DeFI News by Thebittimes.Com

Google owner Alphabet has unveiled a £5 billion investment plan in the UK focused on infrastructure and AI research, in a move timed just ahead of US President Donald Trump’s much-anticipated state visit. The commitment, made over the next two years, demonstrates Google’s growing confidence in Britain’s technology sector and its readiness to deepen ties between the two countries. As part of Google’s two-year £5 billion investment in the UK, we announced the opening of our state-of-the-art Waltham Cross data center that will help meet growing demand for Google's AI-powered services like Google Cloud, Workspace, Search, Maps and more. Read more:… — Thomas Kurian (@ThomasOrTK) September 16, 2025 The bulk of the funding will be directed towards building and expanding data centres, enhancing scientific research and boosting engineering capabilities. A key component is the opening of a new data centre in Waltham Cross, Hertfordshire, which was officially inaugu...

The UK’s financial regulator is opening the door for wider retail access to crypto-linked investment products.  On June 6, the Financial Conduct Authority (FCA) proposed lifting its ban on cryptocurrency Exchange-Traded Notes (ETNs), allowing UK retail investors to buy these products on recognized investment exchanges for the first time. The move marks a major step toward regulated crypto exposure for the public. While UK investors still won’t get access to spot Bitcoin ETFs like in the US, ETNs provide a way to trade debt instruments that track digital asset prices, without holding the underlying crypto. Safeguards will still apply. Products must meet the UK’s financial promotion rules, be listed on regulated exchanges, and include clear risk disclosures. Incentives and aggressive promotions will remain restricted. ETNs: What investors need to know ETNs are unsecured debt notes that mirror the price of assets like Bitcoin, but carry issuer risk and don’t grant...

The UK is looking to be a part of Saudi Arabia ’s ‘ Vision 2030 ’ even before the US reaches out to the Kingdom. Saudi Arabia ’s ambitious project Vision 2030 is attracting investors from the globe and the UK is keen on building partnerships. A business delegation from the UK including HSBC Bank and British Airways, among others visited Saudi Arabia to discuss prospects of a partnership. Additionally, 450 other businesses from the UK were part of the delegation to build partnerships with Saudi Arabia’s ambitious project. Also Read: $2.1 Trillion in Savings Bleed Out of the U.S. Economy This is the largest business delegation the UK sent overseas in more than a decade. The development indicates that the UK aims to leverage Vision 2030 and partner early with Saudi Arabia for the project. The meeting in Riyadh ended on a positive note as both the UK and Saudi Arabia agreed to open up their markets for each other. Therefore, in the nex...