Discover and read the best of Twitter Threads about #regulation
Most recents (24)
1/11: The use of #AI & machine learning (#ML) in financial services brings benefits, but also novel challenges & amplified risks. The question of whether AI can be managed through existing regulations or requires a new approach is crucial in ensuring the interests of the markets.
2/11: Achieving regulatory excellence in #AI regulation involves clear & transparent regulations, a risk-based approach, stakeholder engagement, science-based decision-making, regulatory cooperation, continuous improvement, flexibility, efficient processes & accountability.
3/11: The heterogeneity & constant evolution of #AI algorithms require multiple specialised regulatory agencies to effectively regulate their use. These agencies must build data science capacity, employ flexible strategies & remain vigilant in their regulation.
1/ In the ever-evolving world of emerging technologies, #SafeHarbor provisions serve a vital role in striking a balance between fostering innovation and providing legal protection for businesses operating in uncertain legal environments 🧵
#CryptoRegulation #EU
#CryptoRegulation #EU
2/ By complying with specific rules or standards, entities can benefit from legal protection, allowing them to focus on promoting innovation in their respective industries.
3/ For instance, the #US Digital Millennium Copyright Act and the European e-Commerce Directive both provide safe harbor provisions aimed at protecting internet service providers from liability for third-party content.
1/10: This threads critically highlight a few points on the #UK #FCA Proposal on #Cryptoasset Financial Promotions Rule that seeks feedback on how they approach & how firms comply with their requirement of fairness, clarity and not misleading. #CryptoRegulations
2/10: The FCA has introduced new regulations for marketing cryptoassets to #UK consumers. This move requires firms, including those based overseas, to comply with the regime and review the statutory instrument alongside the Policy Statement (PS). #CryptoRegulations
3/10: Firms planning to market to UK consumers must carefully consider the four available routes for lawfully communicating promotions and ensure compliance with the relevant requirements. Seeking professional advice is crucial during this preparation phase. #ComplianceMatters
📢Thread:🧵
Navigating #Crypto #Regulation in the UK 🇬🇧💰🔍
A comprehensive summary of the UK House of Commons Treasury Committee report on government's approach to #cryptoassets & how they plan to balance the scales of innovation and risk. (1/16) #ShitcoinShutdown #DLT
Navigating #Crypto #Regulation in the UK 🇬🇧💰🔍
A comprehensive summary of the UK House of Commons Treasury Committee report on government's approach to #cryptoassets & how they plan to balance the scales of innovation and risk. (1/16) #ShitcoinShutdown #DLT
2. Shoutout to @MatthewLINY for finding this document that was published May 10 2023. 🤝
In this thread, I am going to summarize some viewpoints of the UK Gov and I will post the document link at the end of the Thread! Lets dig in⏬ #Crypto #DLT #Blockchain
In this thread, I am going to summarize some viewpoints of the UK Gov and I will post the document link at the end of the Thread! Lets dig in⏬ #Crypto #DLT #Blockchain
3. The Treasury Committee has called for the UK Gov to step up its efforts in regulating #cryptocurrency, amidst rising concerns about risks to consumers.
They advocate for a pragmatic and balanced approach to regulation, recognising the potential of #DLT in financial services.
They advocate for a pragmatic and balanced approach to regulation, recognising the potential of #DLT in financial services.
Excellent talk by Simon Sharpe @INETOxford just now, pointing out how the #climate crisis challenges economic #orthodoxy in several ways. Spoiler 🔥"Economics as a discipline has forgotten what the scientific method is" (@camjhep pointing to #heterodox ideas in defense)🧵
💡The premise: To meet our #climate goals, we need to reduce emissions globally by about 8% per year by 2030, as compared to the 1,5% p.a. achieved so far - hence the title of his book #FiveTimesFaster
1⃣ An #economy going through the rapid and far-reaching systems #transition this requires (acc. to @IPCC_CH) cannot be analysed in terms of #equilibrium, a sitation in which "nobody has any immediate reason to change their actions" according to the Oxford Dictionary of Economics.
Exciting AI updates!
CBSE adds coding & AI to schools, Indian student creates AI legal advisor, China leads in AI regulation, AI chips competition heats up ..
Plus, first arrest due to AI-generated misinformation ..
Let’s explore it all here 👇 twitter.com/i/web/status/1…
CBSE adds coding & AI to schools, Indian student creates AI legal advisor, China leads in AI regulation, AI chips competition heats up ..
Plus, first arrest due to AI-generated misinformation ..
Let’s explore it all here 👇 twitter.com/i/web/status/1…
1/1. CBSE is introducing coding, AI, financial literacy, and more skills for class 6 onwards.
