Rights Groups Sound Alarm on AI Provision in Crypto Regulation Bill

A contentious provision in the Clarity Act (H.R. 3633) has sparked concern among civil rights groups, who fear it could erode protections against discrimination.

The provision requires financial regulators to establish an 'AI Innovation Lab' within each of their agencies.

This move is seen as a hurdle for lawmakers seeking enough Democratic support to advance the legislation.

The organizations that have spoken out include those historically aligned with Democrats on civil rights and consumer protection issues.