Eu Financial News

19.04 / 18:39

business regulation European Union Machine Learning ChatGPT OpenAI has until April 30 to comply with EU laws, ‘next to impossible’ say experts

OpenAI may soon face its biggest regulatory challenge yet as Italian authorities insist the company has until April 30 to comply with local and European data protection and privacy laws, a task artificial intelligence (AI) experts say could be near impossible.

19.04 / 14:45

Threat Forget Macron, Europe and the U.S. See Eye-to-Eye on China’s Threat

In its geopolitical competition with the West, China has long sought to divide the U.S. from Europe. Last week it appeared to score a coup when French President Emmanuel Macron declared Europe wouldn’t follow the U.S.’s approach toward Beijing.

19.04 / 11:17

Manufacturing lawmakers approved World’s First Carbon Import Tax Approved by EU Lawmakers

The European Union’s parliament approved legislation to tax imports based on the greenhouse gases emitted to make them, clearing the final hurdle before the plan becomes law and enshrines climate regulation in the rules of global trade for the first time.

19.04 / 10:13

Why the City’s traders are finally getting their Brexit breakthrough

Enrico Bruni is head of Europe and Asia at Tradeweb

19.04 / 10:03

FTX FTX US Fried Sam FTX Exchange's Revival Plan Attracts Potential Bid from Tribe Capital – Will Sam Bankman-Fried Be Involved?

An effort to revive collapsed crypto exchange FTX has drawn interest from Tribe Capital, a venture firm seeking to lead a $250 million fundraising campaign for the new platform.

19.04 / 06:45

business Facebook Europe Google European Union EU sets up research hub to analyze Big Tech's AI algorithms

The European Commission has launched a new research unit that will investigate the impact of the algorithms made and used by prominent online platforms and search engines such as Facebook and Google.

19.04 / 02:55

business Blockchain Adoption regulation privacy coinbase European Union UK may have crypto regulation within a year, says senior minister

The United Kingdom could lay out digital asset regulation within 12 months a British lawmaker claimed, saying the country wants to capitalize on the benefits that blockchain can bring to the private sector and economy.

18.04 / 20:53

business Blockchain Technology Investments Web3 FTX Bankrupt crypto Tribe Capital considers reviving bankrupt crypto exchange FTX: Report

Tribe Capital, the San Francisco-based venture capital firm that previously invested in FTX before its collapse, is exploring the possibility of injecting new capital to revive the bankrupt cryptocurrency exchange, Bloomberg reported on April 18.

18.04 / 18:47

business defi regulation Europe European Union Kraken Bitcoin Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote

Payward Europe Solutions, an Irish subsidiary of Kraken registered in Dublin, was awarded virtual asset service provider (VASP) authorization from the Central Bank of Ireland on April 18.

18.04 / 15:09

G-7 Countries Claim Unity on China After Macron Comments

KARUIZAWA, Japan—The Group of Seven industrialized democracies sought to show a unified front on China following recent comments by French President Emmanuel Macron that the European Union shouldn’t follow Washington’s lead on the issue of Taiwan.

18.04 / 13:35

Manufacturing lawmakers approved World’s First Carbon Import Tax Approved by EU Lawmakers

18.04 / 06:05

Blockchain UPS Target Action lawmaker Britain could see crypto-specific regulation in the next 12 months, top lawmaker says

Britain could introduce specific laws aimed at regulating the cryptocurrency industry in the next 12 months, a top lawmaker told CNBC.

18.04 / 04:37

Stablecoin CBDC Adoption Israel’s central bank says CBDC could be issued if stablecoin use increases

The Bank of Israel says it's preparing an action plan for the potential issuance of a central bank digital currency (CBDC),though a formal decision has yet to be made.

18.04 / 03:47

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

A dozen European Union (EU) politicians have signed a letter calling for the “safe” development of artificial intelligence (AI) as Google's CEO cautioned against releasing powerful AI tech before society has had a chance to adapt.

17.04 / 21:19

business Polygon European Union Smart Contracts lawmakers Polygon calls on EU lawmakers to address smart contracts in Data Act

Polygon Labs, an Ethereum layer-2 scaling solution, has called on policymakers in the European Union to “clarify the scope and intent” in legislation targeting smart contracts.

17.04 / 01:58

debate Debate rages over Europe’s ‘golden source’ of trading data

A debate is raging over the future of a European trading database.

17.04 / 01:58

UPS Provident UBS Morningstar Credit Suisse fund outflows widen to $5.6bn following UBS tie-up

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15.04 / 13:07

markets Bitcoin Futures Federal Reserve Derivatives Leverage Bitcoin Options Bitcoin Drop Healthy Bitcoin rally: What does a margin lending ratio drop mean for BTC price?

Bitcoin (BTC) price rallied over 10% between April 9 and April 14, marking the highest daily close in more than ten months. While some analysts may argue the move justifies a degree of decoupling from traditional markets, both the S&P 500 and gold are near their highest levels in over six months.

14.04 / 15:37

Stablecoin Adoption Europe Tether European Union Usd Coin Future Crypto in Europe: Economist breaks down MiCA and future of stablecoins

In October 2022, the European Union finalized the text of its regulatory framework called Markets in Crypto-Assets or MiCA. The final vote on the new regulation is scheduled for April 19, 2023, meaning the days of an unregulated crypto market in the EU may soon be over. The MiCA regulations introduce clear guidelines for handling cryptocurrencies and consumer protection, and divide crypto assets into different sectors, each subject to specific rules.

13.04 / 16:37

UPS Waves Target EU will issue fresh wave of sanctions to stop Russia reinventing their war machine, official says

The European Union will launch an 11th wave of sanctions on Russia and seek to crack down on efforts to evade economic penalties introduced in the wake of its full-scale invasion of Ukraine, a top EU official told CNBC Thursday.

13.04 / 13:41

Government Law Adoption Europe European Union First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation

Italy has recently made headlines by becoming the first Western country to ban the popular artificial intelligence (AI)-powered chatbot ChatGPT.

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