CoinDesk: Central Banks Aren’t Sufficiently Ready for CBDC Risks: BIS Report
There is a lot of nervousness and uncertainty about CBDC’s.
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Regulation
ITPro: European AI startups risk being “regulated out of existence” under EU AI act
Over regulation is always a danger.
Best Execution: DORA will drive ‘significant change’ in sell-side third party risk management, survey finds
DORA set to have a big impact in the Operational Resilience area.
ABA Banking Journal: Banking regulators preview 2024 supervisory priorities
A good overview of where the US regulators minds are at the moment.
Yahoo: JPMorgan is Discussing its Generative AI Projects with Regulators
This is a key step on Generative AI projects.
Finextra: What is the EU AI Act? Understanding Europe’s first regulation on artificial intelligence
Expected to be the first of many regulations in AI.
Finextra: UK rule makers set out roadmap for regulating stablecoins
Stablecoins gaining regulatory scrutiny – but how popular would they be?
The Guardian: FCA acts against PayPal and QVC as more Britons turn to buy now, pay later
BNPL getting a lot more focus from the regulators now.
The White House: FACT SHEET: President Biden Issues Executive Order on Safe, Secure, and Trustworthy Artificial Intelligence
AI regulation and oversight coming in thick and fast now!