[Oct 19, 2023 11:38 AM] According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions.
[Oct 18, 2023 7:00 AM] Crypto adoption in the United Kingdom has been growing as the country adopts more regulations targeting crypto and stablecoins, the study shows.
[Oct 18, 2023 2:45 AM] The summit scheduled for Nov. 1–2 will place significant emphasis on the potential existential threat that AI represents, a concern shared by several legislators.
[Oct 10, 2023 9:30 AM] The Financial Conduct Authority’s marketing requirements for crypto firms went into effect on Oct. 8, requiring some to partner with local companies for compliance.
[Oct 9, 2023 2:38 AM] 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.
[Oct 6, 2023 7:40 AM] Komainu is increasing its presence in the U.K. after making an agreement with authorities to store crypto seized during local investigations in 2021.
[Oct 6, 2023 7:29 AM] Snapchat received a warning from the U.K. data watchdog regarding its AI chatbot “My AI” for potentially failing to identify and address its privacy risks.
[Oct 4, 2023 1:56 AM] His Majesty’s Treasury’s Digital Securities Sandbox will have “a new rule set that would allow it to do new things with digital securities.”
[Sep 27, 2023 6:13 AM] Coinbase CEO Brian Armstrong has been actively pursuing the exchange’s expansion ambitions in the United Kingdom amid mounting legal issues in the United States.
[Sep 22, 2023 9:29 AM] Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to “regulatory changes.”
[Sep 22, 2023 3:02 AM] Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report.
[Sep 20, 2023 11:00 AM] Critics of the U.K. Online Safety Bill had pushed for amendments prior to passage, claiming the legislation could allow authorities a backdoor for end-to-end encryption services.
[Sep 19, 2023 3:09 AM] During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes.
[Sep 7, 2023 11:29 AM] Companies offering crypto services to U.K. residents have an Oct. 8 deadline to run “clear, fair and not misleading” marketing campaigns, but some could have until Jan. 8.
[Sep 4, 2023 7:36 AM] The officials in the U.K. released their priorities for the upcoming global AI summit during which they plan to focus on risk and policy.
[Aug 24, 2023 2:24 AM] The U.K. Treasury has released a consultation paper to understand the grassroots-level impact of a blanket ban on cold calls related to financial services and products.
[Aug 21, 2023 7:54 AM] Imperial College London announced a collaboration with AI startup FluidAI to tackle major issues in the crypto market such as liquidity aggregation.
[Aug 16, 2023 5:40 AM] PayPal will temporarily halt crypto purchases in the United Kingdom starting from Oct. 1, 2023, expecting to re-enable the service in early 2024.
[Aug 14, 2023 4:41 AM] Since January 2020, almost 300 crypto companies have applied for registration with the Financial Conduct Authority, 38 of which were approved.
[Aug 12, 2023 1:30 PM] The stage is set for a potentially striking upswing in global oil prices, as supply constricts and demand ascends to unprecedented levels. With oil reserves dwindling at a breakneck pace, OPEC’s spare capacity restrained, and powerhouse…
[Aug 8, 2023 5:45 AM] The United Kingdom government could rebalance the power between the Bank of England and the country’s principal financial regulator, the Financial Conduct Authority.
[Jul 28, 2023 4:09 AM] The partnership between The Sandbox, the British Museum and laCollection intends to make artifacts in the museum’s collection more accessible.
[Jul 26, 2023 2:00 AM] The ideal candidate to join the National Crime Agency will be an existing member of the police staff who is a certified, accredited financial investigator.
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