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United Kingdom

UK introduces new regulations for Digital Securities Sandbox
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20 December, 2023

UK introduces new regulations for Digital Securities Sandbox

The United Kingdom has introduced new regulation providing the country's financial sector watchdogs with the rules for supervising a Digital...
Microsoft-OpenAI collaboration under scrutiny
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16 December, 2023

Microsoft-OpenAI collaboration under scrutiny

The Competition and Markets Authority is inviting third parties to comment on Microsoft and OpenAI's partnership due to the likely...
Judges in England, Wales given guidance on AI use
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14 December, 2023

Judges in England, Wales given guidance on AI use

As AI gradually becomes mainstream, the United Kingdom is laying out guidelines to ensure its proper use, including in the...
UK’s FCA unable to regulate digital currency, national auditor says
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13 December, 2023

UK’s FCA unable to regulate digital currency, national auditor says

U.K.'s National Audit Office criticized the pace at which the Financial Conduct Authority responds to digital currency threats and risks,...
Microsoft to expand AI infrastructure in UK via $3.2B initiative
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7 December, 2023

Microsoft to expand AI infrastructure in UK via $3.2B initiative

Microsoft invests $3.2B in U.K.’s artificial intelligence expansion, doubling its digital footprint, fueling talent development, enhancing infrastructure and safety measures...
UK House of Commons Committee urges more research on CBDC, voices concerns about costs
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6 December, 2023

UK House of Commons Committee urges more research on CBDC, voices concerns about costs

British officials believe CBDC would be a great boost in the United Kingdom, but its Treasury Committee calls for a...
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