Search Results for "uk"
Microsoft's 2.5 billion GBP Investment in UK AI: Catalyst for Innovation and Growth
Microsoft's significant investment in the UK's AI infrastructure is expected to significantly enhance the country's technology sector and its global AI standing.
Ukrainian President Signs Law to Establish Regulatory Framework for Crypto
Amidst the ongoing war on its shores, Ukraine President Volodymyr Zelenskyy has signed into law the bill that will legalize digital currencies in the country.
Binance Launches Refugee Crypto Card for Displaced Ukrainians
Binance said that it has launched the Binance Refugee Crypto Card for Binance users from Ukraine who were forced to move to the European Economic Area countries due to the ongoing war with Russia.
SEC Charges UK Audit Firm Crowe and Senior Executives Over Deficient Audit of Akazoo
SEC charges Crowe U.K. LLP, CEO Nigel Bostock, and auditor Matthew Stallabrass over flawed Akazoo audit. Akazoo's 2018 report falsely claimed $120M revenue. Settlements agreed; penalties total $785,000. Both executives face SEC suspensions.
UK Regulator Examines AI Impact
The UK Competition and Markets Authority (CMA) is examining the impact of AI on consumers and the economy, with a focus on foundation models. The regulator plans to examine their usage against key principles, including transparency and accountability. The review aims to help develop AI in ways that ensure open, competitive markets and effective consumer protection, with guiding principles for consumer protection and healthy competition to be produced. The findings are set to be published in September 2023.
The Russia-Ukraine War Might Accelerate CBDC Issuance, Former BOJ Official Says
The sanctions slapped on Russia based on its invasion of Ukraine might prompt more nations to adopt CBDCs as a shield against the U.S. dollar’s supremacy in the global financial system.
Protests Erupt as Alexander Lukashenko Wins Disputed Landslide Election in Crypto Forward Belarus
In Belarus, a highly contested election victory for longstanding President Alexander Lukashenko over Svetlana Tikhanovskaya has erupted in protests. Despite the dispute, the Soviet forged dictator’s stay of power may be good news for crypto.
UK Regulator Issues Fresh Warning to Crypto Firms amid Key Deadline Approaches
FCA issued a release with an even more direct message notifying crypto firms that they must bring their operations into compliance within the law or face potential regulatory action.
Ukraine Launches ‘NFT Museum’ to Remember the War and Raise Funds
Ukraine is leveraging blockchain technology to keep the memory of war and celebrate Ukrainian freedom and identity.
UK to Invest in AI Task Force
UK officials announced the allocation of £100 million in funding to support an AI task force to accelerate the country's readiness for AI adoption. The task force will prioritize public services and will aim to ensure safe and reliable foundation models for AI use.
Meet the UK Soccer Team Backed by Bitcoin
Real Bedford, a new English lower league club, has been significantly boosted by a Bitcoin investment from the Winklevoss twins. The twins, known for their role in Facebook and the Gemini crypto exchange, aim to help Real Bedford climb the soccer league pyramid.
UK Government Explores IP Challenges in Emergent Metaverse Ecosystems
A new UK government report delves into the complex realm of IP issues within the Metaverse, highlighting the lack of consensus on its definition and the IP challenges it poses.