India
AIs in India will need government permission before launching
In an advisory issued by India’s Ministry of Electronics and Information Technology (MeitY) last Friday, it was declared that any AI technology still in development must acquire explicit government permission before being released to the public. Developers will also only be able to deploy these technologies after labelling the potential fallibility or unreliability of the…
India Unlikely to See a Crypto or Web3 Bill for 18 Months, Senior Lawmaker Jayant Sinha Reveals
“In India where we have capital controls when you can’t freely trade the rupee for us to enable crypto assets is not really feasible,” Sinha said. “Unlike other economies like Singapore, or Korea or the US that have freely tradable currencies, and can get into crypto with a lot less trepidation. As far as India…