Search Result for 'financial systems'

SEC Chair Gary Gensler used pop culture examples like the movie Her to illustrate potential risks of underregulated AI systems in finance. Gensler referenced older sci-fi movies about ...

Arthur Hayes argues that point systems may be better than ICOs and yield farming for crypto projects to raise funds and engage users, as they allow guerilla marketing ...

The SEC faces a deadline today to approve or reject several pending spot Bitcoin ETF applications after over 10 years of waiting for such products. Yesterday, SEC's Twitter ...

Bitcoin remains steady, consistently hovering over the $26,000 mark recently. Data suggests minimal resistance against Bitcoin's growth with potential upward momentum. Bitcoin's resilience tested in the face of ...

Anatoly Aksakov predicts a decline in the importance of traditional banks with the rise of central bank digital currencies. Testing of Russia's digital ruble started in August 2023, ...

China's central bank official, Changchun Mu, urges local payment apps to align with the advancements in the digital yuan, pushing for integration into regular consumer transactions. Unlike the ...

Cryptocurrencies offer both opportunities and risks for emerging economies, with the BIS study indicating they have "amplified financial risks" in these regions. Authorities face a dilemma between imposing ...

Custodia Bank, a tech-forward institution, has launched services that bridge digital assets with the U.S. dollar payment system. Despite initial regulatory challenges, including a denial from the Federal ...

The cyber heist targeted flaws in specific versions of the Vyper programming language, integral to Ethereum-based contracts. This weakness allowed millions in cryptocurrency to be stolen and challenged ...

Australia's financial watchdog ends FTX Australia's run by rescinding its license, effective July 19. FTX Australia, despite its poor fiscal condition, is mandated to fulfill certain financial commitments, ...