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European Commission Poised to Issue New Guidance on AI Act Compliance

The European Commission is expected to release key guidelines by the end of the year to help thousands of organizations navigate the landmark artificial intelligence rules. The delay, now extended by six months, reflects rigorous deliberations aimed at refining the implementation strategy for the Code of Practice.

Refining The Regulatory Framework

A Commission spokesperson confirmed that discussions by the European AI Board are focusing on the timeline for implementing the Code of Practice associated with the AI Act’s Guidelines for Predictive Artificial Intelligence (GPAI) rules. The possibility of final guidance emerging by the end of 2025 underscores the Commission’s commitment to a methodical rollout.

Implications For Industry Leaders

The GPAI rules, which primarily target large language models such as OpenAI’s ChatGPT and comparable platforms from tech giants like Google and Mistral, are set to influence a broad spectrum of AI applications. Companies across different sectors will need to align with these new regulations to ensure compliance, a transformation that may dictate future technology investments and usage. For instance, organizations leveraging generative AI can expect significant shifts in operational compliance strategies as new guidelines take effect.

Revised Timelines And Strategic Considerations

The initial deadline of May 2 for the introduction of these compliance standards has now been pushed back, providing additional time for stakeholders to prepare for the changes ahead. This delay, although challenging for some, offers a strategic window for companies to review their AI use cases and update their compliance frameworks accordingly.

As the European Commission continues to engage with industry experts and key policymakers, businesses should monitor these developments closely to ensure a smooth transition under the evolving regulatory landscape.

Telegram Expands U.S. Access To Ton Crypto Wallet

Integrating Crypto Within A Trusted Platform

Telegram has taken a significant step by launching its TON crypto wallet for 87 million U.S. users. Built on the TON blockchain, this integrated wallet is designed to simplify the onramp for new crypto enthusiasts directly within the familiar Telegram app.

Overcoming Regulatory Barriers

Since 2023, international users have enjoyed access to Telegram’s self-custodial crypto wallet. However, U.S. users were previously restricted due to regulatory uncertainties. With the current expansion, Telegram addresses these challenges, underscoring its commitment to broadening access to digital finance.

Market Impact And User Adoption

Telegram’s strategy mirrors broader trends in fintech, where ease of use and seamless integration have become key drivers of adoption. Over 100 million global users activated their wallets last year, representing about 10% of Telegram’s total active user base. Additionally, public data indicates that approximately 334,000 transactions occur daily on the TON blockchain, highlighting a vibrant ecosystem.

Strategic Significance For The Crypto Industry

By embedding a crypto wallet directly into its application, Telegram not only boosts user engagement but also sets a benchmark for how established platforms can innovate in the digital currency space. This strategy could serve as a model for other tech giants, reinforcing the value of combining secure, user-friendly digital financial solutions with large, active communities.

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