Tag: consent

Cryptocurrency News: US Regulators Should ‘Maybe’ Ban Crypto + Digital Asset Anti-Money Laundering Act of 2022

Ms. Cat

Banking Committee Chair: US Regulators Should ‘Maybe’ Ban Crypto

The senator [Sherrod Brown] also pointed to numerous incidents to back up his claims, not just the recent collapse of FTX but also issues such as “the threat to national security from Korean cyber criminals to drug trafficking and human trafficking and financing of terrorism and all the things that can come out of crypto.”

…

Senator Elizabeth Warren unveiled a new bill governing cryptocurrencies earlier this month, dubbed the Digital Asset Anti-Money Laundering Act.

Warren’s bill would look to force crypto asset providers to offer audited financial statements and impose bank-like capital requirements more in line with what is expected of traditional financial institutions. The act would also give the SEC increased powers to regulate the asset class.

Get ready for the Digital Dollar!

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Clearview AI Walks Back Earlier Claims, Is Now Willing To Sell Its Sketchy Product To Anyone With Money And A Pulse

Ms. Cat

If only Clearview had managed to remain under the radar. If it had, it could have been the stealth privacy assassin multiple entities (both public and private) desire, but are unwilling to admit to using publicly. Even the rest of the facial recognition tech field wants nothing to do with Clearview and the billions of images/data points it has scraped from the public web. Clearview remains alone in its extreme odiousness — a villain rising head and shoulders above its already questionable competition.

Clearview AI Walks Back Earlier Claims, Is Now Willing To Sell Its Sketchy Product To Anyone With Money And A Pulse

Face scanner Clearview AI aims to branch out beyond police:

One of its biggest known federal contracts is with U.S. Immigration and Customs Enforcement, particularly its investigative arm which has used it to track down both the victims and perpetrators of child sexual exploitation. Clearview in March also started offering its services for free to the Ukrainian military, in part to help identify dead Russian soldiers using Clearview’s repository of about 2 billion images scraped from Russian social media website VKontakte.