Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance

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Crypto Biz: Google bullish on blockchain, UK’s $125M AI pledge, Voyager and Binance
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Crypto Biz: Google is increasing its presence in Web3 by partnering with 11 blockchain firms to help accelerate industry startups. Meanwhile, U.K.

The U.K. government has announced that it is providing 100 million pounds in initial funding to support a task force aimed at accelerating the country's readiness for AI. The task force is aimed at ensuring “sovereign capabilities,” which include public services, and fostering the adoption of"safe and reliable foundation models." This coincides with the U.K.’sby 2030.

to stakeholders. FTX purchased LedgerX in August 2021 to expand its spot trading services. The FTX exchange is currently undergoing bankruptcy proceedings.Binance.US has backed out of itsbankrupt cryptocurrency brokerage Voyager Digital’s assets for $1 billion. The exchange blamed the move on the “hostile and uncertain regulatory climate in the United States.

While our hope throughout this process was to help Voyager's customers access their crypto in kind, the hostile and uncertain regulatory climate…

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