As artificial intelligence (AI) continues to reshape economies, societies, and governance, the importance of regulating AI has become an undeniable necessity. The world is divided into two perspectives: one that focuses on caution, aiming to mitigate risks and prioritize user safety, and another that embraces a more open approach, striving to leverage and maximize the potential of artificial intelligence as an undeniable part of modern life. The session offers a comprehensive exploration of how legislation can address sensitive issues and tackle emerging challenges such as algorithmic bias, privacy, transparency, and accountability. Panelists will delve into practical experiences and methodologies for regulating artificial intelligence, highlighting the importance of fostering an enabling legislative environment that encourages governments and businesses to explore and invest in AI technologies.