Metaverse, highlighting the lack of consensus on its definition and the IP challenges it poses.

Treasury Secretary Yellen Highlights Economic Recovery and Addresses Financial Risks
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Treasury Secretary Yellen Highlights Economic Recovery and Addresses Financial Risks

Treasury Secretary Janet Yellen highlighted Biden Administration's economic achievements and ongoing financial stability efforts, focusing on banking, climate change, cybersecurity, AI, and digital assets in a testimony to the House Committee on Financial Services.

U.S. Moves to Combat Deepfake Pornography with the Preventing Deepfakes of Intimate Images Act
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U.S. Moves to Combat Deepfake Pornography with the Preventing Deepfakes of Intimate Images Act

Representative Joe Morelle introduces the Preventing Deepfakes of Intimate Images Act, a bipartisan legislation criminalizing the creation and distribution of non-consensual deepfake pornography, primarily affecting women and girls.

Pokemon Company Investigates Palworld for Alleged Plagiarism Amidst Success
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Pokemon Company Investigates Palworld for Alleged Plagiarism Amidst Success

The Pokémon Company investigates Palworld for alleged plagiarism after selling 8 million copies, challenging Pocket Pair, Inc. as they plan significant game updates, including cross-play and PvP features.

OpenAI Dismisses NYT Copyright Lawsuit as Baseless Amid Rising Legal Challenges
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OpenAI Dismisses NYT Copyright Lawsuit as Baseless Amid Rising Legal Challenges

OpenAI has dismissed a copyright lawsuit by The New York Times, which alleges unauthorized use of its content for AI chatbot training, as "without merit." The case highlights significant challenges in AI and copyright law.

Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs
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Anthropic's Updated Terms of Service: Enhanced Copyright Protection for AI Outputs

Anthropic revises commercial terms of service to provide enhanced copyright protection for Claude API users, addressing ongoing legal challenges in the AI industry.

UK Supreme Court Denies AI's Claim to Inventorship in Landmark Case
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UK Supreme Court Denies AI's Claim to Inventorship in Landmark Case

The UK Supreme Court's decision not to acknowledge AI as an inventor highlights the importance of human involvement in patent applications, setting a precedent for future AI-related patent disputes.

Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI
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Former Sequoia Partner Michelle Fradin, Involved in FTX Investment, Joins OpenAI

Michelle Fradin, former Sequoia Capital executive, joins OpenAI to lead data efforts, specializing in venture capital and AI, focusing on FTX investment and large language model integration.

Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate
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Federal Reserve's Bowman Discusses Digital Currency Innovations Amid CBDC Debate

Federal Reserve Governor Michelle Bowman, in a discussion at Harvard Law School, explored the evolving digital payment landscape, touching on CBDC, stablecoins, and the necessity for a robust regulatory framework. While recognizing the potential of digital assets, she emphasized a cautious approach, underscoring the importance of continued research and international collaboration to navigate the digital transformation responsibly.

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