Legislative protections for geolocations

This month, Oregon became the 2nd state to ban the sale of precise geolocation data. Maryland passed a similar bill in 2024, which will be effective this fall. Other states such as Maine, Massachusetts and Vermont are considering similar legislation. Similar legislation failed to pass this spring in California. The Record | Oregon becomes second […]

Concerns over AI in financial services

The Government Accountability Office released a report this week that raises concerns about AI use in financial services. The concerns include potentially biased lending decisions, data quality issues, privacy concerns, and new cybersecurity threats. The report also highlights that federal regulatory agencies don’t have the tools to oversee AI use. 

Texas is #3

Texas is the 3rd state to create a bitcoin reserve. Arizona and New Hampshire beat Texas to the 1st spot. Texas’ SB21 opens the Bitcoin Reserve only to cryptocurrencies with a 12-month average market cap of at least $500 billion can be purchase. Bitcoin magazine | Texas Legislature Passes Bitcoin Reserve Bill

Federal digital equity act

The Digital Equity Act is a federal act that seeks to expand access to broadband. President Trump says it is “racist and illegal $2.5 billion giveaway.” In response, Alisa Valentin, broadband policy director at open internet advocacy group Public Knowledge, said in a statement, “The irony is that the weaponization of the word ‘equity’ will halt […]

How goes it for the California Privacy Protection Agency?

California Privacy Protection Agency is the first  of its kind in the nation. It was approved by voters in 2020. It proposed some rules about AI that  the Governor and businesses said would be too costly. This week the agency revised its proposed rules, which they say won’t apply to 90% of businesses and reduces the cost to businesses […]