Senators Propose AI Bills for Transparency, Innovation
Two new bipartisan bills addressing issues of transparency and innovation associated with using artificial intelligence (AI) have been proposed in the United States. On June 8, Gary Peters, Mike Braun, and James Lankford introduced the first bill requiring the government to be transparent with its use of artificial intelligence. Under such a measure, U.S. government […]
New Stablecoin Bill Draft Goes Before US House Committee
The Republican chair Patrick McHenry has presented the third iteration of the stablecoin bill to the House Committee on Financial Services. The bill will be up for discussion on June 13 and, if approved, could become the first form of crypto legislation in the U.S. The most recent version of the bill is intended to […]
SEC Chair Offers to Serve as Advisor to Binance – Report
Amidst the SEC-Binance lawsuit, Binance’s attorneys have revealed that the Chairman of the Securities and Exchange Commission, Gary Gensler, had offered to serve as an advisor to the crypto exchange in 2019. According to documents filed by the SEC on Wednesday, attorneys from two of Binance’s law firms, Gibson Dunn and Latham & Watkins, allege […]
9 Best Free Cryptocurrency Cloud Mining Sites – Daily Passive Income
The prospect of mining coins in exchange for passive income appeals to many cryptocurrency market participants. However, in the conventional sense, mining needs pricey equipment and a lot of power. People are switching to cloud mining more frequently now. Users of cloud mining need to pick a supplier, make an upfront investment, and wait for […]
Volcano Energy Invests $250M in El Salvador’s Bitcoin Mining
Renewable energy developer Volcano Energy has invested $250M as part of its $1B commitment to Bitcoin mining in El Salvador. The funds would be used to construct a 241 MW solar and wind power generation park. The first $250 million has been contributed to the public-private partnership in El Salvador that will invest $1 billion […]