Reports mentioning Financial Conduct Authority
Blockchain.com has been granted a Virtual Asset Service Provider (VASP) custody license by the Cayman Islands Monetary Authority (CIMA), marking a significant expansion of its regulated operations in the region.
The Financial Conduct Authority (FCA) has issued a warning about a potential major shakeup within the financial sector, driven by the convergence of agentic artificial intelligence (AI) and tokenized money.
Central bankers and financial regulators are increasingly voicing concerns about the potential systemic risks that agentic artificial intelligence (AI) could introduce into global financial markets. These advanced AI systems, capable of autonomous decision-making and action, could amplify existing vulnerabilities…