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United Kingdom

UK pledges $126M for AI research and training
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8 February, 2024

UK pledges $126M for AI research and training

The £100 million funding will go toward upskilling workers for the AI era, launching nine new AI hubs, and training...
Incoming EU and UK laws up the stakes for anti-competitive US big tech
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2 February, 2024

Incoming EU and UK laws up the stakes for anti-competitive US big tech

The days of U.S. tech bullying the ‘little guys’ around the globe may be numbered, at least in the EU...
BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’
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30 January, 2024

BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’

The Bank of England and the U.K. Treasury remain undecided about the necessity of a CBDC in the U.K. but...
Indirect regulation: The unexpected impact of UK financial promotion regime on the digital asset industry
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16 January, 2024

Indirect regulation: The unexpected impact of UK financial promotion regime on the digital asset industry

While the United Kingdom has good intentions in enforcing laws on the digital asset industry, the new financial promotions regime...
Bank of England head tells Parliament Bitcoin is ‘pretty inefficient’
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15 January, 2024

Bank of England head tells Parliament Bitcoin is ‘pretty inefficient’

The Bank of England takes aim at Bitcoin as a payment method, with Governor Andrew Bailey calling it "inefficient," while...
OKX implements new rules under FCA’s latest guidelines for UK users
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5 January, 2024

OKX implements new rules under FCA’s latest guidelines for UK users

In compliance with the FCA's new order, OKX will test its retail customers to determine their eligibility to hold an...
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