Weak competition in AI race could hurt consumers: UK watchdog
The UK's Competition and Markets Authority wants to prevent AI from being used to undermine consumer trust.
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Coinbase signals EU, Canada, Brazil, Singapore and Australia as priorities
The crypto exchange’s focus on non-U.S. markets is part of a next phase in its expansion plans, said the firm.
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.
Binance denies affiliation with entity registered in UK
Binance has denied claims it's been using a small building shared with thousands of other companies as its registered office in the U.K.
Ripple welcomes MiCA regulation as US lawsuit highlights lack of clarity
Ripple’s operations gear up in Europe and Asia despite an ongoing lawsuit with the U.S. Securities and Exchange Commission.
Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance
This week’s Crypto Biz explores Google expanding its Web3 program, the U.K.’s $125 AI pledge, FTX selling LedgerX and Binance.US backing out of its Voyager purchase.
UK financial watchdog to crypto industry: ‘Let’s work together’
The Financial Conduct Authority wants input from crypto companies on moving forward with regulations.
Gold Slides on Higher US Treasury Yields, Dollar
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate…
LinksDAO wins bid to buy its first golf course, says CEO
The successful bid comes a month after 88.6% of LinksDAO token holders voted in favor of putting in a “compelling offer” for the golf course in its governance vote.
Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges
Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow…
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