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Elton John, Paul McCartney Warn UK Government Over AI Copyright Threat
Two of Britain's leading music icons, Elton John and Paul McCartney, urged the UK government on Sunday to protect creative artists from AI, as ministers consult on changing copyright laws.
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US DFS, Bank of England Announce Transatlantic Regulatory Exchange to ‘Harmonise’ Digital Assets Regulations
The initiative is named the ‘Transatlantic Regulatory Exchange (TRE)’. It was officially announced on January 13 by Adrienne A. Harris, the superintendent of the DFS. The programme allows the DFS and the BOE to share regulatory approaches and information required to chalk out the legal framework to govern digital assets like cryptocurrencies. ...
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Apple Fights $1.8 Billion App Store Lawsuit in First of UK Class Actions Against Tech Giants
Apple is facing a mass lawsuit brought on behalf of around 20 million iPhone and iPad users in the United Kingdom, who were allegedly overcharged for app purchases. Apple, however, says the case is meritless and overlooks the benefits to consumers of the integrated approach of its iOS operating system, which prioritises security and privacy.
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Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations
Standard Chartered will now be offering crypto and digital asset custody services to its customers in Luxembourg. According to an official announcement post, the lender explained its decision to choose Luxembourg as its first crypto hub in the EU owing to its well-balanced regulatory and financial ecosystem.
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XL Bully Ban Sparks Rise Of A 'Killing Machine' 50 Kg Dog Breed In Britain
Experts warn that this breed could pose similar, if not greater, dangers, comparing it to an "XL bully on steroids."
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Google to Update Its Crypto Ads Policy in the UK Starting January 15: All Details
Starting January 15, all cryptocurrency platforms wishing to advertise on Google must demonstrate that they hold a registration license from the UK’s Financial Conduct Authority (FCA). This measure ensures Google’s compliance with the UK’s regulations governing the marketing of cryptocurrency products.
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UK's Ofcom to Tweak Social Media Rules in Response to Summer Riots
To regulate social media practices, Ofcom said it is planning additional measures for next spring that include new proposals for removing material tied to child sexual abuse and terrorism. It will also introduce “crisis response protocols for emergency events.”
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Bank of England's Prudential Regulation Authority Directs UK Firms to Disclose Crypto Exposure Status
The Bank of England's Prudential Regulation Authority (PRA) has issued a directive to local enterprises to disclose their crypto holdings, if any. The PRA is touted as a BOE-affiliated financial watchdog in the UK.
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UK to Finalise Crypto Legislation by 2026, FCA Outlines Regulations Roadmap
The UK's Financial Conduct Authority (FCA) has set a deadline of 2026 to finalise its crypto legislation. So far this year, the FCA has participated in several roundtable discussions to gather insights from investors and regulators on the necessary regulatory framework for crypto.
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UK's Competition and Markets Authority Remains Concerned Over's Google's Ad Privacy Plan
The Competition and Markets Authority (CMA) of the UK has said on Tuesday that "concerns remain" over the company's plans to retain third-party cookies as part of its Chrome browser.
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Meta To Start Using Public Posts On Facebook, Instagram In UK To Train AI
Facebook and Instagram users in the UK will start receiving in-app notifications from next week explaining the company's procedure and how users can object to their data being used.
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UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions
A recent report by the UK Financial Conduct Authority (FCA) has said that they have rejected 90 percent of the registration applications of crypto firms in recent times. Inconsistencies with security measures against frauds and money laundering activities have emerged among top reasons for licence rejection.
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US, Britain, EU to Sign First International AI Treaty
The first legally binding international AI treaty will be open for signing on Thursday with the US, the UK, and the EU coming together for this. The signatories can choose to adopt or maintain legislative, administrative or other measures to give effect to the provisions.
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Coinbase Adds Three New Board Members Including OpenAI's Chris Lehane
Coinbase has onboarded three new board members. These include Chris Lehane, a member of the executive team at OpenAI; Paul Clement, former US Solicitor General under President George W. Bush; and Christa Davies, chief financial officer for Aon.
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TikTok Fined $2.4 Million By UK Over Child Safety Data Reporting
British telecommunications regulator Ofcom said Wednesday it had handed video sharing platform TikTok a 1.9 million pound ($2.4 million) fine for failing to timely make available safety data.
