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It summarises participants’ responses to the October 2022 AI discussion paper ( DP5/22 , the “Discussion Paper”), which outlined the UK Financial Authorities’ proposed approach to AI regulation. There is strong appetite for any future regulations to align with existing domestic and international laws and regulations.
And prescribes enhanced ongoing due-diligence measures for them. So, issuers of crypto-assets must publish a white-paper to make these disclosures. Which indicates that RBI may view these processes as standalone full-KYC processes.
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