New Zealand Central Bank Warns of AI Risks The Reserve Bank of New Zealand has recently raised concerns regarding the potential risks associated with the increasing reliance on a handful of artificial intelligence (AI) providers. According to the bank, this growing dependence on a limited number of AI companies could exacerbate financial contagion risks and […]
Bank of Italy warns about crypto risks and US policy influence
Italian Banks Quietly Entering the Crypto Space Despite Bank of Italy’s Warnings and US Policy Influence The Bank of Italy recently issued a stern warning about the risks associated with cryptocurrencies, highlighting concerns about their volatility and lack of regulation. This caution comes at a time when digital assets are gaining increasing attention from institutional […]
ECB Raises Alarm on Potential AI Stock Bubble
The European Central Bank (ECB) has issued a stark warning regarding the risk of a bubble in artificial intelligence (AI)-related stocks. In its latest Financial Stability Review, the ECB pointed out that a concentration of investor excitement and inflated expectations could spell significant instability for global markets, particularly in the United States. This concern arises […]