EU AI Act Article 24: Compliance Duty Dem for High-Risk AI Distributors
EU AI Act Article 24 dey set compliance duties for distributors wey dey handle high-risk AI systems for whole EU. Distributors gats verify CE marking and declarations of conformity before them push am for market, hold or report any suspected non-conformities, and make sure say the system no spoil during storage and transport. After market entry, dem suppose start corrective actions—make product meet standard, recall or withdraw any system wey no compliant—and notify providers and authorities if any risk show. Article 24 also make distributors provide documentation if dem ask and work with regulators to reduce risk. By make distributors gatekeepers for AI supply chain, EU AI Act Article 24 reinforce a risk-based system wey dey focus on prevention, correction, and transparency. Crypto traders wey dey use or distribute AI-based trading tools suppose check if their partners dey comply with Article 24 to fit continue dey access market and follow laws.
Neutral
EU AI Act Article 24 dey focus on distributor compliance, no di market structure or any specific crypto asset, so e no get direct impact well well on cryptocurrency trading. Di rule wey dem get for pre-market verification, ongoing monitoring, and post-market corrective actions dey boost trust for AI tools wey dem dey use for trading, but e no dey put new restriction for tokens or exchanges. Before like GDPR for data, clarity dey improve how operations fit stand gidigba without cause big price waka. Crypto companies wey put AI-driven analytics or bots go enjoy clear compliance standards but dem no go see immediate increase or decrease for price. For long term, transparent AI governance fit help market calm down steady but e still separate from core crypto market drivers.