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Financial Markets’ Reliance on AI Could Lead to Global Crisis
By Diego Valverde - Wed, 07/23/2025 - 10:30
Investment concentration on AI models could trigger a massive financial crisis due to systemic, opaque, and unregulated tech dependence, warns SEC.
https://mexicobusiness.news/tag/gary-gensler
More Tech
Trump’s Return Could Bring Deregulation, Impact Big Tech’s Future
By Diego Valverde - Tue, 01/21/2025 - 15:40
Donald Trump's return to the White House could bring deregulation and stronger ties with Silicon Valley’s Big Tech, also boosting AI and crypto.
Bitcoin Hits US$100,000 on Optimism Over Trump’s Crypto Policies
By MBN Staff - Thu, 12/05/2024 - 15:52
Bitcoin surpassed US$100,000, fueled by optimism around Trump’s appointments, expected to support cryptocurrency-friendly policies.
Wall Street Moves to Faster Settlements for Risk Reduction
By Mariana Allende - Tue, 05/28/2024 - 12:33
Wall Street, alongside Mexico and Canada, is transitioning to a faster settlement cycle to reduce risk and improve efficiency in the financial system
AFORES Cautious on Bitcoin ETFs, Awaiting Security Assurance
By Mariana Allende - Fri, 02/02/2024 - 12:31
Following the regulatory approval of Bitcoin ETFs, Mexican AFORES say they will not jeopardize their clients’ assets in a volatile market.
Bitcoin ETFs Gain Traction After Approval
By Perla Velasco - Wed, 01/31/2024 - 09:33
Bitcoin exchange-traded funds (ETFs) were cleared to begin trading in January 2024, after receiving regulatory approval from the SEC.