logo
  • menu
  • Markets
  • ETFs
  • Live
  • Spot
  • Futures
  • Bots
  • Learn
  • Sign In
  • Sign Up
  • Downloads
  • English
  • |
  • USD
  • |
Sign Up
Crypto PricesLearnLatest NewsDownloadsMarketsSpotAnnouncements
Home/
Latest News/
Industry

Italy Prioritizes AI Regulation During G7 Presidency

By Jerry McNeill
Jan 8, 2024
4 
★
★
★
★
★
★
★
★
★
★
 471 User Rating
Share

During its January-December presidency of the Group of Seven (G7), Italy is set to prioritize the discussion of artificial intelligence (AI), marking it as one of its main focal points. Prime Minister Giorgio Meloni outlined Italy’s priorities during a press conference on December 4, 2023, which included backing development initiatives in Africa, supporting Ukraine, and addressing AI-related issues. Meloni expressed concerns about AI's impact on the labor market, stating, "I'm very concerned about the impact (of artificial intelligence) on the labor market... Today we are facing a revolution where [human] intelligence is in danger of being replaced."

Although the prime minister didn't delve into specifics about AI-related concerns, she disclosed plans to convene a dedicated meeting among G7 members to discuss AI before the first leaders’ summit scheduled for June. Italy's government has been grappling with the implications of AI on the labor market, with a particular focus on employment challenges. Earlier in May 2023, the country allocated €30 million ($33 million) to the Fondo per la Repubblica Digitale (FRD) to support individuals at risk of job displacement due to automation and AI.

In March 2023, the Italian Data Protection Authority took action to restrict OpenAI, the US company behind ChatGPT, from processing data of local users, citing concerns about the lack of a legal basis to justify extensive data collection and storage during AI algorithm training. However, a month later, ChatGPT fulfilled the requirements, resulting in the lifting of the ban. Despite this, in November, Italy's Data Protection Authority initiated a "fact-finding investigation" aimed at scrutinizing data collection practices utilized for training AI algorithms.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

Related News

  • NVIDIA GTC 2026 Highlights: AI Chips, Robots Signal New Era

    NVIDIA GTC 2026 Highlights: AI Chips, Robots Signal New Era

    The announcements at NVIDIA GTC 2026 demonstrate how AI development is expanding beyond traditional data centers into robotics, enterprise automation, and space computing.
    James Dean
    Mar 17, 2026
  • Digital Traders Diversify: US Stocks and Strategic Sectors Attract Capital

    Digital Traders Diversify: US Stocks and Strategic Sectors Attract Capital

    A recent private survey of South Korean crypto opinion leaders suggests a growing shift from digital assets toward the stock market.
    Christopher Smith
    Mar 5, 2026
  • AI bot 'Clanker' racks up $34M in swap fees launching Base memecoins

    AI bot 'Clanker' racks up $34M in swap fees launching Base memecoins

    Clanker has raked in over $34.4 million in swap fees by automating the creation and trading of more than 355.000 tokens.
    Sherry Cantwell
    Aug 6, 2025

Latest News

Industry

Cryptocurrency

Airdrop

Markets

  • Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    Brazil’s CVM Launches 60-Day Sprint to Tokenize Securities

    The Brazilian Securities and Exchange Commission (CVM) has officially established a dedicated task force to develop an experimental regulatory framework for tokenized securities, providing a fast-tracked timeline for the digital capital market.
    Martha Grizzard
    Jul 21, 2026
  • Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid Enables Permissionless Markets With HIP-4 Plan

    Hyperliquid has announced a forthcoming enhancement to its HIP-4 upgrade that will allow for the permissionless deployment of decentralized prediction markets.
    Christopher Smith
    Jul 21, 2026
  • DTCC Launches Live Tokenized Asset Trading for Wall Street

    DTCC Launches Live Tokenized Asset Trading for Wall Street

    The DTCC successfully transitioned from pilot testing to live production trades on July 15, 2026, marking the largest-scale institutional tokenization initiative to date.
    Cornell Rachel
    Jul 16, 2026
  • South Korea Updates Asset Law to Include Cryptocurrency

    South Korea Updates Asset Law to Include Cryptocurrency

    The South Korean Ministry of Economy and Finance announced a transition from the 1950 State Property Act to a new National Asset Basic Act to better reflect modern digital resources.
    Martha Grizzard
    Jul 16, 2026
  • New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    New SEC Crypto Rule to Cut Red Tape for Startup Fundraising

    The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.
    Martha Grizzard
    Jul 8, 2026
View more data 

Top

View more
  1. 1S&P 500 Reclaims 200-Day Moving Average, Bitcoin Gains
  2. 2Trump Softens His Stance on Reciprocal Tariffs, US Stocks and Crypto Markets Rise
  3. 3Vitalik Buterin : The current price of ETH has not been affected by the merger event
  4. 4Vibhu Norby : Solana Spaces store to bring 100K people to Solana per month
  5. 5CZ: compared with the record high nine months ago, the current situation of the industry is much better

Top Gainers

View more
Bubblemaps
BubblemapsBMT

$0.0334

+152.84%
Tutorial
TutorialTUT

$0.1581

+104.59%
Mubarak
MubarakMUBARAK

$0.0252

+62.55%
Audiera
AudieraBEAT

$3.6630

+34.42%
Anoma
AnomaXAN

$0.0191

+33.13%

Top Trending

View more
Semicon Bull 3X ETF
Semicon Bull 3X ETFSOXL

$141.820

-0.59%
Hyperliquid
HyperliquidHYPE

$54.7770

-0.50%
Solana
SolanaSOL

$77.1600

+1.02%
Zcash
ZcashZEC

$514.260

+1.27%
Filecoin
FilecoinFIL

$0.7097

-1.22%

Recently added

View more
STONK
STONKSTONK

$0.005971

-13.29%
Coherent
CoherentCOHRB

$393.070

+3.43%
BitMine Immersion Technologies
BitMine Immersion TechnologiesBMNRB

$19.1300

+0.63%
Astera Labs
Astera LabsALABB

$343.300

+1.99%
Credo Technology
Credo TechnologyCRDOB

$254.680

+1.81%

Learn

View more
  1. 1What Are ARC-20 Tokens? How Do ARC-20 Tokens Work?
  2. 2What Is the Usual Protocol? How Does Its Tokenomics Work?
  3. 3What Are AI Agent Frameworks? How Do They Power Cryptocurrency?
  4. 4What Is JPYSC? How Japan’s Regulated Stablecoin Works
  5. 5Are AI Agents Safe for Crypto? How to Secure Your Assets
About Us
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
English
About Us
+
  • About BitKan
  • Contact Us
  • Announcements
  • VIP Program
  • BitKan Ambassador
  • Institutional Services
Products
+
  • Spot
  • Futures
  • Crypto Prices
  • Learn
  • News
  • Markets
  • How to Buy Crypto
  • BTC to USD Calculator
  • Reward
Help
+
  • Help Center
  • Email Us
  • Live Chat
  • Download APP
  • Listing Application
  • Buy Bitcoin
  • Buy Ethereum
  • Buy Dogecoin
  • Buy Altcoins
Terms
+
  • Terms of Use
  • Privacy Policy
  • Trading Rules
  • Fee
K-Site
+
  • Twitter
  • Facebook
  • Telegram
  • YouTube
  • Instagram
  • Medium
  • Linkedin
@2012-2026 BITKAN.com