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SEC to Hold Meeting on AI Impact in the Financial Sector

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by Giorgi Kostiuk

2 days ago


On Thursday, March 27, the U.S. Securities and Exchange Commission (SEC) will meet with artificial intelligence representatives. The event will focus on discussing the risks, benefits, and management of AI technologies in the financial sector.

Main Participants and Agenda

The meeting, open to both online and in-person attendance, will feature prominent Wall Street firms like BlackRock, JP Morgan, Citadel, and Vanguard. SEC Deputy Chairman Mark Uyeda and Commissioners Hester Peirce and Caroline Crenshaw are expected to deliver speeches. The primary discussion topic is the impact of AI on the financial sector.

Impact on the Cryptocurrency Sector

Given the recent interest from Wall Street firms in cryptocurrencies, discussions are likely to address the intersection of AI and digital assets, highlighting potential implications for the crypto market.

Potential Consequences for AI Tokens

The results of the meeting may affect several AI-themed tokens with the largest market caps, such as NEAR Protocol, Internet Computer, and others. While this is not investment advice, market observers will be watching for changes prompted by the SEC's discussions.

The outcome of the SEC meeting could have significant implications for the development of AI technologies in both the financial and cryptocurrency industries.

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