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As AI deepfakes cause havoc during other elections, experts warn the UK’s politicians should be prepared.

“Just tell me what you had for breakfast”, says Mike Narouei, of ControlAI, recording on his laptop. I speak for around 15 seconds, about my toast, coffee and journey to their offices.

Within seconds, I hear my own voice, saying something entirely different.

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In this case, words I have written: “Deepfakes can be extremely realistic and have the ability to disrupt our politics and damage our trust in the democratic process.”

Tamara Cohen's voice being turned into a deepfake
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Tamara Cohen’s voice being turned into a deepfake

We have used free software, it hasn’t taken any advanced technical skills, and the whole thing has taken next to no time at all.

This is an audio deepfake – video ones take more effort to produce – and as well as being deployed by scammers of all kinds, there is deep concern, in a year with some two billion people going to the polls, in the US, India and dozens of other countries including the UK, about their impact on elections.

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Sir Keir Starmer fell victim to one at last year’s Labour Party conference, purportedly of him swearing at staff. It was quickly outed as a fake. The identity of who made it has never been uncovered.

London mayor Sadiq Khan was also targeted this year, with fake audio of him making inflammatory remarks about Remembrance weekend and calling for pro-Palestine marches going viral at a tense time for communities. He claimed new laws were needed to stop them.

Ciaran Martin, the former director of the UK’s National Cyber Security Centre, told Sky News that expensively made video fakes can be less effective and easier to debunk than audio.

“I’m particularly worried right now about audio, because audio deepfakes are spectacularly easy to make, disturbingly easy”, he said. “And if they’re cleverly deployed, they can have an impact.”

Those which have been most damaging, in his view, are an audio deepfake of President Biden, sent to voters during the New Hampshire primaries in January this year.

A “robocall” with the president’s voice told voters to stay at home and “save” their votes for the presidential election in November. A political consultant later claimed responsibility and has been indicted and fined $6m (£4.7m).

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Ciaran Martin, the former NCSC director
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Ciaran Martin, the former NCSC director

Mr Martin, now a professor at the Blavatnik School of Government at Oxford University, said: “It was a very credible imitation of his voice and anecdotal evidence suggests some people were tricked by that.

“Not least because it wasn’t an email they could forward to someone else to have a look at, or on TV where lots of people were watching. It was a call to their home which they more or less had to judge alone.

“Targeted audio, in particular, is probably the biggest threat right now, and there’s no blanket solution, there’s no button there that you can just press and make this problem go away if you are prepared to pay for it or pass the right laws.

“What you need, and the US did this very well in 2020, is a series of responsible and well-informed eyes and ears throughout different parts of the electoral system to limit and mitigate the damage.”

He says there is a risk to hyping up the threat of deepfakes, when they have not yet caused mass electoral damage.

A Russian-made fake broadcast of Ukrainian TV, he said, featuring a Ukrainian official taking responsibility for a terrorist attack in Moscow, was simply “not believed”, despite being expensively produced.

The UK government has passed a National Security Act with new offences of foreign interference in the country’s democratic processes.

The Online Safety Act requires tech companies to take such content down, and meetings are being regularly held with social media companies during the pre-election period.

Democracy campaigners are concerned that deepfakes could be used not just by hostile foreign actors, or lone individuals who want to disrupt the process – but political parties themselves.

Polly Curtis is chief executive of the thinktank Demos, which has called on the parties to agree to a set of guidelines for the use of AI.

Polly Curtis, the chief executive of Demos
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Polly Curtis, the chief executive of Demos

She said: “The risk is that you’ll have foreign actors, you’ll have political parties, you’ll have ordinary people on the street creating content and just stirring the pot of what’s true and what’s not true.

“We want them to come together and agree together how they’re going to use these tools at the election. We want them to agree not to create generative AI or amplify it, and label it when it is used.

“This technology is so new, and there are so many elections going on, there could be a big misinformation event in an election campaign that starts to affect people’s trust in the information they’ve got.”

Deepfakes have already been targeted at major elections.

Last year, within hours before polls closed in the Slovakian presidential election, an audio fake of one of the candidates claiming to have rigged the election went viral. He was heavily defeated and his pro-Russian opponent won.

The UK government established a Joint Election Security Preparations Unit earlier this year – with Whitehall officials working with police and security agencies – to respond to threats as they emerge.

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A UK government spokesperson said: “Security is paramount and we are well-prepared to ensure the integrity of the election with robust systems in place to protect against any potential interference.

“The National Security Act contains tools to tackle deepfake election threats and social media platforms should also proactively take action against state-sponsored content aimed at interfering with the election.”

Shadow security minister Dan Jarvis said: “Our democracy is strong, and we cannot and will not allow any attempts to undermine the integrity of our elections.

“However, the rapid pace of AI technology means that government must now always be one step ahead of malign actors intent on using deepfakes and disinformation to undermine trust in our democratic system.

“Labour will be relentless in countering these threats.”

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OKX reports trading increase after expansion into US, EU

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OKX reports trading increase after expansion into US, EU

Crypto exchange OKX said volume in its licensed and regulated markets increased 53-fold in 2025, driven by its expansion into the United States and the European Economic Area.

Citing internal data, the exchange said daily active wallets doubled over the past year, with an average of about 190,000 new wallets created each day, while decentralized exchange volume on its platform rose 262% globally and centralized trading increased 16% over the same period.

The company attributed its market growth to an operating model focused on licensed access to regulated markets. OKX expanded across the European Economic Area in January after receiving a license under the EU’s Markets in Crypto-Assets framework, or MiCA.

In the United States, the exchange noted that its April market entry coincided with several positive regulatory developments, including the passage of the GENIUS Act and steps by the Office of the Comptroller of the Currency to charter crypto-native trust banks.

Data from CoinMarketCap place OKX fourth globally among cryptocurrency exchanges, using rankings that weigh factors such as platform traffic, liquidity, reported trading volume and confidence in volume authenticity.

In December, OKX was among several cryptocurrency exchanges blocked in Belarus after the Ministry of Information restricted access to their global websites, citing violations related to “inappropriate advertising” under the country’s Law on Mass Media.

Coinbase, Kraken, MiCA, OKX, Bybit, Genius Act
Top crypto spot exchanges. Source: CoinMarketCap

Related: OKX adds decentralized trading for US users as DEX volumes hit record high

Top exchanges secure licensing in Europe

The MiCA legislation created a single licensing regime for crypto service providers across the bloc and became fully applicable to exchanges in December 2024. Since then, several major platforms have moved to secure approvals that allow them to passport services across the European Economic Area.

In 2025, Bybit received authorization from Austria’s Financial Market Authority and established Vienna as its European headquarters, while Coinbase obtained a MiCA license a month later from Luxembourg and designated the country as its regional base.

Kraken followed with approval from the Central Bank of Ireland, building on earlier MiFID and electronic money licenses, and Gemini secured authorization from Malta’s Financial Services Authority in August, according to regulatory records.

In the US, the passage of the GENIUS Act in July established a federal framework governing stablecoin issuance and use. Since then, the stablecoin market has grown to more than $310 billion, with US dollar–backed tokens Tether’s USDt (USDT) and Circle’s USDC (USDC) together accounting for about 85% of total supply, according to data from DefiLlama.

Coinbase, Kraken, MiCA, OKX, Bybit, Genius Act
Stablecoin market cap. Source: DefiLlama

Magazine: Sei wallets in Xiaomi, Bhutan’s gold on Solana: Asia Express