Crypto Biz: Wall Street wants more than just Bitcoin
Institutional capital is returning to crypto as Bitcoin ETFs surge, prediction markets mature and banks accelerate tokenized finance adoption.
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Australia’s financial regulator has warned financial firms that AI agent governance and assurance practices are poorly governed. The warning comes as banks and superannuation trustees expand AI in internal and customer-facing operations. The Australian Prudential Regulation Authority said it conducted a targeted review of selected large regulated entities in late 2025 to assess AI adoption […] The post AI agent governance takes focus as regulators flag control gaps appeared first on AI News.
Read full articleInstitutional capital is returning to crypto as Bitcoin ETFs surge, prediction markets mature and banks accelerate tokenized finance adoption.
Once again, digital tools are running ahead of regulators. Civil liberties must not be sacrificed to policing It is a familiar story. Extravagant claims are made on behalf of novel computerised tools. The public are told that this or that digital application or system is going to change the world for the better. Efficiencies will be unlocked and problems solved as human limitations are overcome by networked devices plugged into vast stores of data. Anyone who questions the narrative is a pessimist or, perhaps, a criminal. This appears to be the logic behind arguments put forward on behalf of one such tool – live facial recognition technology. Law-abiding citizens have “nothing to fear” from the police’s increased reliance on mounted cameras, said the Home Office minister, Sarah Jones, last month, after a high court challenge brought on human rights and privacy grounds failed. The use of AI-powered identification software, made by the Japanese company NEC, “only locates specifically wa
Anthropic is expanding Claude into financial services with AI agents for banks, insurers, asset managers, and fintech teams.
Anthropic’s latest set of Claude AI agents are built for banks, investment managers, and insurers.
Microsoft and Google are adding new controls for AI agents, as enterprise IT teams try to keep up with tools that can access corporate data and act across business applications. Microsoft’s Agent 365, made generally available for commercial customers on May 1, is designed to help organizations discover, govern, and secure AI agents, including those operating across Microsoft, third-party SaaS, cloud, and local environments. Google’s new AI control center for Workspace, announced this week, focuses more specifically on giving administrators a centralized view of AI usage, security settings, data protection controls, and privacy safeguards within Workspace. The timing reflects a shift in enterprise AI use. Many companies are no longer just testing chatbots, but are beginning to use agents that can reach corporate systems and carry out tasks on behalf of users. Analysts said the shift changes how CIOs and CISOs should think about AI agents inside the enterprise. “By placing agent controls
Global lenders explore private deals and risk transfers to cut exposure to AI boom
Link lets users connect cards, banks, and subscriptions, then authorize AI agents to spend securely via approval flows.
Regulators had reviewed whether deal violated Beijing’s investment rules