United Kingdom

US Lawmakers Propose Bill To Impose Platform Content Moderation
US Lawmakers Propose Bill To Impose Platform Content Moderation
February 16, 2022  |  Big Tech

On Wednesday, Senators Richard Blumenthal (D., Conn) and Marsha Blackburn (R., Tenn.) will introduce bipartisan legislation, dubbed the Kids Online Safety Act, aimed at holding...

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UK Banks Get the First Taste of What AI Regulation May Look Like 
UK Banks Get the First Taste of What AI Regulation May Look Like 
February 14, 2022  |  artificial intelligence

Banks in the U.K. have been warned by financial regulators not to use artificial intelligence systems to approve loan applications unless they can prove that...

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Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only One 
Bank of England Takes the Slow Lane for CBDCs, and It is Not the Only...
February 07, 2022  |  CBDC

The Bank of England, like many other central banks around the world, is still weighing the pros and cons of issuing a central bank digital...

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UK Seeks Its Place to Shape Global Standards in Artificial Intelligence
UK Seeks Its Place to Shape Global Standards in Artificial Intelligence
January 31, 2022  |  artificial intelligence

The U.K. government has launched a new AI Standard Hub as part of its National AI Strategy that will aim to increase the U.K. contribution...

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UK Law Could Hold Automakers, Software Firms Accountable in Autonomous Cars
UK Law Could Hold Automakers, Software Firms Accountable in Autonomous Cars
January 28, 2022  |  Regulation

The Law Commission of England and Wales and the Scottish Law Commission released a final 315-page report on January 26 recommending the U.K. and Scottish...

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UK Payments Regulator Seeks More Transparency in Card-Acquiring Market
UK Payments Regulator Seeks More Transparency in Card-Acquiring Market
January 27, 2022  |  Regulation

The U.K. Payment Systems Regulator (PSR) published a public consultation on January 26 in which it considers applying four potential remedies in the card-acquiring market. ...

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Vodafone to Prioritize 4G and 5G Rollout by Retiring 3G Network in UK in 2023
Vodafone to Prioritize 4G and 5G Rollout by Retiring 3G Network in UK in 2023
January 26, 2022  |  International

British technology communications company Vodafone has announced that it will begin the retirement of its legacy 3G network next year as part of the company’s...

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Klarna Intros Physical Card in UK
Klarna Intros Physical Card in UK
January 26, 2022  |  BNPL

Buy now pay later (BNPL) banking platform Klarna is introducing a physical Visa card in the U.K. that already has a waitlist of 400,000, according...

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UK Parliament Committee Sees More Risks Than Benefits in CBDCs
UK Parliament Committee Sees More Risks Than Benefits in CBDCs
January 13, 2022  |  CBDC

The Economic Affairs Committee at the U.K. House of Lords published a report on January 13 casting doubts about the benefits of creating a retail...

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