Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Senator Lummis Introduces Bill on AI Transparency Requirements

Senator Lummis Introduces Bill on AI Transparency Requirements

TokenTopNewsTokenTopNews2025/06/13 17:56
By:TokenTopNews
Key Points:

  • RISE Act requires AI firms to publish model cards.
  • Effort led by Senator Cynthia Lummis.
  • Potential long-term effects on fintech and crypto sectors.
Understanding the RISE Act of 2025: A Step Towards AI Transparency

Senator Cynthia Lummis introduced the Responsible Innovation and Safe Expertise (RISE) Act of 2025, mandating AI firms to disclose technical details to ensure informed decision-making for professionals.

Introduction to the RISE Act

Senator Cynthia Lummis has spearheaded a legislative initiative known as the Responsible Innovation and Safe Expertise Act . It aims to promote transparency in AI technologies without offering blanket immunity to developers. The bill mandates AI developers to provide model cards describing technical aspects and use cases, ensuring professionals make informed choices in incorporating AI into their industries.

Impact on AI and Financial Sectors

The immediate focus is creating clarity within the AI sector, mitigating legal risks for developing entities. Although primarily centered on AI, industries like fintech and cryptocurrency, utilizing advanced AI, may see indirect impacts. Market reactions indicate potential long-term benefits for companies integrating AI, although no immediate shifts in cryptocurrency markets like ETH or BTC have been reported following the bill’s announcement.

“Today, I introduced the RISE Act of 2025 — legislation to protect innovation, empower professionals, and bring real transparency to powerful AI systems.” – Cynthia Lummis, U.S. Senator. source

Global and Future Implications

The bill reflects growing interest in technology governance but lacks historical precedent in U.S. legislation concerning AI model transparency. It aligns with international norms, echoing efforts like the European AI Act. The RISE Act could provide a framework influencing AI-related innovations and regulations in sectors like finance, law, and healthcare. Its long-term effects on investment trends within crypto and fintech remain a topic of analysis.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!