The former Wall Street and City of London banker is making his second bid to become mayor of London.
UK police authorized to seize criminal crypto holdings without arrests
From April 26, police can transfer seized illicit crypto to wallets controlled by the authorities, with victims able to reclaim funds from the accounts.
Crypto in the well and snake villain star in FCA’s pixelated animation
The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors.
AI regulations in global focus as EU approaches regulation deal
Concerns over potential misuse of AI have prompted the U.S., U.K., China, and the G7 to speed up regulation of the technology, though Europe is already way ahead.
UK Legislators urge caution in retail digital pound rollout
The committee’s report recommends imposing lower initial limits on the value of retail digital pounds to alleviate the risk of potential bank runs amid market instability.
London Stock Exchange seeks digital assets director
In a LinkedIn job posting the London Stock Exchange Group says it’s seeking a digital assets lead with a “passion” for digital assets, crypto and blockchain.
DeepMind co-founder chides Elon over UK AI summit comments: ‘He’s not an AI scientist’
World renowned AI scientist Mustafa Suleyman appears to disagree with Elon Musk’s assessment of the threats and benefits A.I. technologies could pose in the future.
UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future
The second day of the UK AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elon Musk that discussed the future of the job market, China and AI as a “magic genie.”
UK to invest 300M pounds in 2 AI supercomputers; Harris presses for AI safety
The U.K. says the investments will help its local scientific talent have the tools they need to ensure that the most advanced AI models are up to safety standards.
UK AI Safety Summit begins with global leaders in attendance, remarks from China and Musk
The U.K. AI Safety Summit concluded its first day with a common declaration, the U.S. announcing an AI safety institute, China willing to communicate on AI safety and comments from Elon Musk.
US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court
According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions.
Stocks across Asia and Europe rise on Economic growth indicators
Stocks across the Asia Pacific region marked a second consecutive day of bullish growth as the European stock market reached a three-week high.
Huobi, KuCoin, over 140 crypto exchanges ‘non-authorized’ — UK regulator
The FCA’s list of registered crypto asset providers includes 42 entities and hasn’t changed since August.
Snapchat warned by UK data watchdog over AI chatbot risks
Snapchat received a warning from the U.K. data watchdog regarding its AI chatbot “My AI” for potentially failing to identify and address its privacy risks.
Hong Kong to tighten crypto regulation, Thailand to tax crypto overseas: Law Decoded
While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure.
UK FCA gives unregistered crypto firms ‘final warning’ on ads regime compliance
The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter.
The UK releases key ambitions for global AI summit
The officials in the U.K. released their priorities for the upcoming global AI summit during which they plan to focus on risk and policy.
UK considers blanket ban on crypto investment cold calls
The U.K. Treasury has released a consultation paper to understand the grassroots-level impact of a blanket ban on cold calls related to financial services and products.
UK FCA shuts down 26 crypto ATMs following coordinated investigation
The FCA and other law enforcement agencies investigated 36 crypto ATM locations using powers under money laundering regulations.
Gaining speed on tokenization is vital for UK’s financial future, banking group warns
UK Finance says it’s not too late for the United Kingdom to make up for other jurisdictions’ faster start to securities tokenization, and the country better do it if it wants to remain a global financial leader.