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Latest from CoinDesk
OpenAI CEO Testifies Before Congress on Artifical Intelligence Guidelines
The Senate Judiciary Subcommittee holds a hearing on artificial intelligence as lawmakers weigh how to handle oversight of the emerging technology. Sam Altman, the CEO of ChatGPT maker OpenAI, is slated as a witness, along with IBM chief privacy and trust officer Christina Montgomery.
Christopher Giancarlo: Fight for the Future of Money in the U.S.
Christopher Giancarlo, the former chair of the CFTC, also known as ‘Crypto Dad’ said the U.S. is resisting digitization of the dollar due to it being a threat to the country’s dominance over the traditional financial system. Central Bank Digital Currencies or CBDCs are the future of money and countries that resist innovation will become irrelevant in the global financial landscape, said Giancarlo who is also the founder of the Digital Dollar Project. In a Word on the Block interview with Forkast Editor-in-Chief Angie Lau, Giancarlo expressed his disappointment over Washington’s hostility towards cryptocurrencies. His comments come in light of the recent enforcement actions against crypto by the U.S. Securities and Exchange Commission.
House Lawmakers Examine Future of Digital Assets
House Financial Services Committee chairman Patrick McHenry (R-NC) and the House Committee on Agriculture chairman Glenn "GT" Thompson (R-PA) are holding a joint subcommittee hearing that aims to measure the "regulatory gaps in the digital asset markets." Witnesses include Kraken Digital Asset Exchange's chief legal officer Marco Santori, along with former CFTC chairman Timothy Massad.
