UK

April 12, 2024

UK watchdog worries about tech giants’ AI market control

The Competition and Markets Authority (CMA) in the United Kingdom is expressing apprehension about the increasing dominance of Big Tech companies in the advanced artificial intelligence […]
February 02, 2024

UK risks losing AI race amid safety-over-opportunity approach

The House of Lords Communications and Digital Committee has issued a cautionary message regarding the United Kingdom’s current stance on artificial intelligence (AI). The committee’s recent […]
December 15, 2023

Majority of UK MPs ‘lack crypto knowledge,’ says industry association

According to CryptoUK, MPs Andrew Griffith and Lisa Cameron were among the top crypto proponents in the U.K. government.   CryptoUK, a self-regulatory trade association, has […]
December 14, 2023

Crypto in the well and snake villain star in FCA’s pixelated animation

The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors.   The Financial Conduct Authority (FCA) of the United […]
December 04, 2023

UK House of Commons recommends further CBDC tests on viability, risks

The U.K. Parliamentary Committee fears that an official launch will demand a significant investment, adding that “It is not clear to us at this stage whether […]
November 03, 2023

FCA releases guidance for compliance with new UK crypto asset promotion rules

The regulator has made a few efforts to help crypto firms comply with the rules that came into force on Oct. 8.   The steps taken […]
October 31, 2023

UK publishes plans for stablecoins regulation

Non-fiat-backed stablecoins will not be allowed into regulated payment chains.   The UK government has unveiled its updated plans to regulate fiat-backed stablecoins. In a document […]
October 09, 2023

Binance, OKX to comply with new financial promotions rules in UK

Crypto firms such as Binance, OKX and MoonPay have announced they’ve been working to comply with the United Kingdom’s new financial promotion rules.   In an […]
September 01, 2023

UK’s Travel Rule comes into effect, could halt certain crypto transfers

The crypto Travel Rule, which came into effect on Sept. 1, aims to stop money laundering and terrorist financing activities carried out on-chain.   Crypto enterprises […]

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