United Kingdom Financial News

13.06 / 19:49

Law regulation BitStamp Bitstamp now included on FCA's list of registered crypto firms

The United Kingdom arm of cryptocurrency exchange Bitstamp has joined the list of registered firms under the country’s Financial Conduct Authority.

13.06 / 08:51

Sport Football London Bitcoin How Peter McCormack is turning an unknown town into a Bitcoin hub

Can a football team backed by Bitcoin (BTC) really raise up a town? In the latest Cointelegraph documentary, reporter Joe Hall investigates the impact of a Bitcoin football club, Real Bedford, on the small commuter town of Bedford in the United Kingdom.

13.06 / 02:45

Technology Law regulation United Nations UN report highlights ‘serious and urgent’ concerns about AI deepfakes

The United Nations has called artificial intelligence-generated media a “serious and urgent” threat to information integrity, particularly on social media.

12.06 / 16:43

business regulation Machine Learning UK government London UK to get ‘early or priority access’ to AI models from Google and OpenAI

British Prime Minister Rishi Sunak recently announced that Google DeepMind, OpenAI, and Anthropic — three tech outfits widely considered the global industry leaders in generative AI technologies — have agreed to provide the United Kingdom with early access to their AI models.

08.06 / 21:57

Blockchain Mining Research Science Bitcoin Quantum miners would yield ‘massive’ energy savings for blockchain: Study

A pair of scientists from the University of Kent’s School of Computing in the United Kingdom recently conducted a study comparing energy consumption rates for current ASIC-based miners to proposed quantum-based solutions.

08.06 / 12:39

Blockchain regulation advertisement Crypto ads face stricter rules, referral bonus ban by UK FCA

In a June 8 announcement, the United Kingdom’s Financial Conduct Authority (FCA) said that from Oct. 8, advertisers of crypto services in the U.K. would be subjected to stricter regulations.

06.06 / 17:29

Law regulation lawmakers ‘Crypto Tsar’ needed to ensure coordinated approach in the UK: EU lawmakers

A parliamentary group in the United Kingdom has published its recommendations to the government for the crypto and digital asset sector. The list of recommendations includes the appointment of an official who will ensure a coordinated regulatory approach to crypto and digital assets.

06.06 / 17:01

Government Technology regulation UK government Power Nuclear power AI should be regulated like medicine and nuclear power: UK minister

Developers working on artificial intelligence should be licensed and regulated similarly to the pharmaceutical, medical, or nuclear industries, according to a representative for Britain’s opposing political party.

06.06 / 16:09

business regulation UK government ChatGPT AI could threaten humanity in 2 years, warns UK AI task force advisor

The AI task force advisor to the prime minister in the United Kingdom said humans have roughly two years to control and regulate artificial intelligence (AI) before it becomes too powerful.

18.05 / 21:07

Adoption Latin America inflation Bitcoin NOT Crypto adoption is booming, but not in the US or Europe — Bitcoin Builders 2023

Mass crypto adoption is already taking place around the world, but not in the United States or Europe, nor does it have Bitcoin as a flagship asset for mainstream acceptance. According to Daniel Fogg of smart contract platform Rootstock, the increase in adoption is instead ongoing in emerging markets, where cryptocurrencies are offering solutions to people’s everyday problems.

17.05 / 03:07

Blockchain regulation Trading Gambling UK government Bitcoin lawmakers Crypto retail trading should be regulated as gambling: UK lawmakers

The trading of so-called “unbacked cryptoassets” such as Bitcoin (BTC) and Ether (ETH) should be regulated as gambling rather than a financial service, a panel of British lawmakers said in a new report.

09.05 / 19:17

CBDC regulation Bank of England BoE fintech head says crypto doesn’t ‘fulfill any of the functions of money’

The Bank of England’s director of fintech, Tom Hutton, recently spoke out on the United Kingdom’s plans to institute a central bank digital currency (CBDC) at the Crypto and Digital Assets Summit in London.

05.05 / 16:49

Law regulation crimes ATM Financial UK financial watchdog announces inspections against sites with suspected illegal crypto ATMs

The United Kingdom’s Financial Conduct Authority, or FCA, has announced the inspection of sites across the country “suspected of hosting illegally operated crypto ATMs.”

04.05 / 11:19

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

The United Kingdom’s Competition and Markets Authority (CMA) has officially stepped onto the artificial intelligence (AI) scene after it announced an examination of the impact of the technology on consumers and the economy.

02.05 / 15:11

Government regulation policies NOT British MP Lisa Cameron is 'not invested personally' in crypto but advocates for regulation

Lisa Cameron, a Member of Parliament in the United Kingdom since 2015, may not have used the Bitcoin Lightning Network in her time as a lawmaker, but spends a lot of her time in office focused on digital assets.

28.04 / 21:47

Blockchain defi UK treasury UK Treasury seeks input on taxing DeFi staking and lending: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

28.04 / 15:11

Where crypto can grow: Digital asset regulations around the world

As cryptocurrencies continue to become a bigger part of the global economy, more and more governments are exploring ways to regulate the industry and construct rules for firms operating in the space.

28.04 / 12:51

Bitcoin Community Bitcoin The Bitcoin transition: How hodlers can become changemakers and drive adoption

If Bitcoin (BTC) were a country, it might be one of the biggest in the world. That’s according to Jeff Booth, general partner at Bitcoin venture fund Ego Death Capital and author of The Price of Tomorrow: Why Deflation is the Key to an Abundant Future. Cointelegraph spoke to Booth to better understand and visualize the Bitcoin movement’s state in 2023.

28.04 / 06:17

defi regulation transactions Taxes legislation UK treasury UK Treasury seeks input on taxing DeFi staking and lending

The tax treatment of lending and borrowing on decentralized finance (DeFi) protocols could soon be changed in the United Kingdom as the taxation arm of the Treasury is seeking input on a possible new regime.

26.04 / 12:31

business Adoption UK government safe UK pledges nearly $125M to create "safe AI" taskforce

The United Kingdom is buckling down on its efforts to ramp up the country’s technology sector. Officials released an announcement for funding of a new artificial intelligence (AI) task force.

26.04 / 03:47

regulation UK government Financial UK financial watchdog to crypto industry: ‘Let’s work together’

The United Kingdom's financial regulator, the Financial Conduct Authority (FCA), wants to work together with crypto companies to develop a regulatory framework for the industry.

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