On 13 October 2023, the California Digital Financial Assets Act was passed. The law is the first comprehensive set of rules to regulate digital asset markets in the state of California. According to the provisions of the Act, after July 2025, crypto asset service providers will require a licence to engage in digital financial asset activities in California, in addition to other previously established criterias. Additionally, the law sets forth the conditions for other regulations related to digital financial services.
03.11.2023
The G7 countries (the US, Canada, France, Germany, Italy, Japan and the UK) are set to agree rules on governance for companies developing advanced artificial intelligence technologies. It is expected that the new rules to be established will regulate how countries that want to be cautious about the use of artificial intelligence due to privacy concerns and security risks should adopt an understanding. It has been stated that the 11 articles identified in the G7 document aim to promote the safe and secure use of artificial intelligence worldwide and will provide guidance to organisations developing the most advanced artificial intelligence systems on how to regulate their activities.
03.11.2023