Day: 12 July 2024

U.S. Senators Introduce New Bipartisan Bill to Combat AI Deepfake Misuse with Mandatory Watermarking

A new legislative effort led by U.S. Senators Maria Cantwell (D-WA), Marsha Blackburn (R-TN), and Martin Heinrich (D-NM) seeks to tackle the misuse of artificial intelligence (AI) deepfakes by mandating the watermarking of such content.  The proposed bill, named the Content Origin Protection and Integrity from Edited and Deepfaked Media ...

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U.S. SEC’s Shift on Crypto Accounting Requirements for Banks Sparks Debate on Easing SAB 121 Rules

Fox journalist Eleanor Terrett has raised questions about whether the recent actions by the US Securities and Exchange Commission (SEC) signify an acknowledgment of the necessity to relax the famed Staff Accounting Bulletin(SAB) 121's requirements for banks and brokerages.  Terret's comments come in response to a Bloomberg report that revealed ...

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