FameEX Morning Crypto News Recap | April 14, 2023

Calls for Transparency Needed to Lift ChatGPT Ban in Italy, Says Data Watchdog
https://www.fameex.com/en-AU/news/crypto-trending-news-2023041401
OpenAI's ChatGPT chatbot service in Italy is facing stringent guidelines set by the country's regulatory agency. These guidelines mandate increased transparency and age verification measures to ensure the protection of user privacy before the imposed restrictions can be lifted.

Universal Music Group Commands Streaming Services to Prohibit Music Generated by AI
https://www.fameex.com/en-AU/news/crypto-trending-news-2023041402
Universal Music Group has requested music streaming services such as Spotify and Apple Music to prevent the availability of AI-generated music to protect the intellectual property rights of artists. This action is taken in response to the increasing use of AI-generated content, which has surged with the introduction of OpenAI's newest AI chatbot, ChatGPT-4. However, the music industry is worried about the possibility of AI-generated music infringing upon the intellectual property rights of artists.

UK Establishes Bitcoin Policy Organization to Drive BTC Awareness and Acceptance
Bitcoin Policy UK (BPUK), a recently established organization, intends to unite policymakers, environmentalists, tax specialists, Bitcoin experts, and miners to explore the potential benefits of Bitcoin for UK households, businesses, and communities. The organization is focused on unlocking the full potential of Bitcoin and driving its adoption in the country through education and collaboration among stakeholders.

Chinese TikTok Users Flock to Bitcoin with Surging Popularity
Douyin, the Chinese version of Tiktok, has recently begun sharing cryptocurrency price quotes, including popular digital currencies like Bitcoin, Ethereum, Dogecoin, and Ripple. This development has led to speculation among Chinese media and users regarding the possible changes in the government's cryptocurrency regulations. The growing popularity of cryptocurrencies in China has become apparent, which may potentially influence the country's regulatory landscape on digital assets.

Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.