UK - page 14

News

Binance Cancels UK Registration

Binance cancels registration in the UK amid regulatory checks.

Blockchain & Crypto

BIS and Bank of England Complete CBDC Project

The pilot project of using the central bank’s digital currency (CBDC), in which the Bank of England (BoE) and the Bank for International Settlements (BIS) participated, has been completed.

News

Backbase Acquires Digital Wealth Platform Nucoro

Backbase, a global provider of banking software, has acquired London-based firm Nucoro.

Science & Technology

Synthesia Joins Unicorn Club Amid Flurry of AI Investments

The British company Synthesia, which specializes in developments in the field of artificial intelligence, announced that following the results of the Series C financing round, it managed to raise investment funds in the amount of $90 million.

Science & Technology

Sunak Pitches UK as Home of AI Safety Regulation

British Prime Minister Rishi Sunak on Monday, June 12, during a speech at a technical conference in London, called the United Kingdom the center of artificial intelligence and regulation of the technology sector.

Science & Technology

Sunak Keeps Up Push to Make UK Leader in AI Regulation

British Prime Minister Rishi Sunak on Monday, June 12, according to information available to the media, will make a statement, which will be a continuation of his consistent public campaign aimed at promoting the claim that the United Kingdom should become a leader in regulating of the development and dissemination of artificial intelligence.

Fintech & Ecommerce

HSBC Launches Startup and Tech-Focused Innovation Banking Unit

HSBC rebrands and expands previously acquired SVB UK as the HSBC Innovation Banking unit to provide banking services to the startup, investor, and broader tech community

Blockchain & Crypto

a16z Crypto Expands to UK

A “predictable business environment” is one of the main factors behind a16z crypto decision to expand to the UK

News

FCA Introduces Crypto Advertising Limits

The UK Financial Conduct Authority (FCA) is going to introduce tougher rules for the marketing of crypto assets, designed to ensure those who buy crypto understand the risk

News

NatWest and Edinburgh University Launch New Innovation Centre

NatWest Group and the University of Edinburgh are jointly implementing a project aimed at implementing efforts to create a Center for Purpose-Driven Innovation in Banking.

Society & Lifestyle

Starling Bank Enables ‘Hide References’ to Aid Economic Abuse Victims

Starling Bank launched an unprecedented feature that enables abuse victims to switch off intimidating and offensive payment references that can accompany bank transfers

Fintech & Ecommerce

Standard Life Partners Moneyhub for Open Finance Integration

Standard Life is teaming up with Moneyhub to roll out the open financial instrument Money Mindset.

News

UK Neobank Monzo Records First Monthly Profits

British neobank Monzo said that it managed to achieve profitability.

Fintech & Ecommerce

Barclays Bank Invests £3 Million in Trade Ledger

Barclays Bank has directed investments of 3 million pounds to the development of Trade Ledger.

News

Coinbase Introduces Zero Trading Fee Subscription

Coinbase’s new subscription service, “Coinbase One,” provides a range of exclusive benefits and features besides zero-fee trading

News

BT to Cut 55,000 Jobs

Telecommunications giant BT has announced its intention to cut 55,000 jobs by the end of this decade.