Tag: holding

  • ‘Proceed with caution’ on digital pound by lowering holding limit, MPs warn

    MPs have called on Treasury and Bank of England officials to “proceed with caution” when considering whether to introduce the digital pound, widely known as Britcoin. In a new report issued by the Treasury Select Committee, MPs warned that Britcoin’s introduction could increase the chance of bank runs and put up the cost of borrowing.…

  • Lack of AI rules is holding back investment, says science minister

    A lack of regulation is holding back investment in burgeoning technologies like AI and “guardrails” are needed to make them “investable at scale”, the UK’s science minister warned today.   Speaking with City A.M. at the government’s Global Investment Summit at Hampton Court Palace, the newly appointed minister for science and technology Andrew Griffith said that…