As new technologies scale, regulators and industry should strengthen collaboration

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Carole House, founder and CEO of Penumbra Strategies, called at the Money20/20 conference for regulators and the financial industry to strengthen timely collaboration as blockchain and agentic commerce expand, advancing the modernization of frameworks for combating illicit finance. She advocated more timely enforcement, clear regulatory frameworks, and information sharing, and said investing in digital identity infrastructure is critical to preventing authenticity risks such as AI deepfakes.