United Kingdom | ForkLog

ForkLog 6 19.05.2023

Rishi Sunak to raise AI risks at G7 summit

British Prime Minister Rishi Sunak said he intends to raise the issue of AI risks at the upcoming G7 summit in Hiroshima.

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ForkLog 6 17.05.2023

UK urged to treat cryptocurrencies as gambling rather than financial assets

The UK Treasury Committee published a report urging the government to regulate cryptocurrencies as gambling instruments rather than financial assets.

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ForkLog 3 11.05.2023

FT: Binance says it aims to grow its business in the United Kingdom

A spokesman for the Bitcoin exchange Binance said that, due to pressure on digital assets from authorities, it is 'very difficult' to do business in the United States.

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ForkLog 6 05.05.2023

UK antitrust watchdog to study AI market

The UK's Competition and Markets Authority (CMA) has launched an investigation into the AI industry, aiming to study potential competition and consumer concerns.

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ForkLog 9 03.05.2023

Britain to ban cold calls for cryptocurrency advertising

In the fight against fraud and cybercrime in the United Kingdom, cold calls used in selling financial products, including cryptocurrencies, will be banned.

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ForkLog 9 02.05.2023

a16z urges Britain to fine-tune crypto regulation

A universal approach in developing a regulatory framework for digital assets will not work; many nuances must be considered. This conclusion is contained in Andreessen Horowitz (a16z) in its response to the UK government’s consultative report.

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ForkLog 7 25.04.2023

UK to allocate £100m for ‘sovereign AI’

The UK government will allocate £100m ($125m) to create the Foundation Model taskforce to spur the development of 'sovereign AI'.

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ForkLog 5 14.04.2023

Governor of the Bank of England calls for regulating stablecoins on a par with fiat

Stablecoins must meet the same rules as fiat, and proper supervision is necessary to ensure financial stability, according to Andrew Bailey, the Governor of the Bank of England.

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ForkLog 5 13.04.2023

London Stock Exchange to clear Bitcoin derivatives

The London Stock Exchange's clearing arm will begin providing clearing services for Bitcoin index futures and options traded on the GFO-X platform.

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ForkLog 5 10.04.2023

Journalists reveal Bank of England forming a team to launch a CBDC

The Bank of England plans to form a team of 30 specialists to develop the digital pound. The Sunday Times reports this.

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ForkLog 6 07.04.2023

UK regulators publish seven-point checklist on crypto advertising

The FCA and ASA have published a seven-point checklist for crypto advertising, urging influencers to seek FCA approval, ensure ads are legal and truthful, and label them as sponsored content. They warn that promoting financial products illegally carries penalties and have partnered with former reality TV participant Sharon Gaffka to highlight crypto marketing risks. Earlier, the UK unveiled a three-year plan to counter economic crime; in February, the FCA warned that breaches of promo rules could carry prison time.

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ForkLog 9 05.04.2023

Analyst forecasts exodus of major crypto firms from the United States

Regulatory considerations in the United States will force local crypto firms to leave the country and establish headquarters in other jurisdictions. This was stated by former Goldman Sachs executive and macro-investor Raoul Pal.

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