10 / 13 Relevant items tagged with #Europe

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OpenAI warns European officials over upcoming AI regulations

[May 25, 2023 8:44 AM] The CEO of OpenAI, Sam Altman, spoke with European officials in Brussels warning over the ramifications of over-regulation of the AI industry.

EU watchdog warns about the risk of a bank run on stablecoins

[May 25, 2023 6:40 AM] The European Systemic Risk Board suggests more disclosures, more monitoring to fight the risks of the crypto market.

G7 discusses crypto, supports CBDC — Law Decoded, May 15–22

[May 22, 2023 2:30 PM] The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets.

Responsible AI can create policies to help ‘better serve society’

[May 22, 2023 6:37 AM] Sabin Dima, the CEO and founder of Humans.Ai, said that with the right implementation, governments could use AI to enhance public services and policies.

Italy sets aside millions for workers at risk of AI replacement

[May 18, 2023 7:55 AM] Italian officials are setting aside $33 million to enhance the development of digital skills for workers at risk termination due to automation and AI.

EU Council Adopts New Rules for Europe’s Crypto Markets

[May 17, 2023 9:30 PM] The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first comprehensive…

G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets

[May 15, 2023 10:46 AM] Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye toward quickly implementing the “Travel Rule” for crypto assets.

Romania harnesses AI for data-driven policy recommendations

[May 12, 2023 5:25 AM] Officials in Romania have created and employed an AI-powered robot to source community concerns and turn the collected data into policy recommendations.

Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says

[May 12, 2023 4:30 AM] Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week…

Lufthansa, Eurowings, other travel industry players push forward with Web3

[May 12, 2023 2:19 AM] After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3 technology.

EU draft AI Act updated with public facial recognition ban

[May 11, 2023 5:27 AM] Regulators in the EU concluded another round of voting which added a new ban on the public use of biometric surveillance into its forthcoming AI Act.

Hungarian Central Bank Sees No Imminent Need for e-Forint

[May 10, 2023 5:30 AM] The EU member is still trying out options for a central bank digital currency that could help the unbanked.

Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior

[May 8, 2023 7:30 AM] Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line.

Bitcoin takes flight in Liechtenstein: Minister proposes government services paid in crypto

[May 8, 2023 7:03 AM] Prime Minister Daniel Risch of Liechtenstein told local papers that Bitcoin is set to play a growing role in government services payments.

Liechtenstein Plans to Accept Bitcoin for Payments to State, Prime Minister Says: Report

[May 8, 2023 5:00 AM] Under the plans, any crypto received will immediately be exchanged for Swiss francs, Prime Minister Daniel Risch told German news publication Handelsblatt.

French Senate proposal would allow influencers to promote cryptocurrency

[May 3, 2023 1:15 PM] The senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services.

European Union pushes forward with first AI framework: Law Decoded, April 24–May 1

[May 1, 2023 2:20 PM] High-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures.

Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark

[May 1, 2023 5:30 AM] Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the U.S. dollar in global financial markets. Kotak stated that the U.S. dollar has “disproportionate…

Liechtenstein adapts blockchain laws to developing crypto landscape

[May 1, 2023 4:14 AM] Future regulation is intended to ensure uniform regulation for all European countries and covered participants.

ChatGPT, Midjourney, other AI tools to make their way into EU legislation

[Apr 28, 2023 5:35 AM] The bill will classify the risk of AI tools and force developers of generative-AI applications to disclose the use of any copyrighted materials.

European bankers on digital euro: ‘ECB has no interest in users’ personal data’

[Apr 28, 2023 4:53 AM] While anonymity still stands as the core issue of a European CBDC, the inevitable competition with private banks also raises questions.

Belgian crypto platform Bit4You suspends operations after CoinLoan halts activity

[Apr 27, 2023 10:56 AM] Bit4You suspended operations on April 26 amid CoinLoan insolvency investigation by Estonian regulators.

‘Not the Right Time to Stop’ Rate Hikes, ECB Chief Economist Says

[Apr 27, 2023 6:30 AM] Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist said. Future increases will depend on the economic data but this is still not the right time to stop…

Galaxy Digital to Develop European-Listed ETPs With Asset Manager DWS

[Apr 26, 2023 6:07 AM] The two firms have formed a "strategic alliance, of which the ETP development is the initial aim.

EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies

[Apr 25, 2023 10:45 AM] Europe's Data Protection Supervisor predicts trouble abroad and at home for U.S. AI companies that run afoul of GDPR.

German regulators launch inquiry into ChatGPT GDPR compliance

[Apr 24, 2023 2:10 PM] Germany becomes the latest European nation to officially question OpenAI’s compliance with GDPR.

What’s next for EU’s crypto industry as European Parliament passes MiCA?

[Apr 20, 2023 7:51 AM] What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry?

First Mover Americas: Landmark Crypto Laws Pass in Europe

[Apr 20, 2023 6:31 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto financial services provider Januar receives full Danish payments license

[Apr 19, 2023 3:54 PM] The Danish startup founded by former Chainalysis staff helps crypto companies find banking services by connecting them to IBAN infrastructure.

European Parliament report recommends researching, but not launching, digital euro

[Apr 19, 2023 1:30 PM] A European economist has found that a digital euro would be a problem without a solution; just wait and see, he suggested.