In brief CFTC Chairman Michael Selig told CNBC the $6.4 billion Binance hack “proves our exact point” for the crypto-market rules the agency proposed this month. Selig characterized the attack as a laptop-introduced vulnerability …
Tag:
Oversight
- Bitcoin & Ethereum
UK Parliamentary Panel Flags AI Oversight Gaps Could Expose Financial System to Harm
by adminby adminIn brief The UK’s Treasury Committee warned regulators are leaning too heavily on existing rules as AI use accelerates across financial services. It urged clearer guidance on consumer protection and executive accountability by the …