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.
4 / 9 Relevant items tagged with #EuropeanUnion
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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…
Finland works on instant payments system, embraces digital euro
[Oct 19, 2023 4:54 AM] The Bank of Finland actively promotes the development of new forms of payment.
ECB officials move to 'preparation phase' for digital euro
[Oct 18, 2023 1:59 PM] Though the issuance of a digital euro is not a certainty, officials with the European Central Bank are moving to next phase of the project.
Central banks want to look under crypto’s hood — Is this a positive sign?
[Oct 18, 2023 7:02 AM] The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto.
Council of the EU adopts DAC8 crypto tax reporting rule
[Oct 18, 2023 2:50 AM] The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union.
UK to target potential AI threats at planned November summit
[Oct 18, 2023 2:45 AM] The summit scheduled for Nov. 1–2 will place significant emphasis on the potential existential threat that AI represents, a concern shared by several legislators.
Europe's AML regulations come at a high cost — for your privacy and otherwise
[Oct 17, 2023 2:05 PM] The European Union’s anti-money laundering laws infringe upon personal privacy, and they come with costs that are simply too high.
The explosive revelations of Caroline Ellison: Law Decoded
[Oct 16, 2023 2:30 PM] SBF’s former girlfriend admits to fraud during her time as CEO of Alameda Research.
Scammers prefer banking customers over crypto investors in Ireland: Report
[Oct 16, 2023 4:09 AM] To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.
European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined
[Oct 13, 2023 1:25 PM] EU securities regulators have their eyes on DeFi, and the top 100 DeFi tokens had mixed price action over the past week, with most trading in a tight range.
European regulator: DeFi comes with significant risks as well as benefits
[Oct 11, 2023 4:12 AM] The European Securities and Markets Authority released an article on decentralized finance and its risks for the EU market.
EU mulls more restrictive regulations for large AI models: Report
[Oct 9, 2023 4:34 AM] Negotiators in the EU are reportedly considering additional restrictions for large AI models, such as OpenAI’s ChatGPT-4, as a component of its coming AI Act.
Ukraine rolls out its AI regulation roadmap
[Oct 9, 2023 3:41 AM] The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws.
UNESCO and Netherlands design AI supervision project for the EU
[Oct 6, 2023 4:27 AM] The United Nations Educational, Scientific and Cultural Organization and the Dutch government launched a new project for supervising AI to help create a framework for the wider EU area.
European regulator publishes second consultation on MiCA
[Oct 6, 2023 2:55 AM] The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024.
EU to assess export controls on AI tech and semiconductor chips
[Oct 4, 2023 5:19 AM] The European Commission outlined four critical technology areas, including AI technology and semiconductor chips, on which it plans to run assessments to consider export controls.
Head of Portugal Central Bank deems crypto unsustainable, calls for global regulation
[Oct 3, 2023 2:53 AM] Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts.
Georgia preparing limited live CBDC pilot, considering Ripple among tech providers
[Sep 29, 2023 12:50 PM] As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom.
Gemini to halt operations in the Netherlands by mid-November
[Sep 29, 2023 3:35 AM] The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market.
French telecom group invests millions in local AI industry
[Sep 26, 2023 7:30 AM] The French telecom group Iliad revealed it has purchased one of Europe’s most powerful supercomputers and plans to create an AI research lab in Paris, among other developments.
EU Parliament research recommends non-EU nations tighten crypto regulation
[Sep 22, 2023 3:02 AM] Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report.
Binance plans to delist stablecoins in Europe citing MiCA compliance
[Sep 21, 2023 7:52 AM] A Binance executive said the cryptocurrency exchange plans to delist stablecoin in the European market by June 2024 in order to comply with standards laid out by MiCA.