TECHNOLOGY

Authored by Andrew Moran via The Epoch Times,

The creation of a central bank digital currency (CBDC) presents "significant risks" for the financial system and consumer privacy, says Federal Reserve Governor Michelle Bowman.

Appearing at a Harvard Law School Program on International Financial Systems roundtable on Oct. 17, Ms. Bowman conceded that the benefits of a digital dollar are uncertain and that there could be "unintended consequences" for the banking (more…)

A Democratic lawmaker in New York City has submitted a bill to the New York State Assembly requiring anyone to undergo a criminal history background check with the government before purchasing a 3D printer.

Sponsored by Democratic Assemblymember Jenifer Rajkumar, representing Queens neighborhoods of Glendale, Ozone Park, Richmond Hill, Ridgewood, and Woodhaven, bill A8132 would expand background checks for any "three-dimensional printer sold in this state, which is capable of printing (more…)

US Securities and Exchange Commission (SEC) boss Gary Gensler says a financial crisis brought on by artificial intelligence (AI) will be "nearly unavoidable" without swift and meaningful action by (more…)