Fidelity Digital Assets' May 2026 report "6 Key Trends Shaping Digital Assets in 2026" finds that Bitcoin miners are pivoting to AI data centers, causing Bitcoin's average 30-day hash rate to decline …
The EU AI Act, adopted in 2024, introduces risk-tiered regulation with fines up to €35 million or 7% of global turnover for non-compliance, while NIST's AI RMF provides a voluntary but influential fra…
ThirdLine, an open-source AI auditing system, achieved 100% recall and an F1 score of 0.909 on a deterministic evaluator when auditing synthetic banking agents, but precision fell to 38.5% and F1 to 0…
The OCC conditionally approved Upstart Bank, N.A. on July 23, just four months after the AI lender applied, in the same week the agency rejected Wise's charter bid over compliance failures. The charte…
Circle received final approval from the Office of the Comptroller of the Currency to establish a national trust bank, Circle National Trust, bringing its USDC stablecoin under federal oversight and po…
A July 5, 2026 arXiv paper proposes a Generative AI Control Framework to help financial institutions align generative AI governance with the Federal Reserve's SR 26-2, which modernizes model risk mana…
A Pennsylvania bank employee used an unauthorized AI tool to process customer data, including names, Social Security numbers, and dates of birth, triggering the first material SEC cybersecurity disclo…
The CFPB eliminated disparate impact liability from Regulation B on April 22, but AI credit scoring teams still face fair lending risk under the Fair Housing Act, state laws, and other regimes. The ru…
The GENIUS Act, enacted July 18, 2025, established the first comprehensive federal framework for stablecoin issuance in the US, with follow-up proposals from the OCC and NY DFS clarifying reserve and …
OpenAI published its Frontier Governance Framework on May 28, aligning with California's Transparency in Frontier AI Act and the EU AI Act Code of Practice. The framework outlines safety practices for…
FinCEN's proposed AML rule implicitly rewards AI adoption, but banks rushing to deploy AI for compliance credit lack model governance frameworks, creating examination exposure as OCC examiners already…