BIS Proposal to Reform Financial Stability Board, Loosen Regulation

By: theblockbeats.news|2025/12/11 14:45:55
Share
copy

BlockBeats News, December 11th, U.S. Treasury Secretary Benson is proposing a major adjustment to the government's approach to financial regulation and stability. Benson will suggest changing the work policy of the Financial Stability Oversight Council (FSOC) to promote a more relaxed regulatory environment and a freer approach.

Benson will write in a letter on Thursday: "The Council will collaborate with its member agencies and support their assessment of whether certain aspects of the financial regulatory framework impose an excessive burden and have a negative impact on economic growth, thereby undermining financial stability."

Established in 2008 after the financial crisis, the FSOC aims to monitor and address systemic risks, with Benson serving as the chair of the committee. This plan marks a shift in the committee's long-standing focus on strengthening regulation. Benson will also establish a working group to "explore the opportunities of AI in enhancing the resilience of the financial system, while monitoring the potential risks that AI applications may pose to financial stability". (Golden Finance)

You may also like

Palmer Luckey’s Erebor Reaches $4.3B Valuation as Bank Charter Progresses

Key Takeaways: Erebor, a digital bank co-founded by Palmer Luckey, has raised $350 million, bringing its valuation to…

Kalshi First Research Report: When Predicting CPI, Crowd Wisdom Beats Wall Street Analysts

Kalshi’s research shows that the prediction market's judgment of CPI is significantly superior to traditional institutional consensus when unexpected inflation shocks occur

Polymarket Announces In-House L2, Is Polygon's Ace Up?

When top-level applications begin to have the ability to independently support users, traffic, and economic activities, if the underlying network cannot provide additional value, it will inevitably be "backstabbed."

AI Trading Risks in Crypto Markets: Who Takes Responsibility When It Fails?

AI trading is already core market infrastructure, but regulators still treat it as a tool — responsibility always stays with the humans and platforms behind it. The biggest risk in 2025 is not rogue algorithms, but mass-adopted AI strategies that move markets in sync and blur the line between tools and unlicensed advice. The next phase of AI trading is defined by accountability and transparency, not performance — compliance is now a survival requirement, not a constraint.

Beacon Guiding Directions, Torches Contending Sovereignty: A Covert AI Allocation War

Key Takeaways The AI that rules today’s landscape exists in two forms—a centralized “lighthouse” model by major tech…

Decoding the Next Generation AI Agent Economy: Identity, Recourse, and Attribution

Key Takeaways AI agents require the development of robust identity, recourse, and attribution systems to operate autonomously and…

Popular coins

Latest Crypto News

Read more