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EU approves controversial AI Act to mixed reactions

The European Parliament today approved the AI Act, the first ever regulatory framework governing the use of AI systems. The legislation passed with an overwhelming majority of 523 votes in favour, 46 against and 49 abstentions. “This is a historic day,” said Italian lawmaker Brando Benifei, co-lead on the AI Act. “We have the first…

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U.S. CFTC Approves Bitcoin Futures Platform Bitnomial’s Derivatives Clearing Application

“Unlike other businesses that have attempted to disintermediate the brokerage industry, our FCM offers wholesale digital asset-related services and support to our brokerage partners, institutions, and dealers,” he said. “Now that the licensing process is complete, we can shift our focus to expanding Bitnomial’s product offering and customer base.” Source link

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