Government Report Raises Alarm Over AI’s Potential Threat To Financial Stability
In a revelation, the Financial Stability Oversight Council (FSOC) has, for the first time, identified artificial intelligence (AI) as a potential risk to.
Crypto News
News
Blockchain News
CBDCs – The Ultimate Tool for the Global Economy or a Significant Danger to Financial Stability
At present, a staggering 130 nations, collectively representing 98% of the global economy, have delved into exploring CBDCs (central bank digital currencies). The.
Blockchain News
Digital Euro Proposal Set for Debate as EU Advances AI Restrictions Legislation
Lawmakers in the European Union (EU) are making progress in the development of regulations concerning two important topics: the “digital euro” and artificial.
Blockchain News
The European Union Unveils Plans for Digital Euro as Global Interest in Central Bank Digital Currencies Grows
In a significant development, the European Union (EU) is preparing to introduce a digital euro, as reported by Bloomberg News. The proposed digital.
Crypto News
European Systemic Risk Board Calls for Tighter Regulation in Cryptocurrency Space
The European Systemic Risk Board (ESRB), responsible for overseeing finances and regulation within the European Central Bank, has emphasized increased regulation in the.
Crypto News
US Lawmakers Target Perceived Risks of Crypto Adoption in El Salvador with Reintroduced Bill
Two United States Senators from opposing political parties have reintroduced legislation to reduce the risks connected with El Salvador’s adoption of Bitcoin as.
Events
FinTechs and banks unite for innovation at DIFC’s Dubai FinTech Summit Dialogues
DIFC-led dialogue hosts ten heads of banks and FinTechs for discussion on current financial stability and outlook Dubai, United Arab Emirates, 11 April.
Crypto News
Is It Time to Get Rid of the United States Federal Reserve?
The Federal Reserve (Fed) was established in 1913 as a central banking authority to manage the US economy and prevent financial catastrophes. It.
Crypto News
KuCoin Executive Hits Back Against ‘Cheap Rumors’ After FTX Collapse
KuCoin Executive Hits Back Against ‘Cheap Rumors’ After FTX Collapse These rumors have fueled a frenzy of fear, uncertainty, and doubt (FUD) throughout.
Crypto News
‘Operation Choke Point 2.0’ May Have Contributed to SVB’s Collapse: Mulvaney
According to Donald Trump’s former acting White House chief of staff, Mick Mulvaney, if the US government truly implements “Operation Choke Point 2.0,”.