UKs

UK’s FCA groups up with Nvidia to let banks experiment with AI

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UK’s FCA groups up with Nvidia to let banks experiment with AI

Jakub Porzycki | Nurphoto | Getty Images LONDON — Britain’s financial services watchdog on Monday announced a new tie-up with U.S. chipmaker Nvidia to let banks safely experiment with artificial intelligence. The Financial Conduct Authority said it will launch a so-called Supercharged Sandbox that will “give firms access to better data, technical expertise and regulatory … Read more

UK’s FCA to carry ban on crypto ETNs — this is what it means

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UK’s FCA to carry ban on crypto ETNs — this is what it means

LONDON — The U.K. is set to lift a ban on a key type of crypto debt security in a bid to catch up to the U.S. and other financial hubs as it looks to become a global hub for digital assets. On Friday, the Financial Conduct Authority, the U.K.’s main regulator for financial services, … Read more