According to The Verge, U.S. President Donald Trump is weighing an executive order that could grant the federal government unilateral authority to regulate artificial intelligence. The draft envisions an AI Litigation Special Task Force operating under the Attorney General, with a mandate to challenge state AI laws. The move signals a potential shift in the AI regulatory landscape that may influence the broader tech and fintech policy environment.
The draft order would empower the task force to sue states deemed to impede AI development and would establish periodic consultation with the White House’s AI and cryptocurrency advisory group, whose members include the White House AI and Cryptocurrency Advisor Sachs. This interagency collaboration could shape regulatory expectations for digital assets and crypto markets, creating a clearer risk framework for issuers, exchanges, and investors.
Source: https://en.coinotag.com/breakingnews/trump-considers-executive-order-to-regulate-ai-launches-ai-litigation-task-force-with-cryptocurrency-advisors
