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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.
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Britain's New Government Aims To Regulate Most Powerful AI Models
UK PM Keir Starmer's government said it would seek to establish appropriate legislation to place requirements on those working to develop "the most powerful AI models." Under Sunak, the government avoided introducing targeted AI regulation.
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Ireland Bans This Dog Breed After Fatal Attack Results In Woman's Death
The XL bully, the largest breed of American bully dogs, is known for its muscular build and strength and is already regulated in the UK.
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Another Official From UK PM Rishi Sunak's Party Probed Over Election Bets: Report
An official from Prime Minister Rishi Sunak's Conservative Party is being investigated by Britain's gambling regulator over allegations he placed bets on the date of the general election before it was announced, the Sunday Times reported.
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iPhone 15 Lineup Will Get Five Years of Software Support, Apple Confirms; Less Than Google, Samsung
Apple usually does not reveal how many software updates an iPhone will get but it is known for providing long software support for its phones. Thanks to a new regulation in the UK, Apple has finally specified a minimum support window for its iPhone 15 family and it is less than what Google and Samsung now offer.
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British Regulator To Probe OnlyFans Over Age-Verification Measures
Britain's media regulator Ofcom has opened an investigation into whether adults-only website OnlyFans is doing enough to prevent children accessing pornography on its platform, Ofcom said on Wednesday.
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Quarter Of UK Children Aged 5-7 Have Smart Phone: Study
Around a quarter of British children aged between five and seven-years-old now have a smart phone, a study by the UK communications regulator said on Friday.
-
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.
-
Britain's New Government Aims To Regulate Most Powerful AI Models
UK PM Keir Starmer's government said it would seek to establish appropriate legislation to place requirements on those working to develop "the most powerful AI models." Under Sunak, the government avoided introducing targeted AI regulation.
-
Ireland Bans This Dog Breed After Fatal Attack Results In Woman's Death
The XL bully, the largest breed of American bully dogs, is known for its muscular build and strength and is already regulated in the UK.
-
Another Official From UK PM Rishi Sunak's Party Probed Over Election Bets: Report
An official from Prime Minister Rishi Sunak's Conservative Party is being investigated by Britain's gambling regulator over allegations he placed bets on the date of the general election before it was announced, the Sunday Times reported.
-
iPhone 15 Lineup Will Get Five Years of Software Support, Apple Confirms; Less Than Google, Samsung
Apple usually does not reveal how many software updates an iPhone will get but it is known for providing long software support for its phones. Thanks to a new regulation in the UK, Apple has finally specified a minimum support window for its iPhone 15 family and it is less than what Google and Samsung now offer.
-
British Regulator To Probe OnlyFans Over Age-Verification Measures
Britain's media regulator Ofcom has opened an investigation into whether adults-only website OnlyFans is doing enough to prevent children accessing pornography on its platform, Ofcom said on Wednesday.
-
Quarter Of UK Children Aged 5-7 Have Smart Phone: Study
Around a quarter of British children aged between five and seven-years-old now have a smart phone, a study by the UK communications regulator said on Friday.
