britain – DIGIT INFO

Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case

DIGIT — Tue, 16 Jul 2024 12:06:21 +0000

Craig Wright has been referred for criminal investigation in Britain for alleged perjury. Wright claimed to have authored the foundational 2008 Bitcoin white paper under the pseudonym “Satoshi Nakamoto.” He pursued litigation globally, including in the UK and the U.S., asserting his claim. The Crypto Open Patent Alliance, including Block, founded by Twitter’s Jack Dorsey, […]

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Britain’s public healthcare chief flags rise in crypto trading addiction

DIGIT — Thu, 13 Jun 2024 02:24:06 +0000

NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions.

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Crypto firms have already breached new UK promo rules 221 times, says FCA

DIGIT — Thu, 26 Oct 2023 01:36:33 +0000

Many of the firms the FCA warned were breaching the new rules appear to be dubious high-yield return schemes, but legitimate firms have seen warnings too.

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UK politicians don metaverse avatars as they share Web3 roadmap

DIGIT — Thu, 21 Sep 2023 05:55:57 +0000

“Web3 represents a paradigm shift that reimagines the very fabric of the internet,” said British MP Natalie Elphicke.

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UK to spend $130M on AI chips amid scramble to buy up computing power

DIGIT — Mon, 21 Aug 2023 02:42:25 +0000

The chips will be used to set up an AI resource as a recent report said 20% of firms can’t get enough computing power for AI.

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Crypto memes can be considered financial promotions, says UK watchdog

DIGIT — Tue, 18 Jul 2023 03:04:59 +0000

Memes found to be non-compliant with financial promotion rules could carry up to two years in jail under a proposal from the FCA.

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Binance UK office one of 2,403 companies sharing ‘utility closet’ in Suffolk

DIGIT — Tue, 20 Jun 2023 06:28:45 +0000

Binance has drawn attention for using a small building as its registered office in the UK, but tech firms have used a similar trick for years.

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AI should be regulated like medicine and nuclear power: UK minister

DIGIT — Tue, 06 Jun 2023 08:20:03 +0000

A minister from the United Kingdom’s opposition party says artificial intelligence should be licensed and regulated in a similar way to the pharmaceutical and nuclear industries.

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Bank of England opens applications for ‘proof of concept’ CBDC wallet

DIGIT — Mon, 12 Dec 2022 05:34:40 +0000

The bank requires the wallet to execute basic features such as transacting value and requesting payments and set its budget at nearly $255,000.

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Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October

DIGIT — Mon, 10 Oct 2022 16:30:30 +0000

After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated bonds again. Approximately two weeks later, the BOE detailed on Monday that it was doubling the size of its debt buy-backs by […]

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