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EU watchdog urges banks to prioritize clients in AI usage

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The EU’s top financial regulator, ESMA, mandates that banks and investment firms ensure AI tools prioritize client interests, reinforcing accountability under MiFID.

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Coin Market

UK Lords warn BoE could regulate pound stablecoins into irrelevance

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A UK House of Lords committee warned that strict stablecoin rules could make pound sterling tokens commercially unworkable despite supporting regulation.

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Coin Market

SEC makes digital assets strategic priority through 2030

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The regulator’s five-year roadmap calls for clearer crypto rules, support for tokenization and a framework for staking and onchain markets.

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US lawmakers push back on Labor Department plans to include crypto in 401(k)s

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The three members of Congress said the volatility of digital assets and “lack of regulation and safeguards” could put Americans’ retirement savings at risk.

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