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Bitcoin ETFs Can Boost ‘Overall Reputation of Certain Cryptocurrencies’ — Brighty App Co-Founder

[Jul 16, 2023 2:00 AM] According to Nikolay Denisenko, the co-founder and CTO of the financial and earning application Brighty App, the digital version of the pound sterling can be a bridge that enables “easy conversions between different types of crypto…

UK FCA shuts down 26 crypto ATMs following coordinated investigation

[Jul 11, 2023 1:45 AM] The FCA — along with other law enforcement agencies — investigated 36 crypto ATM locations using powers under the Money Laundering Regulations 2017.

Gaining speed on tokenization is vital for UK’s financial future, banking group warns

[Jul 6, 2023 3:45 PM] UK Finance says it’s not too late for the United Kingdom to make up for other jurisdictions’ faster start to securities tokenization, and it better do it if it wants to remain a global financial leader.

UK government moves forward on financial markets bill for potential regulation of crypto

[Jun 19, 2023 1:20 PM] Following a third reading in the House of Lords, the Financial Services and Markets Bill will return to the lower house of the U.K. Parliament for members to consider any changes.

UK to get ‘early or priority access’ to AI models from Google and OpenAI

[Jun 12, 2023 10:27 AM] It’s unclear at this time what access the U.K. will receive, but the reported commitment could be the first of its kind.

AI could threaten humanity in 2 years, warns UK AI task force advisor

[Jun 6, 2023 3:56 AM] The UK prime minister’s AI task force advisor said large AI models will need regulation and control in the next two years to curb major existential risks.

G7 discusses crypto, supports CBDC — Law Decoded, May 15–22

[May 22, 2023 2:30 PM] The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.

Binance looks to the UK for regulation amid US crypto crackdown

[May 11, 2023 4:21 AM] Binance seeks regulation in the U.K. amid a U.S. crackdown on cryptocurrencies as its chief strategy officer acknowledges the challenging business environment in the United States.

UK reviews AI development: It can ‘drive substantial economic growth’

[May 4, 2023 5:15 AM] The U.K. Competition and Markets Authority said it would examine AI’s development, deployment and social impact.

UK government targets fraudsters with new ban on cold calls for crypto

[May 3, 2023 1:38 AM] The U.K. government plans to introduce laws to reimburse victims of authorized crypto fraud and work with Ofcom to prevent phone number “spoofing.“

Industry heavyweights respond to UK’s crypto asset regulatory framework proposal

[May 1, 2023 3:33 PM] HM Treasury was directed to spot problems that may need refinement, but the basic principles of its approach were heartily welcomed.

UK pledges nearly $125M to create ‘safe AI’ taskforce

[Apr 26, 2023 6:15 AM] The British government has pledged 100 million British pounds ($124.8 million) in funding to support a task force for the development of “safe AI.”

Crypto assets to become a separate category in the UK tax forms

[Mar 17, 2023 3:45 AM] The recent national budget, published by His Majesty's Treasury, announces the amendment of the self-assessment forms for crypto assets.

UK Bitcoin community reacts to incoming CBDC and digital pound rollout

[Jan 25, 2023 7:15 AM] A new role, "Head of CBDC," will help the United Kingdom to "explore the case for a digital pound," although UK Bitcoiners would argue that might not be necessary.

British authorities split on banning sale of crypto investment products

[Jan 24, 2023 2:44 AM] Policymakers in the United Kingdom are divided on whether the sale, marketing and distribution of derivatives and exchange-traded notes, tied with crypto, should be banned.

UK includes crypto investments under the Investment Manager Exemption

[Dec 21, 2022 5:15 AM] The measure should help British funds dealing with foreign investors adopt digital assets in their portfolios.

UK crypto bill to restrict services from abroad: Report

[Dec 6, 2022 4:07 AM] The regulatory amendments will broaden the powers of the country's financial regulator and put the crypto industry under tighter scrutiny.