Will UK Economic Secretary follow through with a ‘crypto crackdown’?
MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government. Go to Source
United Kingdom
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UK Law Commission sees no need for DAO-specific legal entity
The UK Law Commission scoping paper suggested legal reforms for DAOs, a review of the Companies Act and international cooperation on AML and tax frameworks. Go to Source
Tony Blair Institute says AI is good for UK because ChatGPT said so
According to the researchers, automation will save the U.K. billions starting almost immediately but outside analysts aren’t so sure. Go to Source
Labour victory in UK elections renews crypto industry optimism
The Labour Party has promised to make the UK “a global leader in tokenization.” Go to Source
United Kingdom High Court freezes Craig Wright’s assets
The judgment was issued to help podcaster Peter McCormack recover nearly $2 million in legal expenses from a defamation lawsuit filed by Wright. Go to Source
UK crypto advocates call for consistent policy after Labour landslide
At least one industry leader suggested that crypto policy in the United Kingdom would be “business as usual” despite the change in government. Go to Source
UK exit poll suggests Labour Party victory, next PM Keir Starmer
According to a BBC exit poll after a July 4 general election, Labour was set to oust the Conservatives for the first time in 14 years. Go to Source
UK voters call for candidates to consider crypto as election looms
It’s unclear what a Labour Party government could mean for digital assets in the U.K., but according to one poll, many voters want politicians to consider the industry. Go to Source
General election could delay crypto regulation by months — CryptoUK
Whether the U.K. Conservative Party maintains control of government or Labour is voted in, the House of Commons will be in recess until July 4 and during party conference season. Go to Source
EU Commission urged to prepare for blockchain and AI integration
Decentralized AI networks, enhancement of smart contracts and emerging DeFi protocols are some of the upcoming trends in blockchain, according to EUBOF. Go to Source
