Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

SEC swaps “AI” for “super intelligence” in 2027 exam priorities

27/10/2026

Bitmex Crypto Exchange Closes; Funds Left Behind Face New Account Fees

27/10/2026

Bitcoin faces an $8,000 trading trap as US midterms approach

26/10/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Bitcoin faces an $8,000 trading trap as US midterms approach

    26/10/2026

    Bitcoin Price Hovers Near $81K as Analysts See Potential Market Bottom

    26/10/2026

    Why BTC Price Is Ignoring Dollar Weakness

    26/10/2026

    Bitcoin price prediction — Relief reversal ahead or deeper $80K flush?

    26/10/2026

    Ethereum Whale Adds $5.67M USDC to Avoid Liquidation Risk

    26/10/2026

    Is Ethereum setting up to outperform Bitcoin in November?

    26/10/2026

    Lido Puts Liquidity Buffers At The Center Of Ethereum ETP Yield Debate

    26/10/2026

    Lido opens larger Ethereum validators with a 32 ETH operator bond

    26/10/2026

    Japanese Exchange Announces New Shiba Inu Giveaway as SHIB Gains Spotlight

    26/10/2026

    STRK Surges 25% as Starknet Votes on Ethereum ‘Divorce’ for Quantum Security

    26/10/2026

    Pyth Network Reports Q3 Growth with $2.16 Trillion in Volume

    26/10/2026

    Cryptocurrencies Fell, Whales Moved! Arthur Hayes and the Altcoins Whales Bought Revealed! Here Are the Details

    26/10/2026

    SquiggleDAO Acquires NFT Through Decentralized Community

    24/10/2026

    Collector Crypt Reports Record $24.3 Million Day

    22/10/2026

    Yuga Labs Launches Mudwater Trading-Card NFTs on Solana

    22/10/2026

    Is It Still the Best NFT Marketplace?

    21/10/2026

    SEC swaps “AI” for “super intelligence” in 2027 exam priorities

    27/10/2026

    Bitmex Crypto Exchange Closes; Funds Left Behind Face New Account Fees

    27/10/2026

    Bitcoin faces an $8,000 trading trap as US midterms approach

    26/10/2026

    Bitfinex Spotlights Tokenised Stocks

    26/10/2026
  • Blockchain

    Solana Amplifies LI.FI Announcement of Intents Launch

    25/10/2026

    Base Amplifies Announcement of Multi-Network Access via Keeper

    25/10/2026

    Optimism Partners with Meritz Securities for Korean

    25/10/2026

    Polygon Amplifies BIG UNLOCK for Enterprises

    25/10/2026

    Robinhood Chain revenue reached $51M in Q3, topping Ethereum’s $41M

    25/10/2026
  • DeFi

    Stani Kulechov Promotes Borrowing USDC via Aave’s Tokenized

    26/10/2026

    Stablecoin deposits in DeFi rise 560.8% in three years as lending pools log outflows

    26/10/2026

    Llamalend v2 Delivers High Yields on $syrupUSDC

    25/10/2026

    Aave changes USDT borrowing rules and loan costs suddenly jump

    25/10/2026

    Uniswap Confirms cirBTC Dominance on arc with 90% Trading

    25/10/2026
  • Metaverse

    Exploring the Future of the Metaverse

    19/10/2026

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026
  • Regulation

    Bitfinex Spotlights Tokenised Stocks

    26/10/2026

    Tokenized commodities look beyond gold as lending and oil open new markets

    26/10/2026

    Inflation target of 2% may not stop the next Fed rate freeze

    26/10/2026

    Being right about Bitcoin won’t save your 3x leveraged ETF position

    26/10/2026

    BlackRock offloaded almost $500 million of this crypto in a week

    26/10/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Bitmex Crypto Exchange Closes; Funds Left Behind Face New Account Fees

    27/10/2026

    Crypto Exchange Spot Volume Jumps 36.5% to $696.7B in September

    26/10/2026

    BNBCHAIN Launches x402 for Programmable Payments in Crypto

    26/10/2026

    Robinhood Expands frxUSD Liquidity with New Trading Pairs

    26/10/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Top 12 NFT games every player should know about in August 2026

    19/08/2026

    GameShame Studios founder details Raijin Protocol’s roadmap in NeoPod’s sixth AMA

    13/08/2026

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    Tether is Developing AI-Powered Bitcoin Mining Management Technology! Here are the Details

    26/10/2026

    Paolo Ardoino wants AI to run Bitcoin mines. Who gets permission to act?

