UK Regulators “Exposing Consumers to Serious Harm” as AI Oversight Gaps Widen — Committee Warns

UK Regulators “Exposing Consumers to Serious Harm” as AI Oversight Gaps Widen — Committee Warns

UK Parliament warns of AI oversight gaps in finance, potentially harming consumers and the financial system. This has significant implications for the crypto market, particularly regarding AI-driven trading bots and algorithmic stablecoins.

Major Regulatory Win: Ripple Secures UK Regulatory Nod From FCA Amid Global Expansion

Major Regulatory Win: Ripple Secures UK Regulatory Nod From FCA Amid Global Expansion

Ripple secures regulatory approval from the UK’s Financial Conduct Authority (FCA), marking a significant milestone in its global expansion efforts. The approval enables Ripple to expand its operations in the UK, offering its services to a broader range of customers.