UK MPs call for global alliance to tackle AI misuse
This collaboration aims to collectively safeguard against actors, whether state-affiliated or not, who seek to misuse AI for their objectives.
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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 anti-money laundering and counter-terrorist financing activities carried out on-chain.
UK to spend $130M on AI chips amid scramble to buy up computing power
The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI.
UK crypto businesses to comply with FATF Travel Rule beginning in September
The UK passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto.
UK to expand crypto crime agency, hiring spree underway
The job involves investigating crypto fraud, money laundering and other blockchain-based crime performed by organized groups.
UK crime agency scouts for seasoned crypto investigators
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 (AFI).
Crypto-friendly Robinhood inches to UK with local CEO appointment
Robinhood has been planning expansion into the United Kingdom since 2019 but the project has faced multiple delays.
From rugs to riches: UK carpet retailer to adopt Bitcoin Standard
With inflation running high and sluggish UK banking interest rates, small businesses in the United Kingdom are turning to novel solutions to save money.
UK banks risk losing licenses for debanking customers over political views
The British government may impose tighter freedom of speech protections on banking permits following a public dispute between Nigel Farage and Coutts bank.
UK financial watchdog announces launch of permanent Digital Sandbox in August
According to the FCA, the sandbox will be open to businesses, start-ups and data providers, including those involved in banking, investment, lending and payments.