Browsing Tag
Uk
80 posts
UK Inflation Falls to 7.9% in June: Drops 0.8% From May
In June, UK’s inflation rate decreased to 7.9%, as reported by the Office for National Statistics. This figure…
93% of Banks Working on CBDCs: India, EU, UK, Intently Exploring
Central Bank Digital Currencies, or CBDCs, are touted to be the future of money. Several nations across the…
UK Sets New Standards for Cryptocurrency Regulations
The UK officially passed a bill acknowledging cryptocurrencies as a regulated financial activity within its jurisdiction. The bill…
UK Lords Approve Bill to Confiscate & Freeze Crime-Linked Crypto
The UK voted to recognize cryptocurrencies as regulated financial instruments and products in October 2022. The bill discussed…
UK Passes Bill Recognizing Crypto as Regulated Financial Activity
The UK has officially passed a bill that recognizes crypto as a regulated financial activity within the country.…
UK’s Bank of England Moves Closer to Launching its CBDC
The Bank for International Settlements (BIS) and the Bank of England (BOE) launched Project Rosalind last year. The…
U.K. Authorities Raid Sites With Illegal Crypto ATMs
The Financial Conduct Authority (FCA), the U.K.’s (United Kingdom) financial watchdog, is keeping up its campaign against illegal…
UK’s ‘Safe AI’ Taskforce Granted $125 Million
Artificial Intelligence [AI] has managed to amass immense popularity, thanks to the emergence of OpenAI’s ChatGPT. However, the…
UK Blocks $69 Billion Microsoft-Activision Deal
According to reports, U.K. regulators have blocked Microsoft’s acquisition of Activision Blizzard. The deal worth $69 billion was…
UK’s FCA to ‘Disrupt’ Illegal Cryptocurrency ATMs
Cryptocurrency Automated Teller Machines [ATMs] have played a crucial role in fostering mainstream adoption. Such machines are nothing…