ChainCatcher news, according to Bitcoin.com News, the EU launched its artificial intelligence regulatory work on February 2, focusing on the definition of AI systems, promoting AI literacy, and banning high-risk AI practices.Institutions like the European Artificial Intelligence Board welcomed the EU AI Act, but some civil society groups believe the legislation fails to adequately protect human rights.Innovation supporters are concerned that these regulations may stifle growth, particularly for the development of small and medium-sized enterprises and startups. HAL8 Chief Technology Officer Vladimir Lelicanin emphasized the need to establish regulatory sandboxes to help businesses comply without hindering innovation.