The AI Kill Switch Act would let Homeland Security order frontier AI throttled or shut down, with fines up to $20 million a day for defying it.
Source: [Decrypt](https://decrypt.co/374332/what-is-ai-kill-switch-openai-hack-hugging-face)
Galaxy Digital said the Senate has four working days to save the CLARITY Act, as it cut passage odds to 30%. In a July 24 note to clients, the crypto investment firm lowered its estimate for CLARITY Act chances this year from 50%, saying lawmakers need a deal by July 30 to leave enough time […] ...
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Bitcoin traded around $64,000 on July 25 after changing hands near $65,000 around the ECB’s July 23 decision as the central bank kept rates unchanged, its bond portfolios continued shrinking, and euro-area banks tightened access to business and housing credit. The ECB kept its three key interest...
West Bengal invoked its new Goonda Act against those accused of violence during a recent NEET protest. Chief Minister Suvendu Adhikari announced the action, condemning the attacks on journalists. Around seventy individuals identified from the rally were not students and had no protest connect...