7 / 8 Relevant items tagged with #EuropeanUnion

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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.

Ukraine to Adopt Europe’s Crypto Rules, Clarifies Taxation

[Apr 23, 2023 3:30 AM] Officials have revealed that Ukraine intends to implement the crypto market rules approved by the European Parliament. While the government is already moving in that direction, the tax service has issued a clarification regarding the taxation of…

EU Parliament Greenlights Markets in Crypto Assets Law, Tracing Rules

[Apr 21, 2023 8:00 AM] Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply…

Ukraine plans to adopt EU’s new cryptocurrency regulations

[Apr 21, 2023 6:23 AM] Immediately after passing the European Parliament, Ukrainian authorities announced plans to adopt the EU's MiCA regulations on crypto assets.

Industry leaders and policymakers react to passage of MiCA in EU

[Apr 20, 2023 12:43 PM] Many lauded the bill’s approval, suggesting that its anticipated passage could leave the United States at a disadvantage for attracting crypto firms and investments.

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?

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.

EU Lawmakers Skeptical on Digital Euro Plans

[Apr 19, 2023 9:44 AM] Members of the European Parliament seem nonplussed as they are set to consider legislation for a central bank digital currency.

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.

EU legislators call for ‘safe’ AI as Google’s CEO cautions on rapid development

[Apr 17, 2023 9:32 PM] A group of EU politicians called for a united front in developing AI while tech executives express concerns about its societal impacts.

Polygon calls on EU lawmakers to address smart contracts in Data Act

[Apr 17, 2023 2:51 PM] The project claimed that the bill as currently written could "substantially inhibit innovation and economic growth" in the EU without amendments to clarify the role of smart contracts.

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.

French central bank looks at certification, incorporation as part of DeFi regulation

[Apr 11, 2023 12:53 PM] The Banque de France presented a well-written consideration of issues related to DeFi and forthcoming MiCA regulation, with suggestions.

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.

UK banks are turning away crypto clients: Report

[Apr 2, 2023 1:56 PM] Challenges for crypto companies range from having applications rejected, accounts frozen, to being overwhelmed with paperwork.

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.

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.

UBS’s acquisition of Credit Suisse brings some good and bad for crypto

[Mar 27, 2023 7:54 AM] Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008.

European DeFi startups saw 120% increase in VC investment in 2022: Data

[Mar 27, 2023 3:06 AM] Despite the ongoing tumultuous market conditions, venture capital investments in European crypto startups hit an all-time high of $5.7 billion in 2022.

G7 to collaborate on tighter crypto regulation: Report

[Mar 26, 2023 12:03 PM] Leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union are expected to outline a global cooperative strategy for digital assets in May.

'US has left a vacuum that other countries are eager to fill': Coinbase

[Mar 24, 2023 8:39 PM] While the U.S. government opts for “regulation by enforcement,” other countries are fostering “vibrant” crypto ecosystems due to progressive regulation, argues Coinbase’s Daniel Seifert.

In the aftermath of banks’ horrorshow: Law Decoded, March 13–20.

[Mar 20, 2023 2:30 PM] A week after the twinning collapse of Silicon Valley Bank (SVB) and Signature Bank, and the trouble at Credit Suisse, the dust is slowly settling down.

‘If a government bans drugs, it should also ban crypto’ — Belgium’s former finance minister

[Mar 17, 2023 10:30 AM] Members of the European Parliament have been discussing the impact of the failure of Silicon Valley Bank, Signature Bank and Silvergate Bank on markets in their jurisdictions.

European Parliament votes to form final law on EU digital wallet

[Mar 16, 2023 7:48 AM] Introduced in 2021, the European Digital Identity framework aims to enable and protect digital identity of EU citizens.

Europarliament approves Data Act that requires kill switches on smart contracts

[Mar 14, 2023 2:20 PM] The act would encourage data sharing, but it imposes requirements for smart contracts used in this setting that have alarmed members of the crypto community.

EU Commission to ensure ‘healthy competition’ in the metaverse

[Mar 8, 2023 1:55 AM] Margrethe Vestager, the executive vice president of the European Commission for a Europe fit for the digital age, stressed the need to anticipate and plan for changes in technological advancements.

Solana faces ‘lack of appetite’ from US regulators, says Austin Federa

[Mar 3, 2023 2:00 PM] The Solana Foundation’s head of strategy said he had heard from projects facing “pretty draconian” rules in the European Union related to liability of illicit crypto transactions.