“Regulation is something that Bermuda regards as strength.”The Hon. E. David Burt, JP, MP, Premier and Minister of Finance of Bermuda, spoke about Bermuda launching one of the first clear frameworks for a digital asset business at the #ForbesBLKSummit. https://t.co/WT9EwZEiyD https://t.co/lvArwPGKOR ...

Regulatory Landscape - States are actively pursuing AI regulation, despite uncertainty about the specific goals [1] - Multiple state-level reporting regimes pose a challenge for startups [2] - A single federal standard is advocated to prevent biased AI and overly burdensome regulations [2][3] Political Outlook - A 20% chance is estimated for the US to enact an AI safety bill in 2025 [3] - A single national standard for AI is supported by President Trump [3][4] - The administration is expected to support a single federal standard, with more Republicans potentially joining as they recognize the implications of state-level actions [4] Competitive Considerations - Concerns exist that differing state regulations could hinder the US in the AI race against China [2][4] - State-level actions are perceived as potentially detrimental to conservatives and an unbiased information environment [4]

🚨JUST IN: BYBIT SECURES FULL LICENSE IN THE UAE, BECOMING THE COUNTRY’S FIRST REGULATED CRYPTO EXCHANGE ...

Welcome to bake list where today we are exploring prediction markets. There are a ton of questions going around about prediction markets. Maybe initially what are they? But really why are they capturing so much attention right now. Who are the big players? Where do they come from? And maybe the big question is how big are prediction markets and how big can they get? some people think that they're going to become absolutely huge. And then why are prediction markets sometimes compared to sports betting platfo ...

Crypto Innovation & Mainstream Adoption - Stablecoins are considered the biggest crypto innovation since Bitcoin due to their obvious mainstream applications [1] - Flipster focuses on solving user problems for traders, as users will migrate to platforms that better address their needs [2] Regulatory Landscape & Global Trends - The crypto industry faces a diverse regulatory environment, ranging from countries forbidding crypto to those with comprehensive frameworks like the UAE [2] - A majority of crypto companies are now refocusing on the US market, driven by its status as the world's largest economy [3] Convergence of Traditional Finance & Crypto - The industry anticipates a convergence of traditional finance and crypto players within the next two to three years [3] - Policy changes and legislation in the US have opened the door for this convergence to occur [3] Current State of Crypto - The current state of crypto is a reality, not a future promise [4]

Regulatory Compliance - California bans loud commercials on streaming platforms like Netflix and Hulu [1] - The new law requires ad volume to match program audio levels, effective next July [1] - The law is modeled after the Commercial Ad Loudness Mitigation Act (CALM) [1] Industry Impact - Streaming platforms must adjust ad audio levels to comply with the new regulation [1] - The regulation aims to improve the viewing experience by preventing jarring volume changes [1]

Manufacturing & Regulation - Samsung's Texas fab design was altered due to a local fire ordinance [1] - US government efforts to deploy billions of dollars in Texas were delayed [1] - A local fire ordinance caused an 8-10 month setback and redesign of the fab [1] Challenges & Solutions - The industry faces challenges related to regulatory compliance and construction delays [1] - Collective effort is needed to address these challenges [1]

US Labor Union Federation Slams Senate Crypto Bill as 'Facade of Regulation'► https://t.co/vXCRthKAXl https://t.co/vXCRthKAXl ...

Kazakhstan Tightens Crypto Rules After Seizing $16.7M From Unlicensed Exchangeshttps://t.co/7N9IkJ40IA ...

AI Impact on Jobs - The report "Tech oligarchs war against workers" warns AI could eliminate nearly 100 million US jobs [1] - The report may confuse AI's ability to automate parts of a job with automating the entire job [3] - Industry analysis suggests AI may replace approximately 25% of job tasks, significantly less than the report's claim [3] Report Methodology and Validity - Chat GPT analysis indicates the report's methodology may be unsound [2] - The report's job loss number is an outlier, suggesting it assumes a super-powerful AI [6] - The report's conclusions may be driven by human input and agenda rather than accurate AI assessment [5][6] Regulatory and Economic Concerns - Congressional overreaction to reports like this could lead to regulations that risk AI growth [8] - The report may be part of an agenda to change the tax code and slow down AI investment [10] - Slowing down AI investment could have significant negative economic impacts [11]