Google’s Election-Related Query Restrictions: A Move to Mitigate Misinformation

by Александр Пирогов | Mar 13, 2024 | Blog News

Google has announced measures to restrict election-related queries on its Gemini chatbot, initially implemented in the U.S. and India ahead of their respective polls. This decision reflects Google’s commitment to avoiding potential missteps in deploying AI...

EU Set to Pass Comprehensive AI Legislation: Balancing Innovation and Regulation

by Александр Пирогов | Mar 13, 2024 | Blog News

The European Union (EU) is poised to enact the most comprehensive legislation on Artificial Intelligence (AI) to date, with the AI Act aimed at harmonizing innovation and protecting fundamental human rights. This landmark legislation, scheduled for approval today,...

South Korea to Launch Virtual Asset Tax System: Curbing Cryptocurrency Tax Evasion

by Александр Пирогов | Mar 13, 2024 | Blog News

The National Tax Service of South Korea is gearing up to introduce a virtual asset tax system to effectively monitor cryptocurrency transactions and prevent tax evasion. With the assistance of consulting firm GTIC, the agency aims to develop a platform capable of...

USPTO and US Copyright Office Report Highlights NFT Advantages and Challenges

by Александр Пирогов | Mar 13, 2024 | Blog News

The U.S. Patent and Trademark Office (USPTO) and the U.S. Copyright Office jointly released a report acknowledging both the benefits and obstacles present in the non-fungible token (NFT) space. After analyzing public comments and key details, the Offices concluded...

SEC Declares First Trust SkyBridge Bitcoin ETF Application “Abandoned”

by Александр Пирогов | Mar 13, 2024 | Blog News

The Securities and Exchange Commission (SEC) announced that the spot Bitcoin ETF application submitted by First Trust Advisors and SkyBridge Capital has been deemed “abandoned.” The decision was based on the failure of the applicants to respond to prior...

Coinbase Challenges SEC’s Regulatory Ambiguity

by Александр Пирогов | Mar 12, 2024 | Blog News

Coinbase, a leading U.S. cryptocurrency exchange, has taken legal action against the Securities and Exchange Commission (SEC), filing its opening brief in a lawsuit over the lack of clear regulatory guidelines for the crypto industry. The exchange argues that the...