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Revolut Named Most Crypto-Friendly Bank in the UK
2.11.2023
Revolut has become the most cryptocurrency-friendly bank in the United Kingdom. According to a report by Recap, Revolut stands out from other banks by allowing customers to trade cryptocurrencies directly through its mobile banking app and providing them with educational materials to enhance their...
UK to invest 300M pounds in 2 AI supercomputers, Harris presses for AI safety
2.11.2023
The U.K. says the investments will help its local scientific talent have tools they need to ensure that the most advanced AI models are up to safety standards
UK’s National Crime Agency Seeks to Set Up Specialized Team to Combat Cryptocurrency Scams and Fraud
2.11.2023
The United Kingdom’s National Crime Agency (NCA) is taking a proactive stance against the rising threat of cryptocurrency scams and fraud. In response to the increasing attempts by bad actors to deceive crypto investors, the NCA has announced plans to establish a specialized cryptocurrency...
Paypal Achieves FCA Registration in the UK, Paving the Way for Crypto Services Resumption in 2024
2.11.2023
The payments giant Paypal has successfully achieved registration with the Financial Conduct Authority (FCA) in the United Kingdom, a fact verified by the FCA’s website on October 31. This move comes shortly after Paypal’s temporary cessation of crypto purchases within the U.K., although the company...
UK seeks six crypto investigators to beef up National Crime Agency
2.11.2023
The role demands candidates to have the ability to provide strategic and tactical advice to crypto investigations, among other investigative qualities
UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk
1.11.2023
The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety and comments from Elon Musk
PayPal scores UK crypto license after brief local Bitcoin buy halt
1.11.2023
Licensed by the FCA on Oct. 31, 2023, PayPal has requirements or restrictions placed on the financial services activities that it can operate
TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content
31.10.2023
Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content such as explicit images of children
SBF claims innocence, contradicts other witnesses: Law Decoded
30.10.2023
Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court
UK Government Rolls Out Final Proposals for Stablecoin Regulation
30.10.2023
The United Kingdom has released proposals for a stablecoin framework alongside wider industry regulations in a bid to position the country as an investment destination and to protect users. In an Oct 30 release, His Majesty’s Treasury published a set of guidelines for regulating...
Singapore’s Central Bank Joins Forces with Monetary Authorities in Japan, Switzerland, and the UK for Joint Digital Asset Pilots
30.10.2023
Singapore’s central bank has announced plans to collaborate with monetary authorities in Japan, Switzerland, and the United Kingdom for joint digital asset pilots. In a Monday press release, the Monetary Authority of Singapore (MAS) announced that it will collaborate with the Financial...
UK publishes plans for stablecoins regulation
30.10.2023
Non-fiat-backed types of stablecoins will not be allowed into regulated payment chains
G7 countries to launch AI code of conduct: Report
30.10.2023
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology
Singapore plans joint crypto pilots with Japan, Switzerland and UK
30.10.2023
Singapore’s central bank and financial regulator is seeking closer cross-border collaboration for its asset tokenization project
Standard Chartered-owned crypto platform Zodia launches in Hong Kong
30.10.2023
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said
Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
27.10.2023
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply
‘Buy Bitcoin’ search queries on Google surge 826% in the UK
27.10.2023
Google searches relating to purchasing Bitcoin have spiked worldwide following a significant rally in the price of BTC
Gold Coins Aren’t That Useful In Super Mario Bros. Wonder
26.10.2023
Every Mario game has gold coins scattered around the Mushroom Kingdom for the fireball-throwing plumber to collect, and finding every last one is a big part of getting a perfect run of a level for some players. But in Super Mario Bros. Wonder, they’re not quite as useful as they once were, because...
UK passes bill to enable authorities to seize Bitcoin used for crime
26.10.2023
Filed in September 2022, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, 2023
UK’s FinProm a welcome change, but challenge persists: Transak compliance head
25.10.2023
Transak’s compliance chief James Young told Cointelegraph that while the U.K.’s new crypto marketing rules are good for the industry, they still pose challenges to some firms operating in the decentralized space