The U.K.’s Financial Conduct Authority says it won’t object to the creation of crypto-backed exchange-traded notes — a financial product similar to an ETF — on the condition they are restricted to professional investors only.
UK Government News
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OANDA’s new crypto platform will offer 63 crypto trading pairs to begin with and will expand its services further.
4221A developer of the Nova Drainer phishing protocol has officially registered as a business in the UK.
3910The U.K. government received over 50,000 responses to its consultation paper on the formation of a digital pound.
1937Users of some crypto exchanges based in the United Kingdom now need to pass a quiz to trade Bitcoin.
2540In a report, a House of Lords committee dismissed exaggerated fears of AI threats to human existence, urging policymakers to address more immediate concerns.
3766The cryptocurrency exchange has been facing mounting scrutiny in the U.S. since it was sued by the SEC last June.
3032The National Cyber Security Centre report highlights social engineering as a critical area where AI will significantly enhance capabilities, making phishing attacks more convincing and more challenging to spot.
2275Speaking at the World Economic Forum, he also discussed surpassing Apple in global market cap.
1078The request comes after the U.K.’s top terrorism legislation advisor was “recruited” by AI chatbots posing as terrorists on the Character.AI platform.
16267The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors.
29744Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead.
2468The 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.
4712The United Kingdom’s financial regulator has endorsed a blueprint model designed to facilitate the tokenization of funds for asset management firms.
8823In 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.
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