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Crypto Needs Cohesive Regulation – A Look at Europe’s MiCA

[Jan 24 10:45 AM] From the U.S. to South Asia, jurisdictions are creating a patchwork of crypto regulatory regimes, making international business harder. Europe, with its bloc-wide Markets in Crypto-Assets Regulation (MiCA), is different.

Regulatory Victory: Gemini Receives Digital Asset Service Provider Registration In France

[Jan 17 9:00 PM] Cryptocurrency exchange Gemini, founded by the Winklevoss twins, has been granted crypto registration by the French markets watchdog Autorite des marches financiers (AMF).  According to a recent announcement made by the exchange, this approval…

EU Commission targets X over ‘dissemination of illegal content’

[Dec 18, 2023 10:30 AM] X owner Elon Musk told advertisers to “go f--- yourself” on Nov. 29 after many left the social media platform in response to antisemitic content and a report on hate speech.

CZ must stay, Do Kwon to be extradited: Law Decoded

[Dec 11, 2023 2:00 PM] A Seattle district court ruled out CZ’s departure to the UAE, and the Montenegrin justice minister plans to grant the United States request for Do Kwon’s extradition.

French startup Mistral AI closes $415M funding round

[Dec 11, 2023 7:08 AM] The French artificial intelligence startup Mistral AI closed a funding round worth around $415 million as it strives to be the EU’s rival to OpenAI.

EU officials reach 'historic' AI regulation deal

[Dec 9, 2023 2:46 AM] The agreement mandates models like ChatGPT and general AI to follow transparency rules before market entry.

Robinhood launches crypto trading services in Europe

[Dec 7, 2023 3:58 AM] All eligible customers in the EU region can access Robinhood crypto for crypto trading services, with over 25 cryptocurrencies available for trade.

France’s third-largest bank, Société Générale, launches euro pegged stablecoin

[Dec 6, 2023 1:57 AM] The euro-pegged stablecoin will be the first of its kind in the region and will be available to the bank’s wide customer base for trading use.

Amnesty International head says AI innovation vs. regulation is ‘false dichotomy’

[Nov 28, 2023 3:16 AM] Amnesty’s secretary-general said the EU has a chance to lead with new AI regulations and member states shouldn’t “undermine” the forthcoming AI Act.

European regulator: CASPs should work on protocol interoperability, self-hosted wallets

[Nov 24, 2023 4:56 AM] The proposed new industry guidelines are intended to address issues around AML and CFT rules.

EU tech coalition warns of over-regulating AI before EU AI Act finalization

[Nov 24, 2023 3:34 AM] A group of 33 businesses and tech companies have signed a joint letter to EU regulators urging them not to over-regulate emerging AI technologies at the cost of innovation.

FTX collapse, Binance’s US settlement provide strong case for MiCA regulations

[Nov 23, 2023 3:41 AM] European Commission policy officer Ivan Keller highlights high-profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe.

Italian regulators investigate online AI data scraping

[Nov 23, 2023 2:59 AM] The Italian Data Protection Authority has launched a “fact-finding” probe into the security practices of public and private websites to prevent AI data scraping.

Belgium seeks to reboot EU blockchain infrastructure project

[Nov 22, 2023 4:34 AM] The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union.

German parliament member ’staunch opponent’ of digital euro, all in on Bitcoin

[Nov 16, 2023 7:55 AM] European Union lawmakers anticipate the arrival of the digital euro, but German politician Joana Cotar is pushing back against the currency and fighting in favor of Bitcoin.

European Union Finalizes Digital ID Wallet Agreement, Hints at Digital Euro Integration

[Nov 11, 2023 5:30 AM] The European Parliament and the Council of the European Union (EU) have finalized the agreement that will allow the implementation of a continent-wide digital ID wallet program. The agreement, which needs to be ratified at the parliamentary level…

EU backs Data Act with clause to shut off smart contracts

[Nov 9, 2023 7:37 PM] The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law.

EU banking watchdog proposes liquidity rules for stablecoin issuers

[Nov 8, 2023 6:18 AM] The proposed guidelines are currently in the public consultation phase for the next three months and, if approved, will come into effect starting in June 2024.

Survey: 65% of Spaniards aren’t interested in using digital euro

[Nov 1, 2023 2:31 AM] The country’s population doesn’t demonstrate as high a confidence level in the European Central Bank’s digital currency project as the government does, according to the survey.

Spain to implement MiCA six months ahead of July 2026 deadline

[Oct 31, 2023 1:58 AM] The country said EU crypto rules will come into force in December 2025, ahead of the general deadline for implementing MiCA for all 27 member states of the EU.

G7 countries to launch AI code of conduct: Report

[Oct 30, 2023 5:53 AM] The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology.

How major German firms like Mercedes and Lufthansa are using NFTs

[Oct 27, 2023 7:07 AM] German brands embrace NFTs, exploring new ways to engage with customers and build brand loyalty.

Bank of Spain embraces ‘digital euro,’ explains its benefits

[Oct 25, 2023 4:23 AM] The digital euro will make electronic payments a vital piece of the financial system, the statement claims.

Regulators around the globe assert more control over crypto: Law Decoded

[Oct 23, 2023 1:00 PM] From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets.

Greece establishes AI advisory committee to create national strategy

[Oct 20, 2023 2:30 PM] The Greek prime minister created an AI advisory committee comprising some of the country’s top tech, ethics and science professionals.

Binance shutting down European Visa debit card in December

[Oct 20, 2023 11:42 AM] Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment.

European Banking Authority, ESMA issue crypto entity suitability guidelines

[Oct 20, 2023 3:55 AM] The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions.

EU data protection regulators urge anonymity for smaller transactions in digital euro

[Oct 20, 2023 2:45 AM] The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on regulating a digital euro.

US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court

[Oct 19, 2023 11:38 AM] According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions.

Tax Authorities in EU to Share Transaction Data Reported by Crypto Firms

[Oct 19, 2023 5:30 AM] New EU rules will introduce automated exchange of information on crypto revenues reported by service providers in the sector. A new directive adopted by the Union expands existing registration and reporting obligations as well as cooperation…