#policies

The wealth of prominent crypto entrepreneurs saw a sharp increase following Donald Trump’s recent election victory, as shares in cryptocurrency companies rallied in anticipation of the newly elected U.S. President's promised pro-digital assets policies.

Unlike the Republican Party's platform, the Democratic Party's 91-page document does not mention cryptocurrencies or blockchain. This absence could be interpreted in various ways, suggesting potentially no adverse policies against the sector.

Worldcoin unveils fresh privacy regulations, enabling users to remove their World ID information and instituting age checks to bar under-18s. These modifications come as a nod to data protection watchdogs' suggestions.

NYDFS wants to increase transparency from cryptocurrency companies operating in the state, particularly in their processes for listing and delisting cryptocurrencies. The new framework will require firms to develop their coin-listing policies in three key areas: governance for the coin-listing process, risk assessments of coins, and procedures for monitoring coins. The framework will also require firms to provide detailed information on their criteria and decision-making process for delisting a coin. The proposed legislation is open for public comments and will remain so until October 20th.

Social media giants, like Facebook, rely on a vast global moderation teams to sift out damaging content, from child pornography materials to severe violence. The implementation of GPT-4 might be the key to revolutionizing this workflow. "The process [of content moderation] is inherently slow and can lead to mental stress on human moderators. With this system, the process of developing and customizing content policies is trimmed down from months to hours," assert OpenAI representatives. Access to the OpenAI API now enables individuals to forge their distinct AI-driven moderation frameworks.

According to OpenAI’s blog post, web pages crawled with GPTBot could potentially be utilized to enhance accuracy and expand the capabilities of upcoming iterations of their AI models. A web crawler (web spider), is a type of bot that indexes website content across the internet. Popular search engines like Google and Bing employ web crawlers to enable websites to appear in search results. OpenAI clarified that their web crawler will gather publicly available data from the world wide web while excluding sources with paywalled content, personally identifiable information, or text that violates their policies.

A recent survey by the University of San Salvador reveals that although Salvadorans largely back President Nayib Bukele and his policies (Bukele was re-elected for a second term in 2024), they don’t see Bitcoin, which he has heavily promoted, as a practical payment option.

As the UK heads toward an election, the cryptocurrency industry is expressing support for the Labour Party, which leads in all the polls. However, there is uncertainty about what policies to expect, as Labour has not been in power since 2010, a time when Bitcoin was just emerging.

Celesta Capital, a venture firm managing over $1 billion in assets, has identified the United States as the best location for investments in artificial intelligence. This decision is largely influenced by the U.S.'s proactive policies to stimulate domestic chip manufacturing. Celesta has historically invested in AI, with a particular focus on healthcare and autonomous transportation sectors.

On Amazon's online trading platform, a multitude of products have emerged with descriptions and names fully generated using ChatGPT. However, there's a twist: instead of the intended text, a message stating the inability to provide a response due to OpenAI's policies is displayed.

Crypto miners in the U.S. have initiated the Digital Energy Council to lobby for miner-friendly policies amidst ongoing crypto regulation debates. The council aims to advocate for sustainable energy development, grid resilience, U.S. competitiveness, and national security. This move comes as President Joe Biden's administration proposes a 30% excise tax on mining operations, citing societal harms. Additionally, Democratic lawmakers criticize miners for environmental concerns.