UK and Singapore forge new AI and tokenization pact in London talks

The UK and Singapore held the 10th Financial Dialogue, focusing on digital finance, including asset tokenization and AI regulation.

Both countries agreed to advance Project Guardian, testing tokenized financial assets and initiating the Global Layer One initiative for shared ledger systems.

Singapore tightened crypto regulations due to concerns over financial crime, while the UK seeks to balance tech growth with AI safety, showcased at an AI Innovation event.