The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks.
According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years.
It’s unclear what a Labour Party government could mean for digital assets in the U.K., but according to one poll, many voters want politicians to consider the industry.
The United Kingdom’s FCA has been combining different approaches to regulating the crypto market to see which one would work best.
Regulators from key crypto markets, including the United Kingdom and Spain, have also taken similar measures against misleading crypto advertisements to minimize losses from crypto investments.
From April 26, police can transfer seized illicit crypto to wallets controlled by the authorities, with victims able to reclaim funds from the accounts.
The U.S. Securities and Exchange Commission wants an extra $158 million to address the “Wild West of the crypto markets.”
A judge has ruled definitively that Craig Wright is not the pseudonymous creator of Bitcoin, dealing a blow to his claims of ownership over the currency’s intellectual property.
The U.K. government received over 50,000 responses to its consultation paper on the formation of a digital pound.
Crypto firms operating on the island would have to meet the qualification requirements for investment business, which were not designed for the crypto market.
Binance has reportedly been turned away by at least three Financial Conduct Authority-authorized partners since October.
The request comes after the U.K.’s top terrorism legislation advisor was “recruited” by AI chatbots posing as terrorists on the Character.AI platform.
The head of the Catholic Church warned humanity of AI’s potential dangers and explained what needs to be done to control it.
The neobank will halt crypto purchases by businesses while it sorts out new ad requirements.
The United Kingdom’s financial regulator has published a pixelated, video game-styled Wild West cartoon to enlighten investors.
UK senior judges have published a set of AI guidelines for the judiciary to follow, which advises how to use AI and warns of the potential risks of using the technology in trials.