Representative Young Kim has introduced legislation allowing financial institutions more time to investigate suspicious checks and wire transfers, aiming to curb rising...
U.S. bank regulators are prioritizing stablecoin rules and AI risk management, shifting focus from experimental tech to supervisory mandates. Officials warn of...
The New York Assembly is considering a bill to restrict investor lawsuits on sovereign debt, potentially impacting hundreds of billions globally. The...
The CLARITY Act (H.R.3633) has been placed on the Senate Legislative Calendar, nearing a full vote. With a July recess approaching, Senate...
Billions of euros lie untouched in Germany's 'forgotten accounts,' prompting a contentious debate over ownership and the lack of a central registry.
As banks embrace agentic AI, shifting from assistive automation to autonomous task execution, the critical question of accountability for machine-driven decisions takes...
Wisconsin has sued Kalshi, Robinhood, Coinbase, Polymarket, and Crypto.com, alleging they operate illegal sports betting disguised as event contracts. The platforms claim...
Non-U.S. finance leaders express concern over unequal access to Anthropic's Mythos AI model information, urging broader international sharing for financial stability.
Treasury Secretary Scott Bessent and Fed Chair Jerome Powell called an urgent meeting with Wall Street leaders to discuss cyber risks from...