A new report warns that financial regulators are moving slower than banks in adopting AI, leaving them without the data needed to track emerging AI risks. The challenge is amplified by powerful models such as Anthropic’s Mythos, whose capabilities are difficult to supervise without regulators using similar tools. The gap could weaken oversight across the financial sector.
US senators have unveiled long-awaited draft legislation to build a regulatory framework for cryptocurrencies. If enacted, it would clarify which financial regulators oversee the fast-growing sector—an issue that has fueled uncertainty. Supporters say clearer jurisdiction could reduce friction for businesses and investors, potentially accelerating mainstream digital asset adoption.
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