UK Reportedly Orders Apple to Give it Access to Users’ Encrypted Accounts

UK Reportedly Orders Apple to Give it Access to Users’ Encrypted Accounts

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Britain’s security officials have ordered that Apple create a so-called ‘back door’ allowing them to retrieve all the content any Apple user worldwide has uploaded to the cloud, The Washington Post reported on Friday citing people familiar with the matter. The iPhone maker…

Coinbase Acquires UK FCA’s VASP Licence to Offer ‘Better’ Suite of Crypto Services

Coinbase Acquires UK FCA’s VASP Licence to Offer ‘Better’ Suite of Crypto Services

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Coinbase has received approval to operate as a regulated crypto exchange in the UK. The country’s Financial Conduct Authority (FCA) has granted the firm a Virtual Asset Service Provider (VASP) licence. The US-based exchange announced the development on Monday, stating that it would…

Google to Update Its Crypto Ads Policy in the UK Starting January 15: All Details

Google to Update Its Crypto Ads Policy in the UK Starting January 15: All Details

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The UK is intensifying oversight of cryptocurrency-related advertisements. To align with the country’s crypto advertising regulations, Google is updating its advertising policies this month. UK authorities aim to ensure that only crypto firms compliant with its legal and marketing standards can advertise to…

Bank of England’s Prudential Regulation Authority Directs UK Firms to Disclose Crypto Exposure Status

Bank of England’s Prudential Regulation Authority Directs UK Firms to Disclose Crypto Exposure Status

ByNews Polite

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates The Bank of England (BoE) is trying to get the sense of how local businesses are viewing and engaging with cryptocurrencies in the UK. In a notable development, the Prudential Regulation Authority (PRA) has issued a directive to local enterprises to disclose their…

Bank of England’s Prudential Regulation Authority Directs UK Firms to Disclose Crypto Exposure Status

UK Says 90 Percent Crypto Firms Applying for Licence Lacks Money Laundering, Fraud Precautions

ByNews Polite

As the UK aims to position itself as a leading hub for Web3 innovation, financial authorities are stepping up efforts to safeguard the crypto sector’s stability and security. A recent report from the UK’s Financial Conduct Authority (FCA) revealed that 90 percent of recent crypto firm registration applications have been…

Crypto Trading Addiction Flagged as Public Health Concern by UK NHS Chief

Crypto Trading Addiction Flagged as Public Health Concern by UK NHS Chief

ByNews Polite

Crypto trading has become an addictive habit among the younger population of the UK, according to National Health Service (NHS) Chief Executive Amanda Pritchard, who has sounded the alarm on the rising cases of crypto trading addiction. Pritchard has called for intervention from the UK lawmakers, flagging the risks associated…

US and UK Announce Partnership on AI Safety and Testing

US and UK Announce Partnership on AI Safety and Testing

ByNews Polite

The United States and Britain on Monday announced a new partnership on the science of artificial intelligence safety, amid growing concerns about upcoming next-generation versions. Commerce Secretary Gina Raimondo and British Technology Secretary Michelle Donelan signed a memorandum of understanding in Washington to jointly develop advanced AI model testing, following…

Binance Stops New User Signups in UK, Says Needs Time to Comply with Rules on Crypto Ads

Binance Stops New User Signups in UK, Says Needs Time to Comply with Rules on Crypto Ads

ByNews Polite

Binance, starting this week, is pausing first-time signups in the UK. The reason behind the crypto exchange’s decision is that it requires some time to get its operations to comply with UK’s laws around crypto marketing and advertisement. The UK is exploring ways to establish itself as a crypto hub….