-
Elton John, Paul McCartney Warn UK Government Over AI Copyright Threat
Two of Britain's leading music icons, Elton John and Paul McCartney, urged the UK government on Sunday to protect creative artists from AI, as ministers consult on changing copyright laws.
-
US DFS, Bank of England Announce Transatlantic Regulatory Exchange to ‘Harmonise’ Digital Assets Regulations
The initiative is named the ‘Transatlantic Regulatory Exchange (TRE)’. It was officially announced on January 13 by Adrienne A. Harris, the superintendent of the DFS. The programme allows the DFS and the BOE to share regulatory approaches and information required to chalk out the legal framework to govern digital assets like cryptocurrencies. ...
-
Apple Fights $1.8 Billion App Store Lawsuit in First of UK Class Actions Against Tech Giants
Apple is facing a mass lawsuit brought on behalf of around 20 million iPhone and iPad users in the United Kingdom, who were allegedly overcharged for app purchases. Apple, however, says the case is meritless and overlooks the benefits to consumers of the integrated approach of its iOS operating system, which prioritises security and privacy.
-
Standard Chartered Introduces Crypto Service in Luxembourg Under MiCA Regulations
Standard Chartered will now be offering crypto and digital asset custody services to its customers in Luxembourg. According to an official announcement post, the lender explained its decision to choose Luxembourg as its first crypto hub in the EU owing to its well-balanced regulatory and financial ecosystem.
-
XL Bully Ban Sparks Rise Of A 'Killing Machine' 50 Kg Dog Breed In Britain
Experts warn that this breed could pose similar, if not greater, dangers, comparing it to an "XL bully on steroids."
-
Google to Update Its Crypto Ads Policy in the UK Starting January 15: All Details
Starting January 15, all cryptocurrency platforms wishing to advertise on Google must demonstrate that they hold a registration license from the UK’s Financial Conduct Authority (FCA). This measure ensures Google’s compliance with the UK’s regulations governing the marketing of cryptocurrency products.
-
UK's Ofcom to Tweak Social Media Rules in Response to Summer Riots
To regulate social media practices, Ofcom said it is planning additional measures for next spring that include new proposals for removing material tied to child sexual abuse and terrorism. It will also introduce “crisis response protocols for emergency events.”
-
Bank of England's Prudential Regulation Authority Directs UK Firms to Disclose Crypto Exposure Status
The Bank of England's Prudential Regulation Authority (PRA) has issued a directive to local enterprises to disclose their crypto holdings, if any. The PRA is touted as a BOE-affiliated financial watchdog in the UK.
-
UK to Finalise Crypto Legislation by 2026, FCA Outlines Regulations Roadmap
The UK's Financial Conduct Authority (FCA) has set a deadline of 2026 to finalise its crypto legislation. So far this year, the FCA has participated in several roundtable discussions to gather insights from investors and regulators on the necessary regulatory framework for crypto.
-
UK's Competition and Markets Authority Remains Concerned Over's Google's Ad Privacy Plan
The Competition and Markets Authority (CMA) of the UK has said on Tuesday that "concerns remain" over the company's plans to retain third-party cookies as part of its Chrome browser.
-
Meta To Start Using Public Posts On Facebook, Instagram In UK To Train AI
Facebook and Instagram users in the UK will start receiving in-app notifications from next week explaining the company's procedure and how users can object to their data being used.
-
UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions
A recent report by the UK Financial Conduct Authority (FCA) has said that they have rejected 90 percent of the registration applications of crypto firms in recent times. Inconsistencies with security measures against frauds and money laundering activities have emerged among top reasons for licence rejection.
-
US, Britain, EU to Sign First International AI Treaty
The first legally binding international AI treaty will be open for signing on Thursday with the US, the UK, and the EU coming together for this. The signatories can choose to adopt or maintain legislative, administrative or other measures to give effect to the provisions.
-
Coinbase Adds Three New Board Members Including OpenAI's Chris Lehane
Coinbase has onboarded three new board members. These include Chris Lehane, a member of the executive team at OpenAI; Paul Clement, former US Solicitor General under President George W. Bush; and Christa Davies, chief financial officer for Aon.
-
TikTok Fined $2.4 Million By UK Over Child Safety Data Reporting
British telecommunications regulator Ofcom said Wednesday it had handed video sharing platform TikTok a 1.9 million pound ($2.4 million) fine for failing to timely make available safety data.
