Banking System
2 stories
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cryptoAI Threat Prompts Urgent Talks: Bessent, Powell Convene Bank CEOs
US regulators convene top bank CEOs to address cybersecurity risks posed by advanced AI models like Mythos, fearing systemic impacts on the financial system.
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financeArthur Hayes: AI Could Trigger Massive Credit Shock
BitMEX founder Arthur Hayes warns of an impending credit crisis fueled by AI-driven job displacement, potentially impacting trillions in consumer debt.