The Financial Conduct Authority has issued final warning to unregistered digital asset firms for their low engagement to financial promotions regime and illegal marketing to U.K. consumers.
Competition and Markets Authority, the U.K.'s anti-trust regulator, calls for AI guardrails to prevent monopolies as it leads efforts to regulate the AI industry before a global AI summit.
The new legislation amends several acts to, among other things, insert digital asset-related definitions and mechanisms to extend existing powers to the digital asset context.
A report quoted CEO Ben Zhou saying that due to the new FCA rules, Bybit would exit the U.K., but the exchange now says it’s committed to staying.
Cøbra had been successfully sued by Dr. Craig Wright for violating the latter’s copyright in the Bitcoin white paper as its author; the only matter left to decide was how much of Dr. Wright’s legal costs must be paid by Cøbra as the losing party.
The Swiss DLT Act doesn't address all aspects of blockchain or digital assets but provides a legal foundation for integrating DLT-based financial instruments.
Luno told one news outlet that the Financial Conduct Authority’s new rules, taking effect in October, necessitate a business review and that the restrictions affect other players too.
Prime Minister Rishi Sunak shares similar sentiments about establishing uniform AI standards, as U.K. lawmakers call for stricter AI rules and international coalition to tackle AI's borderless impact.
The U.K. Travel Rule came into force on September 1, requiring digital asset businesses operating in the country to collect, verify, and share information about digital asset transfers.
This episode of CoinGeek Conversations' summer series features Block Dojo cohort GHGBlaze, an innovative blockchain platform dedicated to assisting companies in obtaining precise assessments of the carbon emissions associated with their products.
As part of its plan to curb financial fraud, the U.K. mulls banning digital asset-related cold calls, which could have a huge impact considering the contribution of such assets to the economy.
In the third installment of CoinGeek Conversations Summer Special series, Block Dojo entrepreneurs Mark Moores of Carby and Jean Lehmann of CyberXChain talk about carbon credits and ethical hacking.
