The UK's Financial Conduct Authority is clamping down on Bitcoin ATMs because they do not implement Know Your Customer (KYC) measures. Those who don't comply will face further action.
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The Financial Conduct Authority in the UK has stated that it doesn't believe that some cryptocurrencies including bitcoin don't need to be regulated. It also claimed they have no intrinsic value.
The Financial Conduct Authority has imposed a £16.4 million fine on Tesco Bank in the UK for failing to avoid a cyber breach in 2016 that led to massive losses for the bank's customers.
Fiat Chrysler will deliver up to 62,000 more Pacifica minivans to Waymo. The two companies are also discussing a potential deal to license Waymo's self-driving tech to FCA's future retail vehicles.
Waymo has inked a deal to purchase thousands of additional Chrysler Pacifica minivans from Fiat Chrysler as part of its self-driving effort, with the units set for delivery by the end of 2018.
Ashok Vaswani, CEO of Barclays, has said that the bank is in talks with the UK Financial Conduct Authority to bring cryptocurrencies "into play." The bank has said that it's cautious about the tech.
Fiat Chrysler Automobiles has partnered with Google to rebuild its Uconnect system over Android, in an attempt to harness the platform's ecosystem as an infotainment system for its vehicles.