Prime Minister Giorgia Meloni said she wants to hold a special AI-focused session of G7 members before the first leaders’ summit, scheduled for June.
Bitcoin Wallet Conio, Coinbase Team Up to Bring Crypto to Italian Banks
Conio is also deeply involved in the institutional uptake of digital assets, specifically the Euro Token project overseen by the innovation center of the Bank of Italy.
AI regulations in global focus as EU approaches regulation deal
Concerns over potential misuse of AI have prompted the U.S., U.K., China, and the G7 to speed up regulation of the technology, though Europe is already way ahead.
Italy and South Korea central banks agree on CBDC cooperation
The central banks of Italy and South Korea announced a memorandum of understanding in the development and deployment of CBDCs.
Amnesty International head says AI innovation vs. regulation is ‘false dichotomy’
Amnesty’s secretary-general said the EU has a chance to lead with new AI regulations and member states shouldn’t “undermine” the forthcoming AI Act.
Italian regulators investigate online AI data scraping
The Italian Data Protection Authority has launched a “fact-finding” probe into the security practices of public and private websites to prevent AI data scraping.
TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content
Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content, such as explicit images of children.
Indian Crypto Investment Platform Mudrex Expands to Italy
Mudrex successfully registered with Italy’s Organismo Agenti e Mediatori (OAM), a mandatory step for crypto firms, on Sept. 1, according to the CEO.
Bank of Italy innovation hub supports research into security tokens on secondary markets
The Italian central bank’s Milano Hub has selected a project headed by Cetif Advisory and Polygon Labs in its second round of proposals.
Privacy advocates score a win after Binance buckles on coin listings
Those of us in Italy and surrounding countries will be allowed to continue trading Zcash, Monero and other coins that Binance sought to condemn as unworthy.
How regulators are mitigating the risk of extinction from AI: Law Decoded, May 29–June 5
There is no shortage of regulatory efforts to mitigate the negative impacts of artificial intelligence.
Italian senator provokes parliament with AI-generated speech
A senator in Italy utilized OpenAI’s GPT-4 to generate a speech during a parliamentary meeting to spark a “serious debate” about the technology.
Italy sets aside millions for workers at risk of AI replacement
Italian officials are setting aside $33 million to enhance the development of digital skills for workers at risk termination due to automation and AI.
Coinbase exec uses ChatGPT ‘jailbreak’ to get odds on wild crypto scenarios
According to ChatGPT, there’s a 15% chance that Bitcoin will “fade to irrelevancy,” with prices falling 99.99% by 2035.
OpenAI’s ChatGPT re-enters Italy after obliging transparency demands
The revocation of the ban in Italy required ChatGPT to reveal its data processing practices and implement age-gating measures among other legal requirements.
EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies
Europe’s Data Protection Supervisor predicts trouble abroad and at home for U.S. AI companies that run afoul of GDPR.
All eyes are on stablecoins: Law Decoded, April 10–17
A week before a hearing in Congress, the United States gets stablecoin regulatory framework.
First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation
A data breach and a lack of transparency led Italy to ban ChatGPT, the popular AI-powered chatbot, sparking a debate on the future of AI regulation and innovation.
Italy ChatGPT ban: Data watchdog demands transparency to lift restriction
The Italian regulator sets strict guidelines for OpenAI’s ChatGPT, mandating increased transparency and age verification measures to protect user privacy before lifting restrictions.
Italian regulator draws criticism for blocking AI chatbot ChatGPT
ChatGPT’s temporary ban in Italy over privacy concerns draws criticism from figures in the tech industry and the country, including Deputy PM Matteo Salvini and expert Ron Moscona.