Italy Financial News

16.06 / 04:55

Binance regulation Binance Seeks to Deregister Cyprus Entity Amid Upcoming EU MiCA Rules

Binance, the world’s largest crypto exchange by trading volume, is seeking to delist itself from the register of authorized crypto asset service providers (CASPs) in Cyprus in order to focus its efforts on complying with the EU’s Markets in Crypto-Assets (MiCA) regulation.

16.06 / 04:42

Binance regulation Binance applies to deregister in Cyprus, says focus is on 'larger markets'

Binance appears to be preparing to exit Cyprus. The Cyprus Securities and Exchange Commission has marked Binance Cyprus Limited as “Under examination for application for deregistration” on its website.

13.06 / 22:24

business regulation Europe Google European Union Machine Learning Bard Irish data watchdog blocks Google from launching Bard in the EU: Report

The Irish Data Protection Commission (DPC) has reportedly blocked the launch of Google’s generative artificial intelligence (AI) service, Bard, in the European Union over privacy concerns.

06.06 / 18:54

regulation How regulators are mitigating the risk of extinction from AI: Law Decoded, May 29–June 5

The lively discussion around artificial intelligence (AI) continues. Last week, dozens of AI experts — including the CEOs of OpenAI, Google DeepMind and Anthropic — signed an open statement with a single sentence: “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.”

06.06 / 18:28

UPS Citi Waters SUN NOT Italy is a bargain for vacationing Americans. Not so much for Italians

RIMINI, ITALY — The seaside town of Rimini is the Jersey Shore of Italy: From here to the port town of Ancona in the southeast, there are more than 40 miles of sandy beaches.

06.06 / 18:18

business Binance privacy Opinion Zcash Monero privacy coins Binance was wrong to boot Monero, ZCash and other privacy coins

Binance announced in May that it would delist so-called “privacy coins” such as Monero (XMR), Zcash (ZEC) and others in several countries, including France, Italy, Spain and Poland. The decision underscored the reality that some companies might step over their own feet to ban privacy tech — even where it is legal — out of a combination of risk aversion and compliance confusion.

02.06 / 12:11

business regulation Asia ChatGPT Warning OpenAI gets warning from Japanese regulators on data collecting

Officials in Japan are beginning to tighten their stance towards artificial intelligence (AI) after the country's local privacy watchdog warned the ChatGPT parent company about its data collection methods.

01.06 / 19:35

Target Dash Binance regulation Zcash Monero Decred privacy coins Binance Targets Privacy Coins for Delisting in Four European Countries – What's Going On?

Binance, the world’s largest crypto exchange by trading volume, is planning to delist a number of privacy coins for users in Spain, France, Italy and Poland.

01.06 / 13:34

business regulation Europe European Union ChatGPT Italian senator provokes parliament with AI-generated speech

A senator in Italy spoke before members of the Italian parliament with, unbeknownst to parliament members, a speech entirely composed by artificial intelligence (AI).

01.06 / 09:03

Blockchain regulation Crypto.com Crypto.com joins ranks of licensed payment institutions in Singapore

The Singapore-based cryptocurrency exchange, Crypto.com, announced on June 1 that it had been granted a major payment institution (MPI) license for digital payment token (DPT) services by the Monetary Authority of Singapore (MAS).

31.05 / 13:35

business Binance regulation Europe privacy Zcash Monero Binance to delist privacy tokens in France, Italy, Spain and Poland

Cryptocurrency is going to become less private in Europe as the major exchange Binance is preparing to delist all privacy tokens in countries like France and Italy.

31.05 / 01:55

COST UPS VISA Gap Airlines end Very few U.S.-China flights are back despite the end of Covid

BEIJING — Fewer than 6% of U.S. flights to and from mainland China that existed in 2019 have resumed, according to a Nomura report.

24.05 / 08:13

Arma Deal Mediobanca is ‘scouting’ for more acquisitions after Arma Partner deal

Italian lender Mediobanca said it is on the lookout for more acquisitions, less than a week after unveiling a tie-up with technology boutique Arma Partners in a deal that is expected to boost its dealmaking fees by 30%.

22.05 / 14:55

Digital Extreme Remark Biden Blasts 'Wealthy Tax Cheats' At Group of Seven

Speaking at the G7 Forum conference in Japan, US President Joe Biden drew attention to the ongoing budget talks with lawmakers.

18.05 / 14:15

business regulation Europe European Union ChatGPT Italy sets aside millions for workers at risk of AI replacement

Italy’s back and forth with the emergence of artificial intelligence (AI) continues, after lawmakers in the country announced funds for those at risk of losing their jobs to automation.

18.05 / 07:49

UPS Specialist Boutique acquires Italian bank Mediobanca acquires specialist tech boutique Arma Partners

Italian lender Mediobanca has acquired specialist boutique Arma Partners, parachuting in 69 bankers specialising in technology deals in the latest sign of consolidation in the investment banking sector.

18.05 / 00:09

UPS UniCredit ramps up investment bank ambitions under Andrea Orcel

15.05 / 17:09

Ethereum CBDC regulation Europe Bitcoin G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets

The G7 committee recently met in Niigata, Japan, to discuss, among other topics, the global financial implications for central bank digital currencies (CBDCs) and the laws governing the transfer of cryptocurrency assets.

15.05 / 15:21

Blockchain litecoin SEC Samsung G7 Bitcoin 500 Today in Crypto: Samsung Reportedly Partners with Bank of Korea on Offline CBDC Payments, G7 Discussing Crypto, China to Train 500,000 Blockchain Professionals

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

10.05 / 13:05

UPS Booking Extreme Apple Matrix Apple versus the world: The iPhone maker is bigger than almost any stock market in the world

Dimensional's Matrix Book is an annual review of global returns that highlight the power of compound investing. It's a fascinating document: you can look up the compounded growth rate of the S&P 500 for every year going back to 1926.

03.05 / 16:33

ChatGPT Ban Lifted in Italy

OpenAI's interactive AI chatbot, ChatGPT, has had its temporary ban in Italy lifted after being accused of violating GDPR. On March 31, the Italian data protection agency, Garante, issued the ban after suspecting that ChatGPT had violated the European Union's General Data Protection Regulations. The ban was lifted on April 29, after the company complied with the regulator's transparency demands and implemented age-gating measures.

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