UK AI Opportunities Action Plan: Decoded

Bloc in talks to use American AI model in first expansion outside US and UK

The post British Pound: UK faces tighter policy and sticky inflation – BNP Paribas appeared on BitcoinEthereumNews.com. BNP Paribas expects UK economic growth to slow to 0.7% in 2026 from 1.4% in 2025, with quarterly momentum dropping to about 0.1%. Inflation is projected to rise to 3.4% before easing only gradually, keeping it above the BoE target. Monetary policy is seen tightening by 50 bps in 2026, while 10-year gilt yields stay elevated before falling to 4.30% in 2027. Growth slowdown and delayed relief for gilt yields “Economic activity is expected to slow down in 2026, with growth limited to 0.7% after 1.4% in 2025; following a forecasted +0.4% q/q in Q1, the average quarterly pace would fall to around +0.1%.” “This slowdown would occur against a backdrop of renewed inflationary pressures triggered by the war in Iran: inflation would reach 3.4% y/y before easing only gradually to 3.23% y/y in 2027, remaining well above BoE’s target.” “In this context, and contrary to the initial

Coalition of more than 100 organisations says move could lead to more children ending up in adult detention facilities A coalition of more than a hundred refugee children’s organisations has said controversial plans to use AI to assess the age of young asylum seekers could lead to more children wrongly ending up in adult prisons or detention centres. The warning follows a Home Office announcement on Friday of a contract to roll out AI facial age estimation technology on young asylum seekers whose age is disputed. Continue reading...

Federal Reserve governor Christopher Waller told a conference on Sunday that stablecoins expand the reach of US policy while the Bank of England’s Megan Greene expects their popularity will soon fade.

The post UK treats crypto network like a sanctioned bank after claims it processed $90B for Russia appeared on BitcoinEthereumNews.com. Western governments spent three years building what they believed was an airtight financial blockade around Russia, severing its banks from SWIFT, freezing sovereign reserves, and barring major institutions from clearing dollar transactions. And according to British authorities, Russia may have spent much of that same period engineering an alternative financial system designed to circumvent it entirely. On May 26, the UK’s Foreign, Commonwealth & Development Office sanctioned 18 entities and individuals, including Huobi (HTX), a Justin Sun-advised exchange that processed $3.3 trillion in trading volume in 2025, and a Kyrgyzstan-linked stablecoin issuer, for allegedly helping Russia evade Western restrictions. What distinguishes this package of sanctions from previous attempts is the legal instrument Britain reached for. For the first time, the UK appli

Businesses operating in the United Kingdom must now freeze assets and transactions connected to the sanctioned platforms.

Aave’s UK subsidiaries Push Labs Limited and Push Virtual Assets Limited secured FCA crypto registration. The approval creates a dual regulatory structure combining crypto exchange and EMI authorization in the UK. Push will launch zero-fee pound-to-stablecoin on-ramps and off-ramps for UK users. Aave Labs has won two licenses in the UK, a significant milestone for […] The post Aave Labs Secures Dual UK Licenses for Crypto Payments Push appeared first on Live Bitcoin News.

The post Aave Labs’ Push Gains UK FCA Crypto Registration appeared on BitcoinEthereumNews.com. Aave Labs’ UK subsidiaries, Push Labs Ltd. and Push Virtual Assets Ltd., known together as Push, received Financial Conduct Authority (FCA) cryptoasset registration as cryptoasset exchange providers under the UK’s current Anti-Money Laundering regime. The registration was obtained for “certain cryptoasset activities” and supports the decentralized finance (DeFi) company’s plans to build regulated stablecoin on- and off-ramping infrastructure in the country, Aave said Thursday. Aave Labs’ Push describes itself as a “simple way to move between Euros and stablecoins,” according to its homepage. The FCA’s online registry shows that the London-headquartered firm has been registered with the regulator since May 12. The regulatory greenlight allows the subsidiary of the largest decentralized lending protocol to develop its on- and off-ramping stablecoin infrastructure under regulatory permission in