China plans investigation into AI applications for financial oversight
Photo: Crypto Briefing
Beijing is preparing to scrutinize how artificial intelligence is used to supervise finance, building on a year of new AI rules for banks and insurers China plans to investigate how artificial intelligence is being applied to financial oversight. The algorithms that increasingly help run the financial system are about to get a performance review of their own. The move matters because it comes on top of a stack of AI rules Beijing has rolled out this year. Regulators wrote the playbook first. Now they appear ready to check whether anyone is following it.
Source: Crypto Briefing
