FSB and BIS Warn Financial Authorities About Potential Risks of AI
Financial authorities should monitor the effects of the use of artificial intelligence, the Financial Stability Board and the Bank for International Settlements said in separate reports released Frida...
Why Kalshi’s $5B valuation puts Polymarket on notice
A high-stakes capital race has redefined the prediction market. Kalshi’s $300 million raise at a $5 billion valuation positioned it as the most valuable CFTC-regulated event-contract exchange in his...
This Week in Stablecoins: The Great Infrastructure Grab
Stablecoins have for much of their history existed in the margins of global finance. Considered useful, intriguing but not quite essential, they were the lubricant for crypto markets, not the engine f...