United Kingdom | ForkLog

ForkLog 16 30.09.2021

Leaders of Visa, PayPal and Google to help UK authorities study CBDC

The Bank of England and Her Majesty's Treasury announced participants in forums to study the technological and other aspects of central bank digital currency (CBDC). Among them were representatives from Visa, Mastercard, SWIFT, PayPal, Google and other companies and institutions.

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ForkLog 7 27.09.2021

Knife-wielding attackers steal cryptocurrency from UK student

A student at a British university was the victim of an armed robbery. The attackers took passwords to his financial apps and accounts containing cryptocurrency, The Sun reports.

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ForkLog 15 23.09.2021

UK approves AI development strategy to compete with the US and China

The UK government has published a ten-year plan to turn the country into a global “AI superpower,” aiming to compete with the United States and China.

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ForkLog 13 22.09.2021

UK calls for regulation of facial recognition technology.

Facial recognition technology needs regulation just as do certain ethically sensitive medical methods. This was stated by the UK's Surveillance Camera Commissioner, Professor Fraser Sampson.

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ForkLog 12 17.09.2021

Britain begins study of CBDCs

The Lords' Economic Affairs Committee has begun examining central bank digital currencies (CBDCs). The UK Parliament's website reports this.

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ForkLog 23 06.09.2021

FCA warns of tougher regulation of the crypto industry

Regulators should strengthen consumer protection for those investing in cryptocurrencies who do not fully understand the associated risks, but must avoid going to extremes that would backfire, according to FCA head Charles Randell.

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ForkLog 21 03.09.2021

Revolut CEO lays out conditions for IPO

British fintech company Revolut intends to reach annual sales in the billions of dollars before the IPO.

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ForkLog 26 27.08.2021

British schoolboy earns about $350,000 from NFT pixel whales

A 12-year-old Londoner, Benjamin Ahmed, created 3,350 NFTs in the CryptoPunks style and sold them in nine hours.

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ForkLog 14 26.08.2021

British billionaire’s family office to enter the cryptocurrency market

Seek Capital, the $1.2 billion family office of British entrepreneur Simon Nixon, plans to invest in digital assets, according to Bloomberg.

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ForkLog 19 26.08.2021

UK regulator says Binance cannot be properly supervised.

The UK Financial Conduct Authority (FCA) said that the Bitcoin exchange Binance poses a significant risk to consumers and cannot be effectively supervised by the regulator.

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ForkLog 22 25.08.2021

Poll finds only 24% of Britons back rollout of the digital pound

The national digital currency is more likely to harm the United Kingdom than benefit, 30% of Britons think. The opposite view is held by 24%, according to data from a Redfield & Wilton Strategies poll.

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ForkLog 14 23.08.2021

UK to continue investigation into Nvidia–ARM deal

The UK Competition and Markets Authority (CMA) has recommended starting the second phase of the investigation into the Nvidia-ARM deal. The regulator fears that the tech giant could hinder the adoption of innovation in a number of sectors.

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