Golden Finance reported that Forbes reporter Eleanor Terrett said in X that New York Senator Chuck Schumer disclosed his goal for encryption regulation. He hopes to follow the example of AI regulation and get some encryption bills passed by the Senate and become law by the end of the year. Chuck Schumer said: "My goal is to get some bills passed by the Senate and become law by the end of this year, and I believe we can achieve this goal. I think we should strike a balance between promoting innovation and providing common sense guardrails for encryption. This is similar to the approach we take with another innovative technology, artificial intelligence. When it comes to artificial intelligence or encryption, we also need to provide some guardrails to keep users of this technology safe, maintain our national security, and ensure that this technology is not abused by criminal organizations or other evil actors at the expense of the public interest. Only Congress has the ability to provide this balanced regulation."
