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[ad_1] New Delhi: Finance Minister Nirmala Sitharaman on Sunday emphasised on the need for global consensus for regulating crypto assets. Addressing a series of events in Bengaluru, she said that any kind of regulation on crypto assets would require every nation’s consent, otherwise it would not be effective. Sitharaman added that India under its G20…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. LONDON — As Elon Musk urged humanity to get a grip on artificial intelligence, in London ministers were hailing its benefits. Rishi Sunak’s new technology chief Michelle Donelan on Wednesday unveiled the government’s long-awaited blueprint for regulating AI, insisting a heavy-handed approach is off…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. On the future of the internal combustion engine, Germany has gotten its own way, again. The European Commission and Germany’s Transport Ministry announced a deal Saturday morning that commits the EU executive to figuring out a legal way to allow the sale of…
[ad_1] “The Fed has mishandled this about seven different ways,” said Peter Conti-Brown, a professor at the Wharton School of the University of Pennsylvania and a leading expert on the central bank and its history. The banking turmoil is sparking not only external scrutiny but also internal soul-searching at the Fed, raising fundamental questions about…
[ad_1] As U.S. banking regulators begin their post-mortem of Silicon Valley Bank, some pundits are pointing the finger at crypto markets, whose own collapse over the past year left the tech-focused lender hopelessly exposed. The conventional wisdom about crypto is that it’s “self-referential” — a separate universe to conventional finance — and that its inherent…
[ad_1] “Clearly, Silicon Valley Bank’s failure will embolden people who see the current regulatory system as insufficient,” said Brookings Institution senior fellow Aaron Klein, a former Treasury Department official and Capitol Hill economist. While the details of how the lender collapsed are still being sorted out, the political impact of the second-largest bank failure since…
[ad_1] SRINAGAR: Amid the reopening of the schools, the Fee Fixation and Regulation Committee (FFRC) continue to remain headless, raising concerns among the stakeholders about the issue of fee hike in private schools. With the reopening of the schools in Valley, the private schools are likely to go ahead with the new admission process for…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. Artificial intelligence’s newest sensation — the gabby chatbot-on-steroids ChatGPT — is sending European rulemakers back to the drawing board on how to regulate AI. The chatbot dazzled the internet in past months with its rapid-fire production of human-like prose. It declared its love…
[ad_1] Press play to listen to this article Voiced by artificial intelligence. Joe Biden’s European friends may be miffed about his climate law. But the U.S. president’s America-first, subsidy-heavy approach has actually gained some grudging — and for a Democrat unlikely — admirers on the Continent: Europe’s conservatives. Within the center-right European People’s Party, the…