Chief Justice Roberts addresses AI's legal impact, affirming human judgment’s significance. While warning of AI limitations, he notes its potential to enhance legal access. However, he doesn’t comment directly on crypto cases. AI’s growing influence in courts remains a focal point, per Roberts’ insights.
EdmundIn a significant release, U.S. Supreme Court Justice John Roberts conveyed cautionary notes about integrating artificial intelligence (AI) into the legal domain. Stressing prudence and modesty, Roberts acknowledged AI's transformative potential while underscoring its inherent risks. The comprehensive 13-page report delves into the intricate balance between leveraging AI for efficiency and confronting its privacy concerns, emphasizing the irreplaceable role of human judgment.
Huang BoFormer SEC Chair Jay Clayton's surprising endorsement of cryptocurrency, despite past legal clashes with Ripple, prompts Ripple CEO Brad Garlinghouse to question the sincerity of Clayton's newfound support, raising concerns about potential inconsistencies in his evolving stance.
JasperThe IMF has released a board paper that provides guidance on how countries should draft appropriate policies in relation to cryptocurrencies.
Bitcoinist
Coinlive New York Attorney General Letitia James is suing former-CEO and co-founder of Celsius Network Alex Mashinsky.
BeincryptoAhead of the SEC's July 6 decision, the investment giant has hired former Deputy Attorney General Don Verrilli as a senior legal strategist, working alongside the firm's attorneys and in-house counsel at Davis Polk & Wardwell LLP .
CointelegraphBitcoinistUS SEC Commissioner Caroline Crenshaw called for the construction of a "bridge" for encryption companies to cooperate with the US SEC to determine compliance plans, rather than providing safe harbors for encryption companies.
CointelegraphAccording to Michael Hsu, representatives from the crypto industry as well as within the U.S. government could work toward setting standards on stablecoins.
Cointelegraph