While the overall cryptocurrency market appears to be unwaveringly bearish, some investors think the downtrend is a good time to get into the industry. UK financial giant Barclays is looking to invest in a cryptocurrency project.
The United Kingdom has declined to implement a European Union rule requiring EU governments to monitor transactions on non-hosted digital wallets. The UK preferred to monitor transactions above a certain minimum amount to ensure compliance with financial regulations.
It seems regulators will not leave Meta, the parent company behind Facebook and Instagram, alone, even after the company abandoned its cryptocurrency projects. The new regulations drafted in the UK will target Metaverse developments.
The Covid 19 pandemic has forced many companies to adopt work from home (WFH). Many firms prefer flexible working arrangements despite the risks involved. The UK Financial Conduct Authority (FCA), for example, has poured millions into improving WFH operations.
As artificial intelligence (AI) is widely used in numerous areas of human life, there is a need to regulate it in order to eliminate the potential dangers of the technology. For this reason, Russia has developed a Code of Conduct for this innovation.