Techub News message: The Governor of the Bank of England, Andrew Bailey, warned that the financial sector needs stronger AI regulation to prevent cyber threats that could destabilize the global financial system and erode trust. He stressed that weakening AI regulation would bring risks. Bailey’s remarks were made amid the growing reliance of the financial industry on AI technologies for decision-making and operations, and they are intended to urge policymakers to pay attention to the potential security challenges posed by the use of AI in finance. (Crypto Briefing)
