Rishi Sunak – DIGIT INFO

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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a16z opening London crypto office citing ‘predictable’ environment

DIGIT — Mon, 12 Jun 2023 03:52:51 +0000

The expansion came following a “productive dialogue” with the U.K. Prime Minister and “months of constructive conversations” with UK policymakers, a16z’s general partner said.

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UK Government Drops Plan to Launch NFT With Royal Mint

DIGIT — Thu, 30 Mar 2023 10:05:04 +0000

The U.K. government has confirmed that it is not proceeding with a plan to launch a non-fungible token (NFT). British Prime Minister Rishi Sunak asked the Royal Mint to create an “NFT for Britain” while he was serving as the Chancellor of the Exchequer last year as part of his efforts to make the U.K. […]

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UK Treasury drops plans for Royal Mint NFT

DIGIT — Tue, 28 Mar 2023 03:09:57 +0000

The Economic Secretary of the Treasury told Parliament has confirmed the project has been put on the back burner, but will “keep this proposal under review.”

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UK Prime Minister Rishi Sunak’s win was a victory for crypto

DIGIT — Fri, 28 Oct 2022 23:21:54 +0000

Cryptocurrency fans have a lot to look forward to with the new prime minister, who has a track record of being highly positive about the industry.

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Rishi Sunak Becomes UK Prime Minister — He Wants to Make Britain a Global Crypto Investment Hub

DIGIT — Wed, 26 Oct 2022 02:00:38 +0000

Britain’s former Chancellor of the Exchequer Rishi Sunak has become the country’s new prime minister, succeeding Liz Truss who resigned after 44 days in office. The leader of the Conservative Party previously said: “It’s my ambition to make the U.K. a global hub for cryptoasset technology.” Rishi Sunak Takes Office as U.K. Prime Minister Rishi […]

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Report: Billionaire Says Britain May Be Forced to Seek Bailout From IMF if It Does Not Renegotiate Brexit Deal

DIGIT — Tue, 25 Oct 2022 08:30:47 +0000

British billionaire investor Guy Hands has reckoned that Britain will become “the sick man of Europe” and may be forced to seek a bailout from the International Monetary Fund (IMF) if it does not renegotiate its Brexit deal. The billionaire insisted the United Kingdom’s current economic woes are the result of a poorly negotiated Brexit […]

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UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation

DIGIT — Tue, 05 Apr 2022 01:00:19 +0000

The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible token (NFT) to be issued by the Summer. U.K. Wants to […]

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