MEXCBreaking: US Lawmakers Introduce National AI Commission Act
Crypto Market News: A group of United States lawmakers on Tuesday introduced an Act to establish a commission to study the country’s approach towards artificial intelligence. The focus will be on the question of regulating the AI space. The move comes several months after many tech leaders, including billionaire Elon Musk, called for the need to enforce slowdown in AI development. Recently, OpenAI’s Sam Altman also spoke about the need for regulating the AI industry.
Also Read: Former CFTC Chairman Calls SEC Charges on Coinbase ‘Boring’
Congressmen Ted W. Lieu, Ken Buck and Congresswoman Anna Eshoo introduced the National AI Commission Act, bipartisan and bicameral legislation to create a national commission on the Artificial Intelligence (AI) space. The objective is to develop a framework for AI regulation.
Comprehensive Framework for AI regulation
The Act appears to be more focused towards preventing harm from the technology. Congressman Lieu warned that AI can also cause significant harm if left unchecked and unregulated. Hence, the commission will unite experts, government, industry, labor to make recommendations on the best ways to move forward on AI regulation, a statement from the lawmakers said.
“The bipartisan, blue-ribbon commission will review the United States’ current approach to AI regulation, make recommendations on any new office or governmental structure that may be necessary, and develop a risk-based framework for AI.”
Meanwhile, AI based crypto tokens Render (RNDR) and SingularityNET (AGIX) reacted positively to the news of the US AI Commission proposal.
Also Read: Bizarre Google Translate Error: Andrew Tate’s Bitcoin Seizure Misreported
- Metamask Airdrop Countdown Begins as Wallet Team Registers Token Claim Domain
- $2.5T Citigroup Partners With Coinbase to Enable Stablecoin Payments
- Who Will Be the Next Fed Chair? Scott Bessent Confirms Final Five Candidates
- Mt. Gox Delays Repayments to 2026 as Trump-Backed American Bitcoin Adds 1,414 BTC
- Crypto ETFs Attract $1B in Fresh Capital Ahead of Expected Fed Rate Cut This Week
- Polymarket Traders Bet Ethereum Price to Hit $5,000 as Bullish Pattern Forms
- Dogecoin Price Prediction As Whales Scoop Over $300 Million- Is A Bull Run Ahead?
- Pi Coin Price Jumps 24% as 10M Tokens Exit Exchanges – Can Bulls Sustain the Momentum?
- Bitcoin Price Prediction If President Trump Announces Deal with China on October 30th- Can BTC Break $125k?
- Analyst Eyes Key Support Retest Before a Rebound for Ethereum Price Amid $93M ETF Outflows and BlackRock Dump
- Bitcoin Price Eyes $120K Ahead of FED’s 98.3% Likelihood to Cut Rates
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
