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United Kingdom

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...
UK Economic Secretary open to discussing digital asset firms’ access to banks
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28 December, 2023

UK Economic Secretary open to discussing digital asset firms’ access to banks

The U.K.'s new Economic Secretary, Bim Afolami, will be available to speak to the Crypto and Digital Assets All-Party Parliamentary...
Binance announces ‘Brexit’ but can’t quit noncompliant bad habits
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27 December, 2023

Binance announces ‘Brexit’ but can’t quit noncompliant bad habits

Three days before the halt of trading pairs involving GBP, Binance users in the United Kingdom were caught off guard...
The Bitcoin Masterclasses 2023 lookback: Anyone can fall in love with Bitcoin
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26 December, 2023

The Bitcoin Masterclasses 2023 lookback: Anyone can fall in love with Bitcoin

After reviewing the topics of the Bitcoin Masterclasses this year, Becky Liggero finds that it's easy to fall in love...
Revolut suspends digital currency services for UK, cites new FCA rules
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21 December, 2023

Revolut suspends digital currency services for UK, cites new FCA rules

Revolut has joined PayPal, Luno, and Bybit, which have suspended some of their digital currency services in the 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,...