White House AI Model Vetting Protocols Target OpenAI as Bitcoin Hits $79K

White House officials mandate AI model vetting protocols for powerful systems from OpenAI and Google DeepMind. The rules require government safety reviews before public release, The New York Times reports. This stems from the October 30, 2023, executive order on AI safety.

Crypto markets hold steady. Bitcoin trades at $79,953 with a $1,598.4 billion market cap, up 1.8% (CoinGecko). The Fear & Greed Index sits at 50, neutral (Alternative.me).

AI Model Vetting Protocols Stem from NIST Framework

Rapid AI advances spark regulatory action. The National Institute of Standards and Technology (NIST) provides the AI Risk Management Framework. The Department of Homeland Security (DHS) leads implementation.

New York Times reporters Karen Weise and Cade Metz cite White House officials who flag AI risks to fintech, elections, and markets. Tech firms now self-report voluntarily, but mandatory vetting arrives soon.

Fintech firms like Revolut and Coinbase deploy AI for fraud detection. Blockchain oracles on Ethereum and Solana use AI for DeFi data feeds, such as Uniswap protocols.

Fintech Firms Brace for AI Vetting Compliance

AI model vetting protocols delay new fintech rollouts. Developers submit models for red-teaming—attacks that reveal vulnerabilities. They must disclose training data to curb biases in credit scoring and trading algorithms.

The White House AI executive order sets risk tiers. High-impact models face audits from the Office of Science and Technology Policy (OSTP).

Chainlink's AI oracles deliver machine learning price feeds to crypto markets. Vetting matches EU MiCA rules, effective in phases from June 2024. Coinbase CEO Brian Armstrong posted on X: "Clear rules fuel innovation."

Regulatory clarity draws capital. BlackRock's iShares Bitcoin Trust (IBIT) saw $523 million inflows last week (ETF.com). Investors eye compliant AI tools for blockchain analytics.

Markets Weigh AI Regulation Impacts

AI drives predictive trading and on-chain analysis. NIST's AI risk framework mandates bias and cybersecurity checks.

Fintech executives predict delays in AI-powered KYC on exchanges like Binance and Kraken. However, standards build trust and attract venture funding to AI-crypto startups.

Frontier models exceed GPT-4 capabilities. OSTP pilots mandatory reviews now, with full rules by mid-2025.

Crypto Sentiment Stays Neutral on AI News

Markets ignore the buzz. Solana reaches $84.13 ($48.5 billion cap, +0.4%). Dogecoin climbs to $0.11 ($17.0 billion, +2.1%).

Ethereum trades at $2,350.25 ($283.1 billion, +1.3%). XRP hits $1.39 ($86.0 billion, +0.4%). BNB holds $623.89 ($83.9 billion).

• Asset: BTC · Price (USD): 79,953 · Change: +1.8% · Market Cap (B USD): 1,598.4
• Asset: ETH · Price (USD): 2,350.25 · Change: +1.3% · Market Cap (B USD): 283.1
• Asset: XRP · Price (USD): 1.39 · Change: +0.4% · Market Cap (B USD): 86.0
• Asset: SOL · Price (USD): 84.13 · Change: +0.4% · Market Cap (B USD): 48.5
• Asset: DOGE · Price (USD): 0.11 · Change: +2.1% · Market Cap (B USD): 17.0

CoinGecko Bitcoin data shows $45 billion daily volume. Spot Bitcoin ETFs record steady inflows amid policy talks.

AI Vetting Protocols Shape Fintech Future

Federal guidelines roll out by mid-2025. Tech lobbyists seek flexibility, but DHS demands strict tests. Compliant AI strengthens DeFi against hacks and manipulation.

Bitcoin's $79,953 price signals resilience. AI model vetting protocols foster secure innovation across fintech and blockchain.