Tags: UK Government

The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors.

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.

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.

The United Kingdom‘s financial regulator has endorsed a blueprint model designed to facilitate the tokenization of funds for asset management firms.

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.

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.

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.”

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.

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.

“It’s not just a piece of artwork”: Mintable CEO Zach Burks argues that the United Kingdom government still hasn’t caught up on what NFTs are becoming.

Marinade Finance holds over $265 million in total value locked, accounting for 70 of all funds locked on the Solana blockchain.

According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions.

Decentraland Foundation executive director Yemel Jardis believes the NFT market slump is not a sign of regression but maturity.

The European Union’s anti-money laundering laws infringe upon personal privacy, and they come with costs that are simply too high.

Stocks across the Asia Pacific region marked a second consecutive day of bullish growth as the European stock market reached a three-week high.

A U.K. parliamentary committee called for a crack down on sports fan tokens and recommended the government issue a code of conduct for NFT platforms.

The FCA’s list of registered crypto asset providers includes 42 entities and hasn’t changed since August.

Snapchat received a warning from the U.K. data watchdog regarding its AI chatbot “My AI” and potentially failing to identify and address its privacy risks.

While Thai regulators aim to tax crypto earned overseas, Brazilian lawmakers seek to protect it from seizure.

Headquartered in Dubai, crypto exchange Bybit said it will suspend services to residents of the United Kingdom starting in October due to "regulatory changes".

The financial regulator expressed its frustration at the lack of engagement from crypto firms in a strongly worded letter.

“Web3 represents a paradigm shift that reimagines the very fabric of the internet,” said British MP Natalie Elphicke.

The UK‘s Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust.

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.