uk

UK’s CMA Says Apple and Google Policies ‘Hold Back Innovation’
UK’s CMA Says Apple and Google Policies ‘Hold Back Innovation’
November 22, 2024  |  ANTITRUST

Apple and Google may face a formal investigation into their mobile ecosystem policies in the United Kingdom after a provisional study found that these policies...

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UK to Consider Comprehensive Regulatory Framework for Crypto Sector
UK to Consider Comprehensive Regulatory Framework for Crypto Sector
November 21, 2024  |  Cryptocurrency

The United Kingdom reportedly will consider a comprehensive regulatory framework for the cryptocurrency sector in early 2025. The Labour Party, which came to power in...

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Revolut to Expand Trading Products After Receiving UK License
Revolut to Expand Trading Products After Receiving UK License
November 18, 2024  |  International

Global FinTech Revolut plans to offer its customers in the United Kingdom new trading products and features after receiving a U.K. trading license from the...

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UK Plans More Liberal Crypto Regulations for ‘Second Mover’ Advantage
UK Plans More Liberal Crypto Regulations for ‘Second Mover’ Advantage
November 14, 2024  |  Cryptocurrency

The United Kingdom is reportedly preparing to roll out new cryptocurrency regulations this month. The rules are part of an effort by the U.K. government...

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Revolut Opens in-House Crypto Exchange to 30 European Countries
Revolut Opens in-House Crypto Exchange to 30 European Countries
November 13, 2024  |  Cryptocurrency

After launching in the United Kingdom, Revolut is bringing its cryptocurrency exchange to Europe. Revolut X exchange, designed for professional crypto traders, is now available...

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Big Tech in Spotlight as UK Scrutinizes ‘Critical Third Parties’
Big Tech in Spotlight as UK Scrutinizes ‘Critical Third Parties’
November 12, 2024  |  Regulation

Financial regulators in the United Kingdom issued long-expected rules governing “critical third parties.” The new regulations, expected to go into effect Jan. 1, will govern...

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Fleek Raises $20 Million to Expand Secondhand Apparel Platform
Fleek Raises $20 Million to Expand Secondhand Apparel Platform
November 12, 2024  |  Investments

London-based startup Fleek reportedly raised $20.4 million to expand its secondhand clothing platform. Fleek works with roughly 10,000 resellers and retailers in 70 countries, moving...

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UK’s FCA Fines Metro Bank $21 Million for Money Laundering Protection Lapses
UK’s FCA Fines Metro Bank $21 Million for Money Laundering Protection Lapses
November 12, 2024  |  AML

The United Kingdom’s finance regulator fined Metro Bank for failing to monitor money laundering risks. The Financial Conduct Authority said Metro must pay 16.7 million...

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Anthropic Pushes for Regulations as Britain Launches AI Testing Platform 
Anthropic Pushes for Regulations as Britain Launches AI Testing Platform 
November 06, 2024  |  artificial intelligence

The U.K. government unveiled a standardized digital platform for AI safety verification this week, projecting a 6.5 billion-pound market by 2035, while AI developer Anthropic...

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