Category UK

UK’s Financial Conduct Authority (FCA) says it imposed a fine of £3,503,546 or about $4.5 million on CB Payments Limited (CBPL) for violating the v...

Large language models (LLMs) trained on previous iterations of AI-generated material produce outputs that lack substance and nuance, a new study ha...

The UK Financial Conduct Authority (FCA) has fined Coinbase’s payments arm, CB Payments Limited, £3,503,546 for breaching compliance rules by servi...

The company agreed to address the issue and received a 30% reduction on its fine from the FCA.

Two crypto companies, Coinbase and Revolut, suffered contrasting fortunes in the hands of the UK authorities during the past week. Coinbase fined T...