#government

On Wednesday, U.S. lawmakers introduced a bill that prohibits federal government officials from engaging with Chinese blockchain companies, reflecting the U.S. government’s ongoing concerns regarding Chinese involvement in the cryptocurrency sector.

The Spanish government has announced its intention to adopt the European Union's comprehensive crypto framework (MiCA) at the national level, moving up the implementation timeline by six months. This expedited schedule is driven by the need to establish legal clarity and enhance investor protection in the cryptocurrency sector, as stated by the country’s officials.

According to a recent study by 21.co, the US government holds more than 194,000 BTC, valued at over $5 billion, making it one of the largest Bitcoin owners.

The U.S. Department of Justice has announced that, with an official legal case launched against the founder of FTX, the government now has the authority to seize two private planes belonging to the billionaire.

The Central Intelligence Agency of the United States is gearing up to release a ChatGPT-style application aimed at assisting analysts in swiftly and efficiently processing data from open sources. "We’ve gone from newspapers and radio, to newspapers and television, to newspapers and cable television, to basic internet, to big data, and it just keeps going," remarked Randy Nixon, the head of the CIA's intelligence division. This initiative is part of a broader government strategy to harness artificial intelligence for the purpose of effectively countering China in the realm of AI-related matters. Furthermore, the CIA has declined to comment on the specific model it intends to employ in its application.

The British government is set to invest a staggering $363 million into the development of two supercomputers infused with artificial intelligence, aimed at enhancing the security scrutiny of other AI models.

White House Deputy Bruce Reed praised it as “the strongest set of actions any government in the world has ever taken on AI safety, security, and trust.”

Yulia Parkhomenko, the Head of the Digital Economy Department at the Ministry of Digital Transformation, underscores the transformative potential of blockchain technology in digitizing government services.

Kenya’s interior cabinet secretary Kithure Kindiki stated that individuals attempted to exit the country but were detained. However, the U.S. government stepped in, asserting they should be permitted to depart since they hadn’t been formally convicted of any wrongdoing. The U.S. further promised to ensure their return if needed for legal proceedings. The committee probing Worldcoin has until September 28 to submit its findings. It’s interesting to note that last week, Sam Altman was seen in a private meeting with Kenya’s President William Ruto and some other individuals.