2 / 9 Relevant items tagged with #EuropeanUnion

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Elon Musk lashes out at EU over ‘illegal’ free speech deal

[Jul 19, 2024 8:00 AM] The European Commission and Elon Musk’s social media site, X, look set to battle over alleged transparency violations.

Meta won’t launch new AI products in EU, citing ‘regulatory uncertainty’

[Jul 18, 2024 11:25 AM] The door is now wide open for Google and Microsoft to gain first movers' advantage over the entire continent.

Elon Musk’s X could face $200M EU fines over alleged DSA violations

[Jul 12, 2024 10:41 AM] At the heart of the findings are the “blue check” verification systems and X’s alleged obfuscation of data.

European Central Bank is exploring blockchain and MPC technology

[Jul 10, 2024 7:46 AM] The central bank has been experimenting with multiparty computation, which could support the entire European economy in the future.

Circle’s Stablecoins Now MiCA Compliant

[Jul 1, 2024 7:20 PM] Circle has announced that its stablecoins, USDC and EURC, are now compliant with the EU’s Markets in Crypto Assets (MiCA) regulation. This compliance allows Circle to natively issue these stablecoins to European customers. The company is also…

Circle becomes first licensed stablecoin issuer under MiCA

[Jul 1, 2024 10:52 AM] Circle’s USDC and EURC stablecoins become the first fully compliant digital fiat tokens under the Markets in Crypto-Assets rules.

WhatsApp and Signal survive EU chat control bill — For now

[Jul 1, 2024 7:42 AM] EU legislators have dropped plans to scan messaging apps, but privacy advocates can’t celebrate just yet.

Elections Across Europe Won't Hinder Bloc's Crypto Ambitions

[Jun 28, 2024 9:24 AM] France, Austria, Germany and other countries are expected to have elections soon, following this month's European Parliament contest.

MiCA laws come into effect in Europe — Here’s what you need to know

[Jun 27, 2024 7:20 AM] The EU's Markets in Crypto-Assets Regulation (MiCA) introduces new rules for the cryptocurrency industry, which will affect stablecoins and crypto asset service providers.

SEC drops investigation into Ethereum: Law Decoded

[Jun 24, 2024 1:02 PM] A letter from Consensys states that the SEC’s approval of spot Ether exchange-traded funds indicated that it had “updated its position to classify ETH as a commodity and not a security,” but not everyone agrees.

European Central Bank releases first CBDC progress update

[Jun 24, 2024 12:10 PM] The ECB promised pseudonymization and independent audits of the CBDC system to calm consumer fears of tracking.

Italian gov’t to ramp up surveillance of crypto market

[Jun 20, 2024 12:00 PM] The latest draft policy stipulated fines between 5,000 and 5 million euros ($5,400–$5.4 million) for market manipulation and other financial crimes.

Uphold to delist USDT and 5 stablecoins by July 1, citing MiCA

[Jun 18, 2024 1:13 AM] Apart from Uphold, other major crypto exchanges, including Binance, Kraken and OKX, also tweaked their stablecoin listing policies to comply with MiCA regulations.

Europe’s crypto industry can ‘sleep better at night’ with new parliament

[Jun 16, 2024 8:19 AM] The European elections have formed a new EU Parliament that will rule for the next five years.

EU elections 2024: Pro-crypto parties pick up seats amid Green losses

[Jun 11, 2024 7:31 AM] The European elections have caused a stir, but several pro-crypto or crypto-supportive parties have gained seats.

Can Bitcoin close above $70K amid strong labor market?

[Jun 7, 2024 7:23 AM] Stronger-than-expected employment data could put more downward pressure on Bitcoin price. Are ETF inflows enough to get a weekly BTC close above $70,000?

Meta faces backlash in EU for AI data usage without user consent

[Jun 6, 2024 4:58 AM] The complaints claimed that Meta’s recent privacy policy changes would allow the company to utilize years of personal posts, private images and online tracking data for its AI technology.

EU elections 'wildcard' could pave the way for first Ether ETF

[Jun 3, 2024 4:59 AM] The outcome of the elections will be a pivotal moment for the implementation of the MiCA regulatory framework and the approval of the first spot Ether ETF.

ESMA labels MEV as 'market abuse’ in latest consultation paper

[May 28, 2024 10:47 AM] The European Union's Securities and Markets Authority has recommended treating miner-extracted value (MEV) as a form of market abuse under the MiCA regulatory framework.

Worldcoin faces bans worldwide amid increasing privacy fears

[May 27, 2024 7:26 AM] Regulators across the world are banning Worldcoin, which collects biometric data for a small payment of its native cryptocurrency.

EU Commission urged to prepare for blockchain and AI integration

[May 27, 2024 1:44 AM] Decentralized AI networks, enhancement of smart contracts and emerging DeFi protocols are some of the upcoming trends in blockchain, according to EUBOF.

EU says ChatGPT outputs too much false information to comply with rules

[May 24, 2024 1:55 PM] While the assessment remains ongoing, OpenAI appears to have made little in the way of progress since 2023.

Microsoft faces multi-billion dollar fine in EU over Bing AI

[May 18, 2024 2:01 PM] The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27.

Kraken considers dropping USDT in Europe ahead of new regulations

[May 17, 2024 11:11 AM] With new regulations in Europe set to enforce strict limits on transactions and reserve requirements, Kraken is assessing its stablecoins listing.

DeFi may struggle to stay decentralized after new EU law

[May 14, 2024 7:08 AM] DeFi’s exemption from MiCA regulation may fade as an update targets protocols with centralized components. The sector could split between hybrid and DeFi models.

Blockchain adoption in healthcare faces serious obstacles in Germany

[May 12, 2024 3:01 PM] Blockchain technology could enhance healthcare digitalization, but privacy concerns are hampering adoption.

EU Regulator Considers Crypto Inclusion in €12 Trillion UCITS Funds

[May 9, 2024 10:16 AM] The European Securities and Markets Authority (ESMA) has initiated a call for evidence to explore the potential inclusion of new assets, including cryptocurrencies, in UCITS funds, which represent a major share of EU retail investments. UCITS, an…

EU Regulator Considers Approving Bitcoin for UCITS Products

[May 9, 2024 6:51 AM] The European Securities and Markets Authority (ESMA), the EU's financial watchdog, is reviewing whether to allow Bitcoin into the region's €12 trillion mutual fund market.JUST IN: EU Securities Authority is exploring adding #Bitcoin and Crypto

EU seeks stakeholder opinions on adding crypto to 12T euro investment market

[May 9, 2024 4:28 AM] If approved, the EU’s UCITS funds would make way for crypto assets to gain exposure to a 12 trillion euro investment product market.

EU crypto regulations undermined by lack of enforcement, say observers

[May 7, 2024 9:44 AM] The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws.