Search Results for keywords:"Regulatory Framework"

The National Highway Traffic Safety Administration (NHTSA), part of the Department of Transportation, announced an extension of the comment period for a proposed rule about the safety of Automated Driving Systems (ADS). Originally ending on February 1, 2021, the new deadline for public comments is April 1, 2021. This extension was granted in response to a request from Venable LLC on behalf of various organizations, which needed more time to analyze and discuss the technical and policy questions raised by the proposal. The purpose is to gather detailed input to help shape the safety framework for these driving systems.

The Executive Order 14178 aims to enhance U.S. leadership in digital financial technology by promoting the growth of digital assets and blockchain technology. It supports the development of stablecoins while preventing the introduction of Central Bank Digital Currencies (CBDCs) in the U.S. The order revokes previous guidelines on digital assets and establishes a President's Working Group to create a new regulatory framework for the sector. It ensures people's ability to use digital networks freely and emphasizes protection against private monetary alternatives to the U.S. dollar.

The Environmental Protection Agency (EPA) has finalized a rule under the Federal Clean Water Act to amend the California Toxics Rule by establishing a revised selenium water quality criterion for certain freshwater bodies in California. This new criterion aims to protect aquatic life and wildlife that depend on these aquatic ecosystems from high selenium levels, which can be toxic. The EPA incorporated public feedback and scientific evidence into the rule, and it includes measures to account for site-specific conditions. The rule will take effect on January 16, 2025, unless California develops its own compliant standards.