Chief Justice of Pakistan Yahya Afridi on Monday said the Supreme Court had plans to use artificial intelligence to categorise cases for fixation but the judiciary was “not ready” for the technology yet. He was addressing a judicial conference at the apex court, marking the commencement of the new judicial year. “We all talk about technology, we all talk about AI to be utilised for enhancing the justice delivery system,” Justice Afridi said, adding that 61,000 files will be digitally screened under a project that will be completed within six months. “It is only when you have them digitally scanned that you can utilise the tools of AI for categorisation. It will be easy to categorise cases and to fix before one bench one issue,” he said. The chief justice emphasised, “Yes, technology is necessary. Yes, AI has to be utilised. But no, not now. We are not ready for it. We have to prepare ourselves for that.” Justices Mansoor Ali Shah, Munib Akhtar, Aminuddin Khan, Jamal Khan Mandokhail, Muhammad Ali Mazhar, Ayesh...
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The SEC’s proposed generic listing standards could streamline crypto ETF approvals from 240 days to just 60-75 days, opening doors for altcoin funds. Opinion by: Margaret Rosenfeld, chief legal officer of Everstake For years, the approval of crypto exchange-traded funds (ETFs) has been one of the most contested battles in financial regulation. The first applications for a Bitcoin (BTC) ETF date back more than a decade. Only in early 2024, after repeated denials and a court battle that forced the US Securities and Exchange Commission to reconsider, did spot Bitcoin ETFs finally gain SEC approval in the United States. The long road to that point underscored the regulatory caution, political scrutiny and structural complexity surrounding digital asset markets. Read more