The U.S. Office of Management and Budget (OMB) has released two directives outlining policies and deadlines for deploying AI tools aimed at improving public services. These directives serve as a
The U.S. Department of Housing and Urban Development (HUD) is reportedly exploring the use of blockchain technology and stablecoins in some of its operations. According to ProPublica, which cited a
Senator Cynthia Lummis has threatened criminal referrals for FDIC employees accused of destroying records related to "Operation Choke Point 2.0." Whistleblowers at the Federal Deposit Insurance Corporation in the United
Circle, the issuer of the USDC stablecoin, has donated $1 million in USDC to President-elect Donald Trump's inaugural committee. This contribution underscores the growing integration of digital currencies into mainstream
Elon Musk, the tech mogul known for his outspoken nature, has recently taken aim at the Internal Revenue Service (IRS). In a series of tweets, Musk criticized the IRS for
Andrew Left, the outspoken founder of short-selling firm Citron Research, is facing serious legal trouble. The U.S. Securities and Exchange Commission (SEC) has charged him with securities fraud, alleging he
Microsoft, Google, and Nvidia have raised concerns about the potential risks of artificial intelligence (AI) in filings with the Securities and Exchange Commission (SEC). These filings, known as "risk factor
The Defense Advanced Research Projects Agency (DARPA), a leading U.S. government research body, has released findings that cast doubt on the ease of integrating quantum computing into the financial sector.
The U.S. Treasury Department has issued a warning regarding artificial intelligence (AI) in the financial sector. While acknowledging its vast potential for increased efficiency and access to financial products, Treasury
The Biden administration has established a new Artificial Intelligence Safety and Security Board, sparking debate over its composition. While the board features prominent figures from the tech industry like OpenAI's