🎓 These optional courses, lasting 10-15 hours, integrate vocational studies into the curriculum to let students explore their interests!
🎓 These optional courses, lasting 10-15 hours, integrate vocational studies into the curriculum to let students explore their interests!
1/2. The new subjects introduced by CBSE don't require extra investments like labs or special teachers. 💰
This means students can get tertiary-level exposure without additional resources. It's all about providing equal opportunities!
This means students can get tertiary-level exposure without additional resources. It's all about providing equal opportunities!
I’ve been asked on here about the link between #Eurodollar creation and current (US) #inflation and the power of the #Fed to fight it. Since I get this question often, I thought I do a quick thread about it. (1/10)
In ch. 2 of “Offshore Finance and State Power” I explain how banks outside the US can create US$ by issuing debt. These #Eurodollar look like US$, but are different b/c a different legal code is attached to them (mostly English law) tinyurl.com/yhefwrxh (2/10)
The obvious follow up questions are: 1) Can these #Eurodollar cycle back into the US economy? 2) Can they create #inflation there? 3) Given they are created outside the US, does the #Fed have the power to fight inflation? (3/10)
1/ MiCA final voting will happen this April. But what the hell is MiCA? Markets in Crypto-Assets (MiCA) is the main regulation in the EU (European Union). 👨🏻⚖️ Let's discuss how it can affect the industry and what is it all about. #MiCA #EU #regulation
2/ The proposed MiCA regulation in the EU is kind of a significant development for the crypto industry. While the regulation aims to provide clarity and regulatory certainty, it presents both benefits and drawbacks that must be carefully considered.
3/ The aim of MiCA is to establish a comprehensive set of rules and standards for digital assets, covering everything from initial coin offerings (ICOs) and security tokens to stablecoins and non-fungible tokens (NFTs).
USDC Stablecoin Cash Reserves at Failed Silicon Valley Bank Come Under Scrutiny #USDC $USDC $QUACK #RichQUACK #Cryptocrash
THREAD 🧵👇
THREAD 🧵👇
1/ The USDC stablecoin is facing intense scrutiny after a Silicon Valley bank that was holding around $11 billion in cash reserves failed. This has raised serious questions about the safety and transparency of the stablecoin's cash reserves. $QUACK
2/ For those unfamiliar with it, USDC is a stablecoin that is pegged to the U.S. dollar and has become increasingly popular in the cryptocurrency space. It is managed by Circle, a leading crypto financial services company. $QUACK
#Democracy/#FacaDemocracy: “Bolstering these #IntellectualProperty protection devices is an expanding set of inter-government deals. The construction of the global #market #system has been marked by a proliferation of over 3,200 bilateral and multilateral treaties on trade ...
... and investment, most of which have never been subject to any #democratic mandate or accountability."
"…. As one Investment #banking expert noted: 'It is a mistake to call it a trade agreement. This is really an agreement that's [sic] purpose is substantially to weaken nation-based #regulation while at the same time strengthening #IntellectualProperty protections.' ...
📰 TOP-ED | Terrific, timely, & much-needed @WSJopinion piece from @SenatorLankford & @DrBrian4Health.
"This #legislation would put patient choice back into #hospital markets by allowing #doctors to build efficient businesses & better serve #patients."
wsj.com/articles/end-o…
"This #legislation would put patient choice back into #hospital markets by allowing #doctors to build efficient businesses & better serve #patients."
wsj.com/articles/end-o…
In the #enshittification cycle, a #platform lures users with a good deal at first, then it lures business customers (advertisers, sellers, creators) by handing them the #surplus; finally, it takes all the surplus for itself, creating a pile of shit:
pluralistic.net/2023/01/21/pot… 1/
pluralistic.net/2023/01/21/pot… 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2023/01/27/ens… 2/
pluralistic.net/2023/01/27/ens… 2/
When a company is neither disciplined by #competition nor by #regulation, enshittification inevitably ensues. 3/
Last week, @markgurman published a blockbuster story in @Business, revealing #Apple's plan to allow third-party #Ios #AppStores to comply with the #EU's #DigitalMarketsAct. @Apple didn't confirm it, but I believe it. Gurman's sourcing was impeccable:
bloomberg.com/news/articles/… 1/
bloomberg.com/news/articles/… 1/
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
pluralistic.net/2022/12/21/mal… 2/
pluralistic.net/2022/12/21/mal… 2/
This is a huge deal. While Apple's "curated" approach to software delivers benefits to users, those benefits are unreliable. As I explain in a new post for @EFF's Deeplinks blog, Apple only fights for its users when doing so is good for its shareholders. 3/
The SEC's latest proposals announced this week will bring the biggest changes to US stock market microstructure of this decade. Here's why. ⬇️
1️⃣ 📢 SEC Proposes Amendments to Enhance Disclosure of Order Execution Information (sec.gov/news/press-rel…)
☝️ The proposed amendments [...] would require the reporting of execution quality information for fractional share orders, odd-lot orders, and larger-sized orders.
