News list for " priorities"

OpenAI ranks among the top four IT leaders' preferred investment vendors

According to Flexera's IT Priorities 2025 report, OpenAI made its debut and ranked fourth among vendors IT leaders plan to invest in, tied with Oracle and behind Microsoft, Google and AWS. The report, based on a survey of 800 IT leaders in the US, UK, Germany and Australia, shows that 37 per cent of respondents plan to spend more on OpenAI in the next year. OpenAI has gained a competitive advantage in the AI consulting space by leveraging enterprise collaboration capabilities and customized AI s...

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2024-11-17 17:23:10
US Treasury's New Financial Inclusion Strategy Fails to Focus on Cryptocurrencies

The US Treasury has developed a new financial inclusion strategy, but it does not focus on cryptocurrencies, suggesting that the new US strategy to promote financial inclusion does not rely on cryptocurrencies as an option. However, the content of the strategy does briefly mention the risks of crypto technology, mainly to promote the US Treasury's work in flagging the harm of the crypto industry. The analysis believes that Harris said during the campaign that he would encourage cryptocurrencies ...

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2024-10-30 01:29:46
The SEC has made "registrants who provide crypto-asset-related services" a priority in its 2025 review priorities

In its 2025 review priorities, the Securities Exchange Commission (SEC) has listed "registrants who provide services related to cryptoassets" as a focus for review. This includes advisors who recommend spot Bitcoin ETFs and Ethereum ETFs. Inspections of registrants will focus on offer sales, referrals, recommendations, transactions, and other activities involving cryptoassets that are offered and sold as securities or related products, such as Bitcoin or Ethereum exchange-traded products.

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2024-10-24 08:17:46
The Bank of Canada's interest rate decision highlights at a glance

1. Statement Overview: Agreed to cut interest rates by 25 basis points to 4.5%, the second consecutive rate cut. There is growing confidence in the factors driving the consumer price index back down to 2%. A balance needs to be found between upside risks to inflation and the backdrop of economic weakness. 2. Interest Rate Outlook: Bank of Canada Governor Macklum reiterated that if inflation continues to slow, further interest rate cuts are more likely. The divergence between Canada and the Feder...

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2024-07-24 23:19:52