List of Flash News about RISE Act
Time | Details |
---|---|
2025-07-01 12:43 |
Cynthia Lummis's RISE Act: How New AI Regulation Could Impact Crypto Markets, ETH, and SOL
According to @ylecun, Senator Cynthia Lummis has introduced the Responsible Innovation and Safe Expertise (RISE) Act of 2025, a pivotal piece of legislation for the AI and tech sectors with significant implications for cryptocurrency. The source states the bill clarifies that professionals, including financial advisors, remain legally responsible for their advice even when using AI. Critically for the market, the RISE Act offers a liability shield to AI developers who publicly release detailed 'model cards' disclosing training data, performance metrics, and limitations, a move that could incentivize transparency in the crypto AI space. However, the legislation stops short of mandating fully open-source models, a point of concern previously raised by Hashed CEO Simon Kim regarding the risks of centralized, 'black box' AI. This regulatory development comes as the convergence of AI and blockchain accelerates, exemplified by leaders like Anthropic's Daniela Amodei securing an $8 billion partnership with Amazon. For traders, this legislative push for AI transparency could influence investment in AI-related crypto projects. Currently, the broader market shows consolidation, with Ethereum (ETH) trading around $2,436 and Solana (SOL) near $148, both experiencing minor declines in the last 24 hours according to market data. |
2025-06-30 17:23 |
AI and Blockchain Convergence Drives Market as Lummis Proposes RISE Act; ETH and SOL Show Bullish Momentum
According to @satyanadella, the convergence of AI and blockchain is a powerful trend reshaping finance and technology, with innovators like Daniela Amodei of Anthropic leading the way in responsible AI development, achieving a $61.5 billion valuation. This trend is underscored by proposed legislation from Senator Cynthia Lummis, the RISE Act of 2025, which aims to create a liability framework for AI developers. The source states that the act would require developers to publish detailed 'model cards' to gain liability protection, a move that could increase transparency in the AI sector without mandating open-source models. For traders, this regulatory development could reduce risk and favor more transparent AI projects. This news comes as major cryptocurrencies show positive momentum, with provided market data indicating Solana (SOL) trading at $157.43, up over 4%, and Ethereum (ETH) at $2511.31, up over 3% in the last 24 hours. |
2025-06-30 17:21 |
Cynthia Lummis' RISE Act Demands AI Transparency as Web3 & AI Convergence Drives ETH and SOL Prices Higher
According to @GoogleDeepMind, Senator Cynthia Lummis's proposed Responsible Innovation and Safe Expertise (RISE) Act of 2025 could significantly impact the AI and crypto sectors by requiring AI developers to disclose technical details, or "model cards," to gain liability protection. This push for transparency, while stopping short of mandating open-source models, aligns with a broader trend of AI and Web3 convergence, as cited in the source. Innovators are combining AI's predictive analytics with blockchain's immutable verification, exemplified by Daniela Amodei's Anthropic achieving a $61.5 billion valuation with its safety-focused AI, and Nkiru Uwaje's MANSA using stablecoins to facilitate $92 million in payments. This backdrop of regulatory clarity and technological fusion coincides with positive market momentum for key cryptocurrencies. According to market data provided, Ethereum (ETH) has risen over 3% to approximately $2,511 (ETHUSDT), and Solana (SOL) has climbed over 4% to around $157 (SOLUSDT), suggesting trader optimism in ecosystems at the forefront of this convergence. |
2025-06-28 21:01 |
Senator Lummis Proposes AI and Bitcoin (BTC) Legislation; Crypto Market Sees Solana (SOL) Gain Over 2%
According to @KobeissiLetter, U.S. Senator Cynthia Lummis is advancing significant legislation for both digital assets and artificial intelligence, aiming to establish clear regulatory frameworks. The source details a push for bills like the GENIUS Act for stablecoins, the Lummis-Gillibrand Act to define crypto commodities versus securities, and the BITCOIN Act to solidify Bitcoin's legal status and promote its use. Concurrently, Lummis has introduced the RISE Act for AI, which would require AI developers to disclose technical specifications and limitations via 'model cards' to gain some liability protection, though it does not mandate making the models open source. This legislative activity occurs as the crypto market shows mixed results. Based on provided data, Bitcoin (BTC) is trading around $107,723 with a minor 0.32% gain, while Ethereum (ETH) is up 0.91% at about $2,443. Solana (SOL) is a notable performer, climbing 2.87% to approximately $150.53. |