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latest news
Massachusetts AG releases AI advisory for enterprises amid soaring adoption rates
Massachusetts AG's advisory took swipes at the “false advertising” in AI and warned that AI firms engaged in deceptive marketing could face dire sanctions under the state’s consumer protection rules.
Banking giants take part in UK Finance’s Regulated Liability Network experimentation
UK Finance's RLN experimentation will focus on three primary aspects: reducing fraud in online marketplaces, improving customer transparency, and establishing a digital bond settlement.
New US stablecoin bill doesn’t mention Tether, but it didn’t have to
The Gillibrand-Lummis bill intends to distinguish Tether and Circle as lawmakers look to allow state non-depository trust companies to issue stablecoins with market caps below $10 billion.
HSBC CEO backs tokenization, shuns ‘crypto’
CEO Noel Quinn says he’s “very comfortable with tokenization” and pledged to keep expanding HSBC’s offerings, which include tokenized gold for retail customers.