Financial Stability Board
3 stories
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techAnthropic to Brief Global Watchdog on AI Cyber Flaws
AI firm Anthropic will brief the Financial Stability Board on cyber vulnerabilities found by its Mythos model, following a request by Bank of England Governor Andrew Bailey.
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cryptoBank of England's Bailey Warns US Stablecoins Could Destabilize UK in Crisis
BoE Governor Andrew Bailey cautions that US-issued stablecoins with weak redemption guarantees could flood the UK during financial turmoil, posing systemic risks.
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financeGlobal Stablecoin Standards Lagging, Warns Bank of England Governor
Bank of England Governor Andrew Bailey expresses concern over the slowdown in establishing international standards for stablecoins, highlighting risks to financial stability.