    26/10/2026

    Bitcoin’s 7-Day Hashrate Returns to 1 ZH/s After Nearly 8 Months

    26/10/2026

    Bitcoin Hashrate Shrugs off the AI Unplug, Regaining 1 ZH/s Level

    25/10/2026

    SEC swaps “AI” for “super intelligence” in 2027 exam priorities

    27/10/2026

    Caroline D. Pham Delivers Keynote on Crypto Regulation

    26/10/2026

    Cboe Clear’s SEC registration lets the clearinghouse handle securities

    26/10/2026

    South Africa Backtracks on Controversial Crypto Rules After Backlash

    26/10/2026

    SEC swaps “AI” for “super intelligence” in 2027 exam priorities

    27/10/2026

    Bitmex Crypto Exchange Closes; Funds Left Behind Face New Account Fees

    27/10/2026

    Bitcoin faces an $8,000 trading trap as US midterms approach

    26/10/2026

    Bitfinex Spotlights Tokenised Stocks

    26/10/2026
  • MarketCap
NBTC News
Home»Legal»California Governor Newsom Vetoes AI Safety Bill that Divided Silicon Valley
Legal

California Governor Newsom Vetoes AI Safety Bill that Divided Silicon Valley

NBTCBy NBTC02/10/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


On Sunday, California Governor Gavin Newsom vetoed Senate Bill 1047 (SB 1047), a proposal that aimed to establish new safety standards for artificial intelligence systems.

Although the bill was touted as a potential model for future AI regulation, Newsom argued it could stifle innovation in California’s tech sector.

“Adaptability is critical as we race to regulate a technology still in its infancy. This will require a delicate balance,” Newsom wrote.

Newsom noted that SB 1047’s focus on large-scale AI models—those costing over $100 million—might leave smaller yet equally risky models outside its purview.

The bill, authored by State Senator Scott Wiener, sought to impose safety protocols for developers of large AI models and establish a Board of Frontier Models to oversee compliance.

“By focusing only on the most expensive and large-scale models, SB 1047 creates a framework that could give the public a false sense of security about controlling this fast-moving technology,” Newsom added.

SB 1047 garnered support from tech safety advocates, including Elon Musk, who called for its passage last month. “For over 20 years, I have been an advocate for AI regulation, just as we regulate any product or technology that poses a risk to the public,” Musk said.

Musk’s call was backed by AI luminaries Geoffrey Hinton and Yoshua Bengio, along with more than 125 Hollywood figures, who signed an open letter urging Newsom to approve the bill.

However, the bill faced resistance from major tech players and venture capitalists who argued the regulations could curb innovation and drive talent away from California. OpenAI, Meta, and Google were among the opponents, preferring a federal approach to regulation.

Newsom echoed these concerns, suggesting a more nuanced, evidence-based approach.

“A California-only approach may well be warranted—especially absent federal action by Congress—but it must be grounded in empirical evidence and science,” he wrote.

Senator Wiener voiced disappointment with the veto, warning that without regulation, AI companies would continue to self-police without enforceable safety standards.

While Newsom has signed other AI-related bills, including measures to combat deepfakes in elections and protect actors’ likenesses from being replicated by AI without consent, his rejection of SB 1047 underscores the challenge of balancing innovation with oversight.

Newsom pledged to work with experts, lawmakers, and federal partners to develop future AI regulations, promising to “find the appropriate path forward.”

Edited by Sebastian Sinclair

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

SEC swaps “AI” for “super intelligence” in 2027 exam priorities

27/10/2026

Caroline D. Pham Delivers Keynote on Crypto Regulation

26/10/2026

Cboe Clear’s SEC registration lets the clearinghouse handle securities

26/10/2026

South Africa Backtracks on Controversial Crypto Rules After Backlash

26/10/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

SEC swaps “AI” for “super intelligence” in 2027 exam priorities

27/10/2026

Bitmex Crypto Exchange Closes; Funds Left Behind Face New Account Fees

27/10/2026

Bitcoin faces an $8,000 trading trap as US midterms approach

26/10/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.