On 6 June 2024, the US Department of the Treasury (USDT) opened a consultation on the uses, opportunities, and risks of Artificial Intelligence (AI) in the Financial Services Sector until 5 August 2024. The inquiry invites public comment on the application of AI within the sector, particularly in digital payment and DLT development. The consultation aims to enhance the Treasury’s understanding of AI’s role in financial services, identifying opportunities for its use, potential risks, and the impact on consumers, investors, and the financial system.
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