IOTA has released a comprehensive report on the rising number of self-appointed financial experts and how their misguided information could be controlled.
IOTA proposes an AI-driven monitoring implementation to identify financial misinformation while providing retail investors with tools to guide their decisions.
IOTA highlights the need for a comprehensive regulatory framework to control the activities of 'finfluencers' and to mitigate the risks of hidden conflicts, misinformation, and market manipulation.
IOTA suggests collaboration with social media platforms, implementation of AI-driven monitoring, and establishment of a global database of compliant and non-compliant experts as key methods to address the issue.