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Knowledge Innovations > UK

Coinbase CEO warns against AI regulation, calls for decentralization

  • September 25, 2023
  • Theodora Kwening
  • Artificial Intelligence
Brian Armstrong, the CEO of crypto exchange Coinbase, expressed his stance on artificial intelligence (AI) regulation in a recent post on the social media platform X (formerly Twitter). On...
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UK Regulated Liability Network to experiment with digital pound as tokenized deposits

  • September 6, 2023
  • Kwami Ahiabenu
  • Digital Currency
Earlier this year, the Regulated Liability Network (RLN) made a big splash in the United States with trials involving several banks, Mastercard and the New York Federal Reserve. Now the UK Regulated...
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UK launches £1 billion fintech fund to compete with Silicon Valley

  • August 17, 2023
  • Theodora Kwening
  • Opportunities
The U.K. has created an investment vehicle to back growth-stage financial technology companies until they can go public, in a bid to bolster Britain’s global image as a fintech...
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61% of Push Payments Fraud Tied to Meta – UK

  • July 10, 2023
  • Theodora Kwening
  • FinTech Services
British lobbying group UK Finance has reportedly tied a bulk of the country’s digital payments fraud to Meta Platforms.   As the Financial Times reported Sunday (July 9) —...
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Businesses in UK Hungry for AI but Fear Stricter Regulations

  • June 26, 2023
  • Theodora Kwening
  • Artificial Intelligence
Most British businesses – 82 per cent – have expressed a strong inclination to embrace more artificial intelligence technology but are concerned that stricter regulations on AI could hinder...
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A comprehensive critique of “Britcoin”. You’re welcome

  • February 12, 2023
  • Kwami Ahiabenu
  • Digital Currency
Izabella Kaminska The Bank of England and His Majesty’s Treasury announced a joint consultationinto the feasibility of issuing a digital pound this week. The move followed in the footsteps...
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UK likely to get a Digital Currency

  • February 6, 2023
  • Theodora Kwening
  • Digital Currency
The Bank of England (BoE) and Britain’s finance ministry think the UK is likely to need to create a central bank digital currency (CBDC) later this decade, according to...
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UK Watchdog Warns of Price Fixing Among Money Transfer Firms

  • January 26, 2023
  • Theodora Kwening
  • FinTech News
The U.K.’s consumer watchdog has accused three money transfer firms of price fixing. The Financial Conduct Authority (FCA) alleged on Wednesday January 25 news release that Dollar East, Hafiz...
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Card Payments Account for 90% of UK Retail Transactions

  • December 13, 2022
  • Theodora Kwening
  • FinTech Services, Insights
The findings from the British Retail Consortium’s (BRC) 2022 Payments Survey reveal that debit cards have continued to gain ground as the preferred payment method in the U.K., accounting...
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Glint

Glint allows users to spend gold as money

  • March 25, 2022
  • Kwami Ahiabenu
  • FinTech Applications
Meet Glint, a British fintech with an app and debit card that enables users to save, exchange, and spend in physical gold and multiple currencies.“Glint is not a bank...
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Latest Posts

Coinbase CEO warns against AI regulation, calls for decentralization September 25, 2023
EMERGING TECH TRENDS – ETT September 23, 2023 : Insights into technologies shaping the future September 23, 2023
Grace Berlin Accelerator Program for (Aspiring) Female Entrepreneurs September 22, 2023
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Latest Posts

Coinbase CEO warns against AI regulation, calls for decentralization September 25, 2023
EMERGING TECH TRENDS – ETT September 23, 2023 : Insights into technologies shaping the future September 23, 2023
Grace Berlin Accelerator Program for (Aspiring) Female Entrepreneurs September 22, 2023

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