White House officials stated they haven't received names from Senate Democrats for SEC and CFTC commissioner posts, despite requests. This comes amid concerns over understaffed financial regulators and pending crypto market structure legislation.
The CFTC appointed Donald Battle, an expert in blockchain forensics and AI, as its new Chief Data Innovation Officer. This move signals a stronger regulatory focus on crypto and digital assets, coinciding with congressional efforts to reform digital asset market structures.
The CFTC appointed Donald Battle, an expert in blockchain forensics and AI, as its new Chief Data Innovation Officer. This move signals a stronger regulatory focus on crypto and digital assets, coinciding with congressional efforts to reform digital asset market structure.
US President Donald Trump signs executive order to review barriers to fintech innovation and access to banking partnerships and payment rails.
Anthropic is restricting its new Mythos AI model to select tech and banking partners after determining it poses unprecedented cybersecurity risks. The company is in discussions with the US government, while Treasury Secretary Scott Bessent convened senior bankers last week to discuss using the model for vulnerability detection. The UK government AI Security Institute also warned Mythos represents a step up in cyber threat level.
