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Act I is an AI community token. Through various initiatives, resources, and community-driven content, $ACT aims to break down barriers to AI understanding. The community focuses on projects that educate people on AI basics, encourage ethical AI discussions, and support research and development in the field.
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Coinbase Chief Policy Officer: CLARITY ACT Should Be Able to Move Forward
Odaily News: Coinbase's Chief Policy Officer, while discussing the progress of the CLARITY ACT on The Hill, stated: "We have addressed the ethical issues, we have resolved the nomination concerns, and we have a bipartisan bill regarding its substance, which should be able to move forward."
Singapore MAS and ABS Jointly Establish ACT Working Group to Address AI-Driven Cyber Threats
According to e27, the Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) jointly established the "AI-Driven Cyber and Tech Risk Taskforce" (ACT) in May 2026, with membership including major financial institutions such as DBS, OCBC, UOB, Singapore Exchange, NETS, and BCS. The taskforce focuses on three key areas: first, promoting industry-wide sharing of AI cybersecurity experience; second, conducting proof-of-concept tests for AI defense tools to enhance institutions' operational capabilities; third, developing security controls and response guidelines for AI threats. MAS Assistant Managing Director Vincent Loy pointed out that frontier AI is increasing the severity, scale, and complexity of cyber attacks, and the financial industry must respond with a high sense of urgency and strong collaboration.