🧵#Bioinformatics applied to genomics, a THREAD🧵🧵:
#Genomics is the study of the entire #genetic makeup of an #organism, including its #DNA sequence, #gene structure, and regulation of #gene #expression.
#Bioinformatics is the application of computational techniques, such as #machine #learning and data mining, to the analysis of large datasets of biological information, such as #genomic, #proteomic, and #metabolomic data.
After BitLicense & a 2-year moratorium on PoW mining, New York State has come up with another proposed #crypto regulation. 📜
And according to many, it might impede the growth of the #blockchain industry in New York. ⚠️
And according to many, it might impede the growth of the #blockchain industry in New York. ⚠️
But state authorities believe otherwise.
In fact, they think this #regulations would only strengthen the industry. 🤝
In fact, they think this #regulations would only strengthen the industry. 🤝
This time, The New York State Department of Financial Services (NYDFS) has proposed a Virtual Currency License Assessment bill asking the state to collect fees from #crypto businesses. 💰
Yes, you read that right!
And for what exactly? 🤔
Yes, you read that right!
And for what exactly? 🤔
🧵#Bioinformatics applications, a THREAD🧵🧵:
One of the key areas of #bioinformatics is the application of #computational techniques to the analysis of large #datasets of biological information, such as #genomic, #proteomic, and #metabolomic data.
#Genomic data provides information about the entire genetic makeup of a #biological system, including the #sequences of all its genes and the #regulation of their e#xpression.
Crypto Has A Bad Name Because:
1. 99% of #DLT Tokens Are Scams W/ No Utility🚨
2. 79% of Crypto Influencers Are💰Motivated & Invest On Hype
3. Mainstream Media Says It's💩
This Should NOT Distract You From The Technology Transformation Currently Taking Place.
-A 🧵 of Threads-
1. 99% of #DLT Tokens Are Scams W/ No Utility🚨
2. 79% of Crypto Influencers Are💰Motivated & Invest On Hype
3. Mainstream Media Says It's💩
This Should NOT Distract You From The Technology Transformation Currently Taking Place.
-A 🧵 of Threads-
I hope you can set some time aside to research!
I donated 5 hours to create this🧵to help others see topics around new era technology. 🧠
As I am tired of Mainstream Media covering up important things around the future of our global monetary system.
I donated 5 hours to create this🧵to help others see topics around new era technology. 🧠
As I am tired of Mainstream Media covering up important things around the future of our global monetary system.
1. Research Technology & DLT Projects With Real🌎Utility
Not Up Hyped Meme Coins ⛓
The content I cover is:
• CBDC's
• Crypto
• IoT + IoV
• Big Data
• Payments
• Innovation
• Paperless Trade
• DLT Interoperability
• Payment infrastructure
• Industry 4.0 Technology
Not Up Hyped Meme Coins ⛓
The content I cover is:
• CBDC's
• Crypto
• IoT + IoV
• Big Data
• Payments
• Innovation
• Paperless Trade
• DLT Interoperability
• Payment infrastructure
• Industry 4.0 Technology
#VLRM look to get final confirmation of the #GSX deal, morphing from basically a Spac into one of the world's first fully regulated exchanges crossing the digital divide, between #fiat & #crypto!
So for under 12 Million MCAP what's currently not priced in & what can we expect...
So for under 12 Million MCAP what's currently not priced in & what can we expect...
🔥The #GSX is a regulated exchange market (Tier 1 exchange) which also holds an Multi-Lateral Trading Facility ("MTF") licence for the listing of specific forms of security under MiFID.
#markets #StocksToBuy #stockstoinvest #Aquis #aim
#markets #StocksToBuy #stockstoinvest #Aquis #aim
🔥#Juno - 3 areas of licensed operations cover the formation & management of trusts & similar entities, the administration of funds, a broad range of activities, like fiat & crypto currencies & the formation & management of companies in #Gibraltar / jurisdictions worldwide.
@GeorgeSelgin @lawrencehwhite1 @jp_koning In the context I gave, the answers to the 2 questions play a critical role: they define the market. Prof. White added another: #anonymous #bearer_instruments.
