On “Checks and Balance”, how Washington learned to love AI:🎧Why DC needs to get out of the way, with @deanwball🎧Bill Clinton and the regulation of the early internet🎧What federal guardrails may work, with @markbeall https://t.co/fpgMrmvtsc ...

Let's get more details from Deer Josa for today's tech check. Dearra, >> hey. So, Kelly, the president said it himself yesterday.China moves as one and he doesn't want our companies bogged down with 50 different approvals. So, that is the thinking behind this EO and also what I keep hearing from investors and founders. The US is better off competing with China than arguing about regulation.But there's also some nuance that may be getting lost here. Now, China's unified approach, it's not just about speed, i ...

Regulatory Landscape - The move seeks to ease a growing compliance burden for companies regarding state-level regulation of artificial intelligence [1] - The president's push aims to rein in state-level regulation of artificial intelligence, facing objections from Democrats [1]

Crypto & Financial Grift - Donald Trump Jr's fortune increased sixfold, reaching $300 million from $50 million in the past year, attributed to crypto investments [1] - Crypto is described as "finance without regulation," lacking SEC oversight and facing no prosecution even if crimes are committed [3] - The Trump family profited from crypto by essentially conducting a public offering, selling shares in "Trump" through various entities [4] - Holding Trump coin was a requirement to attend a reception at Mara Lago, explicitly linking investment with access and favors [5] - The untraceability and fluidity of crypto are exploited, enabling money to be poured into administrations without accountability [6][8] - There are concerns about the potential for funneling hundreds of millions of dollars to Donald Trump through crypto with no traceability [15] - Crypto gambling casinos are causing teenagers to become gambling addicts [17][18] - Crypto is reinventing past financial crises, necessitating regulation and oversight similar to measures taken in 1932 and 1837 [20][21] Sovereign Wealth Funds & Middle East Influence - The UAE invested $4 billion (1.4%) into World Liberty Financial and subsequently received permission to obtain high-tech chips [7] - Jared Kushner is involved with Middle Eastern entities, potentially influencing regulatory decisions, such as preventing the Netflix deal [12] - Middle Eastern entities are investing $24 billion in Ellison, expecting something in return [12] - Sovereign wealth funds, particularly the Saudi fund, are used to provide discretionary funds to individuals like Trump or MBS, unlike more regulated funds like Norway's [22][23]

Regulatory Landscape - The SEC Crypto Task Force will hold a privacy roundtable on December 15, where Zcash will be a key topic [1] - Ongoing debates over privacy, traceability, and regulation surround Zcash [1] Asset Seizure - The U S government holds approximately $1.5 million worth of seized Zcash (ZEC) from the 2017 AlphaBay case [1]

RT Reece Merrick (@reece_merrick)This morning, I spoke with @CNBC's @dan_murphy about Ripple's latest regional milestone: full regulatory approval for our USD stablecoin, RLUSD, to be used by licensed entities in Abu Dhabi's @ADGlobalMarket .We also unpacked Ripple’s (numerous) recent acquisitions and how we’re planning to scale our stablecoin globally.For me, the bottom line is that regulation and transparency create trust, and trust is paramount for institutions to jump into the digital assets space.This ...

Government Efficiency & Bureaucracy - Europe has more bureaucracy than the US due to provincial, national, and EU levels of governance [1] - EU headquarters in Brussels is described as a "giant cathedral to bureaucracy" [1] - Europe needs government efficiency more than the US, requiring action at country and EU levels [1] Regulation & Innovation - Over-regulation has inhibited progress and innovation in Europe [1] - Over-regulation is described as a "slow strangulation" that gradually tightens over time [1] - Immediate action is needed to reduce regulation at the EU, country, and local levels [1]

Citadel asks SEC to regulate DeFi protocols as exchanges, sparking backlash https://t.co/4tYQ2lg5Sv ...

What about the predictions markets. Very hot right now. Fast growing.Do you think that there's a risk that they they cannibalize sports betting. >> Yeah. So, so first um I'll give >> and also are you gonna get in. >> I'll give this to you first right here.Let's go. I'm giving it to you right now. We got to make we're launching the next couple weeks.>> Launching a >> fanatics prediction markets. Absolutely. >> Is this with crypto.com as rumored. >> Uh it is. it it is with Crypto.com and we're super excited a ...

Finally, market regulators see regulation can be too much of a good thing, writes @marcusashworth (via @opinion) https://t.co/ySM6pHjLLw ...