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Bitcoin Daily: Singapore’s MAS Looks To Expand Regulation Of Digital Token Services

PYMNTS

The Monetary Authority of Singapore (MAS) has proposed new regulations on cryptocurrency that will include those engaging in overseas activity, in an expansion on rules for the sector, according to a press release. The two organizations said an international consensus could help speed up transactions across borders.

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One City Plans To Run Entirely On Blockchain

PYMNTS

As more businesses join collaborative groups and invest in internal research and development (R&D) to explore using blockchain for new services, some firms have begun to use the technology themselves. Mutual fund conglomerate Vanguard is reportedly readying to implement blockchain into its own processes early next year.

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Finance Ministry: India Retailers With $7M+ Sales Must Accept Debit Cards

PYMNTS

The finance ministry in India passed a new regulation saying that companies with sales of more than ?50 The new regulation went into effect on Jan. In November , India’s Minister of state for electronics and IT (MeitY) announced that the government is drafting a national framework to expand the deployment of blockchain use cases.

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Things worth reading: 25th August 2016

Chris Skinner

Things we’re reading today include … U.S.

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America’s AI Bill of Rights is the Right Idea – and It’s About Time

FICO

The AI Bill of Rights is the first step toward similar regulation of AI and machine learning algorithms. A first step toward AI regulation. I’m delighted that one of my key innovations for Responsible AI, the use of blockchain technology for model management governance , was recently awarded a patent by the U.S. FICO Admin.

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Where Are We Now? 2022 Data Science and AI Predictions Revisited

FICO

Related: my LinkedIn Live webcast with MLOps expert Shreya Shankar, “Blockchain: How to Build Accountability and Auditability into AI Models.”). This notion is gaining serious traction as the regulation of AI is becoming increasingly emboldened. Scott serves on two boards of directors, Software San Diego and Cyber Center of Excellence.

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Sacred Data for Sale, steal it while you can!

Lex Sokolin

Capital One recently suffered a data breach resulting from poor security practices that exposed 100 million credit card applications and accounts. Two years back, Equifax lost 140 million identities, again from poor security practices. Second, we used to believe that what they have is relative secure and inaccessible to others.

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