United Kingdom
UK FCA nears end of consultation on cryptoasset regulations
The FCA is finalizing regulations for digital currency firms in the U.K., emphasizing consumer protection and international compliance standards.
Tether launches US-facing stablecoin, Circle investors say ‘meh’
Tether launches USAT, a U.S.-compliant stablecoin aimed at competing with USDC, while addressing regulatory challenges and expanding market adoption.
UK advances digital wallet development after ID mandate scrap
The U.K. is advancing a digital wallet for government credentials, despite recent backlash against mandatory digital ID plans by its...
UK’s AI approach in finance risks harm to consumers and systems
U.K. regulators face criticism over AI oversight in finance, risking consumer safety and economic stability, a Parliamentary Committee report warns.
The Philippines bans Grok, following Indonesia and Malaysia
The Philippines joins Malaysia and Indonesia in banning AI chatbot Grok amid rising concerns over deepfake misuse and non-consensual images.
UK considers social media ban for under-16s following Australia
U.K. Prime Minister Kier Starmer considers a social media ban for under-16s, citing growing concerns over children's mental health and...
