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Derivatives traders are already piling in, though, betting the Securities and Exchange Commission will give the green light to several ETF hopefuls this week and electrify the market.
The Financial Stability Oversight Council, which comprises top financial regulators and is chaired by Treasury Secretary Janet Yellen, flagged the risks posed by AI for the first time in its annual financial stability report.
Celsius declined to comment on Tuesday. The SEC did not immediately respond to a request for comment.
U.S. regulators investigate General Motors' Cruise, which owns driverless cars, after several reported incidents involving pedestrians, officials say.
AI Roundup: Japan to draft AI guidelines to address overreliance, SEC Chair Gensler warns of AI risks to financial stability, and much more today.