Bank of England and MAS Set AI Rules for Finance as CFTC Opens Crypto Rulemaking
- —Bank of England calls for AI model testing before and after deployment
- —MAS finalizes AI guidelines for finance, effective October 2027
- —CFTC opens a new rulemaking process for cryptocurrency regulation
- —FinCEN withdraws proposals on unhosted wallets and mixers
Why it matters: FinCEN's withdrawal eases pressure on self-custody wallets, while the CFTC's rulemaking will shape US crypto market rules.
Source: Coinfomania
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