Forgery, issuing, loaning, & taxing have been concerns from the earliest days of State control. Laws have to adapt >
/1
Forgery, issuing, loaning, & taxing have been concerns from the earliest days of State control. Laws have to adapt >
/1
@GeorgeSelgin @lawrencehwhite1 @jp_koning - to technology changes, which can radically alter the landscape of the #system.
Long before the specific formal appearance in the Literature¹ʻ², conflicts between open & closed markets were apparent & dealt with. The dilemma didn't go away, they relied on the difficulty >
/2
Long before the specific formal appearance in the Literature¹ʻ², conflicts between open & closed markets were apparent & dealt with. The dilemma didn't go away, they relied on the difficulty >
/2
@GeorgeSelgin @lawrencehwhite1 @jp_koning - of producing & transporting the object of redemption: gold. This clearing was done in separate, closed markets between banks &/or #nationstates.
Removing that standard shifted the dilemma for them, but we're concerned w/the citizen markets of nations. Suffice it to say, >
/3
Removing that standard shifted the dilemma for them, but we're concerned w/the citizen markets of nations. Suffice it to say, >
/3
Well positioned since 2018 thanks to a comprehensive legal framework, Gibraltar is attracting many players in the blockchain and crypto world wishing to get out of the blur by anchoring itself to a clear territory and legislation. @NigelMFeetham @GibraltarGov
Daring, this bet to transform this tip of the peninsula of 6.8 km2 into an international cryptohub could lead to the creation of the first hybrid Stock Exchange in the world.
Through his company @ValereumPLC , @RPoulden is finalising here the creation of the first stock exchange
Through his company @ValereumPLC , @RPoulden is finalising here the creation of the first stock exchange
in the world which will make it possible to invest in traditional assets - stocks, derivatives, currencies... - by paying for them in Bitcoin, Ethereum and maybe even in Dogecoin.
#btc #Ethereum #Dodgecoin
#btc #Ethereum #Dodgecoin
Début de l’examen du Projet de Loi de Financement de la Sécurité Sociale en @AN_AfSoc.
➕ de 600 amendements nous attendent pour alimenter le débat du #PLFSS2023. ⤵️
➕ de 600 amendements nous attendent pour alimenter le débat du #PLFSS2023. ⤵️
✅ Art. 5️⃣️#PLFSS2023 : Nous aidons les familles pour la garde d'enfants par la révision des aides sociales et fiscales pour l'accueil du jeune enfant (#PAJE)
✅Art. 6️⃣️#PLFSS2023 : Dans un souci le lutte contre le #travail dissimulé, nous engageons plus de responsabilités pour le donneur d'ordres.
Came across an interesting document from the
Financial Stability Board in 2019
Pay attention to the FSB if you are involved with crypto as they are an important Standard Setting Body (SSB)
-Thread on the slides-
#Crypto #DLT #Fintech #FSB #Innovation #Banking #Regulations #XRP
Financial Stability Board in 2019
Pay attention to the FSB if you are involved with crypto as they are an important Standard Setting Body (SSB)
-Thread on the slides-
#Crypto #DLT #Fintech #FSB #Innovation #Banking #Regulations #XRP
1. 1st picture they were working on creating Stablecoin regulation in 2020 and monitoring crypto assets.
• 2nd picture is from my video showing the G7 supports the work of the FSB and other SSBs ‼️
#G7 Video on #Digitalization, #CBDCs & Crypto Reg.
• 2nd picture is from my video showing the G7 supports the work of the FSB and other SSBs ‼️
#G7 Video on #Digitalization, #CBDCs & Crypto Reg.
Good news from #Brussels
The leaked @EU_Commission non-paper on Emergency Electricity Mkt Interventions addresses the root sources of the 10-fold electricity price increase:
➡️Excessive profits of inframarginal technologies (nuclear, hydro, renewables)
➡️Gas scarcity
🧵 Thread
The leaked @EU_Commission non-paper on Emergency Electricity Mkt Interventions addresses the root sources of the 10-fold electricity price increase:
➡️Excessive profits of inframarginal technologies (nuclear, hydro, renewables)
➡️Gas scarcity
🧵 Thread
The proposals imply a big step #forward in our understanding of how #electricity markets should be designed
And watch out 🔊 because emergency measures pave the way to #structural reform!
Some key reasons & thoughts...
And watch out 🔊 because emergency measures pave the way to #structural reform!
Some key reasons & thoughts...
1/ Acknowledging that not all technologies should be paid at the cost of gas-fired generation is equivalent to acknowledging that:
📢 a single *technology-neutral* *energy-only* market design is not adequate – under emergencies & beyond
📢 a single *technology-neutral* *energy-only* market design is not adequate – under emergencies & beyond
