12 / 15 Relevant items tagged with #Europe

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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.

Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote

[Apr 18, 2023 12:32 PM] U.S.-based cryptocurrency exchange Kraken received its virtual asset service provider authorization from the Central Bank of Ireland.

French Bitcoin App Bitstack Announces $2.1 Million Fundraising Round

[Apr 18, 2023 12:00 PM] The raised funds will go toward the company’s stated goal of democratizing Bitcoin in France and beyond.Bitstack, a bitcoin savings app in France, has announced a $2.1 million (€2 million) funding round. The funding comes from a range of investors…

Stablecoins Gain Traction as Inflationary Shield in Latin America With Growth in Europe

[Apr 17, 2023 7:31 AM] Despite the recent bear market and the latest banking turbulence, users in Latin America and Europe continue to embrace stablecoins, but in a very different way.

Crypto in Europe: Economist breaks down MiCA and future of stablecoins

[Apr 14, 2023 7:34 AM] A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe.

First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation

[Apr 13, 2023 7:01 AM] A data breach and a lack of transparency led Italy to ban ChatGPT, the popular AI-powered chatbot, sparking a debate on the future of AI regulation and innovation.

Swiss court gives green light for FTX to sell its European arm

[Apr 12, 2023 11:30 AM] The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court, where FTX's global business filed for Chapter 11.

The Largest European Bitcoin Conference Set To Return To Amsterdam In 2023

[Apr 12, 2023 9:57 AM] The continent’s largest Bitcoin conference will return to Westergas once again in 2023 to connect Bitcoiners and celebrate Bitcoin.Disclaimer: BTC Inc is the parent company of the Bitcoin Conference and Bitcoin Magazine.Bitcoin enthusiasts from…

US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia

[Apr 12, 2023 5:30 AM] Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the…

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

[Apr 10, 2023 8:00 AM] After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central…

Europe’s digital ID wallet — Easy for users or a data privacy nightmare?

[Apr 7, 2023 7:01 AM] European Union lawmakers are planning an EU-wide digital identity wallet for access to essential services.

Germany plans to issue electronic shares on blockchain, boost startups

[Apr 6, 2023 11:44 AM] Under the Future Finance Act, the German government is pushing for more welcoming regulations for startups working with financial innovation.

Crypto firms needs to be 'supervisable', says ECB board member

[Apr 5, 2023 11:04 AM] "We need to put more thought into imagining what international coordination will look like and how it can be effective in regulating the crypto world," said Elizabeth McCaul.

European banks launch ‘sustainable’ blockchain platform for digital bonds

[Apr 4, 2023 4:55 AM] The platform makes the first use case of a so-called “Proof of Climate” blockchain protocol.

Government requests for user data from Big Tech increased by 25%: Report

[Mar 30, 2023 4:35 AM] Requests for user data from Big Tech companies such as Apple, Google and Microsoft continue to rise year-over-year from governments worldwide.

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

[Mar 28, 2023 1:00 PM] On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According…

European Banking Federation shares its vision of digital euro, wCBDC, bank tokens

[Mar 28, 2023 11:30 AM] The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own.