UK to spend $130M on AI chips amid scramble to buy up computing power
The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI.
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UK Treasury drops plans for Royal Mint NFT
The Economic Secretary of the Treasury told Parliament has confirmed the project has been put on the back burner, but will “keep this proposal under review.”
UK Prime Minister Rishi Sunak’s win was a victory for crypto
Cryptocurrency fans have a lot to look forward to with the new prime minister, who has a track record of being highly positive about the industry.
Rishi Sunak Becomes UK Prime Minister — He Wants to Make Britain a Global Crypto Investment Hub
Britain’s former Chancellor of the Exchequer Rishi Sunak has become the country’s new prime minister, succeeding Liz Truss who resigned after 44 days in office. The leader of the Conservative…
Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal
British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF)…
Rishi Sunak Is the U.K.’s New Prime Minister. Here’s What He Thinks of Crypto
Rishi Sunaks appointment as the new British Prime Minister could benefit the U.K.s burgeoning crypto industry. The U.K. Gets a New PM Rishi Sunak will become the U.K.s next Prime...
UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation
The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework…