Financial Regulators
Coverage of Financial Regulators in the Nexus archive.
- Senate Republicans push finance watchdogs to clarify crypto capital rules
Senator Cynthia Lummis has led a group of lawmakers urging financial regulators to provide 'fair capital treatment for on-balance sheet treatment of digital assets.' The effort is part of a push by Senate Republicans to clarify crypto capital rules.
- Human API CEO warns AI bot collusion could trigger “machine-speed” market crashes before regulators can react
The CEO of Human API has warned that artificial intelligence bots could potentially collude with each other to cause market crashes at speeds faster than regulatory bodies can respond. The concern highlights risks of AI-driven financial systems operating without adequate safeguards or oversight mechanisms in place.
- Trump orders review of fintech firms' access to Fed payment services
Trump has ordered a review of fintech firms' access to Federal Reserve payment services. Financial regulators will also review regulations to potentially streamline applications for eligible fintech firms. The goal is to facilitate access to bank and credit union charters for these firms.