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Britain to Introduce New Bill to Crack Down on Crypto Crime

Britain to Introduce New Bill to Crack Down on Crypto Crime

The U.K. Parliament passed the first readings of an anti-money laundering bill against crypto, which aims to empower law enforcement agencies to seize, freeze or recover crypto in illegal activities.

Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows

Cryptocurrencies to Become a Standard Payment Option, Paysafe Study Shows

Multinational online payments company Paysafe has conducted a study, showing that 60% of the respondents believe that crypto purchases will become widespread in one year.

UK FCA Shares Concerns on Binance-Paysafe Deal

UK FCA Shares Concerns on Binance-Paysafe Deal

The United Kingdom’s Financial Conduct Authority (FCA) has shared its concerns about the recent partnership between Binance Exchange and Paysafe.

UK Regulator FCA Appoints Victoria McLoughlin as Interim Head of Digital Assets Division

UK Regulator FCA Appoints Victoria McLoughlin as Interim Head of Digital Assets Division

The regulator hired as its experienced law veteran to strengthen its team and lead FCA’s digital assets department.

UK’s First Regulated Crypto Bank to be Launched by Former Barclays Tech Head

UK’s First Regulated Crypto Bank to be Launched by Former Barclays Tech Head

The former Head of Technology for the Barclays group, and former CTO at Starling Bank in the UK, Mark Hipperson is planning to launch a regulated crypto bank with his digital banking venture Ziglu.

Crypto Can Stir Radical Improvements in Financial Services: BoE Deputy Gov

Crypto Can Stir Radical Improvements in Financial Services: BoE Deputy Gov

Deputy Governor of the Bank of England, Sir John Cunliffe has pointed out that cryptos are viable enough to push “radical improvements in financial services.”

US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions

US and UK Clamp Down on Trickbot Ransomware Group Behind $833M in Extortions

The US and UK have sanctioned eleven members of Russia-based ransomware group Trickbot, following a previous sanction of seven. The sanctions are part of a global effort to combat cybercrime in the blockchain-dominated era.

UK to Invest 100m Pounds in Global AI Chips Race

UK to Invest 100m Pounds in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

UK Invests 100M Pound in AI: Pioneering Healthcare Innovation and Regulatory Frameworks

UK Invests 100M Pound in AI: Pioneering Healthcare Innovation and Regulatory Frameworks

The UK government announces a £100 million investment to establish AI research hubs and enhance regulatory frameworks, focusing on healthcare, chemistry, and mathematics, alongside global partnerships for responsible AI practices.

UK to Invest £100m in Global AI Chips Race

UK to Invest £100m in Global AI Chips Race

The UK government commits £100M to fortify its position in the AI chip market, targeting essential components from Nvidia, AMD, and Intel. Despite this, concerns arise about the UK's global semiconductor share and its comparison to the US and EU investments. Amid geopolitical tensions, the UK plans an AI summit and emphasizes its dedication to being a global AI leader.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

UK Financial Watchdog Increased Crypto Investigations by 74% in 2019

UK Financial Watchdog Increased Crypto Investigations by 74% in 2019

The Financial Conduct Authority (FCA), the primary financial regulatory body in the United Kingdom, has seen a sharp rise of 74% in crypto-related investigations in 2019.

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