Financial sector supervisors and standard setters are ramping up the call for regulated firms to ensure accountability when using artificial intelligence (AI) — building on a trend we highlighted in our last fortnightly update.
Regulatory agencies in the United States are pushing ahead with efforts to bring clarity and confidence to cryptoasset markets following Congress’s failure to progress the CLARITY Act.
Germany’s largest bank, Deutsche Bank, is awaiting regulatory approval to launch digital asset custody solutions for institutional clients and corporations in Europe.
Paul Atkins, chair of the U.S. Securities and Exchange Commission, said he will move to ensure greater regulatory clarity for digital assets regardless of whether the Clarity Act is passed.
