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.
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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 to get ‘early or priority access’ to AI models from Google and OpenAI
It’s unclear at this time what access the U.K. will receive, but the reported commitment could be the first of its kind.
AI could threaten humanity in 2 years, warns UK AI task force adviser
The U.K. prime minister’s AI task force adviser said large AI models would need regulation and control in the next two years to curb major existential risks.
Binance looks to the UK for regulation amid US crypto crackdown
Binance seeks regulation in the U.K. amid a U.S. crackdown on cryptocurrencies as its chief strategy officer acknowledges the challenging business environment in the U.S.
UK reviews AI development: It can ‘drive substantial economic growth’
The U.K. Competition and Markets Authority says it will be examining the development and deployment of AI and its social impact.
Industry heavyweights respond to UK’s crypto asset regulatory framework proposal
HM Treasury was directed to spot problems that may need refinement, but the basic principles of its approach were heartily welcomed.
UK pledges nearly $125M to create “safe AI” taskforce
The U.K. Prime Minister and Technology Secretary released a statement announcing £100 million in funding ($ 124.8 million) to support a taskforce for development of “safe AI.”
UK Bitcoin community reacts to incoming CBDC and digital pound rollout
A new role, "Head of CBDC," will help the United Kingdom to "explore the case for a digital pound," although UK Bitcoiners would argue that might not be necessary.