European Union Financial News

16.06 / 03:16

Adoption regulation Europe European Union Banks Central Bank Euro crypto law EU’s new crypto law: How MiCA can make Europe a digital asset hub

The European Union signed the Markets in Crypto-Assets (MiCA) regulations into law on May 31, making way for the landmark regulatory guidance on crypto assets and service providers to come into effect.

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.

10.06 / 14:33

regulation SEC European Union Bitcoin EU needs further efforts to implement crypto regulations: Btc. x CEO

Christian Anders, the CEO of Btc. x has said that despite the Markets in Crypto Assets (MiCA) being signed into law, the European Union (EU) might need to do a lot of more lobbying of different regulators in Europe and work with the different governments.

09.06 / 17:17

Adoption European Union Federal Reserve Euro Bitcoin Dollar De-dollarization: Is it really happening?

De-dollarization, the decline of the United States dollar as the world’s dominant reserved currency, is underway, and it’s gaining momentum.

09.06 / 15:39

Sport Google security Fraud European Union Google Cloud retail CBDC Customers Today in Crypto: Google Cloud Offers Certain Customers Up To $1M for Cryptomining Attacks, Countdown Until MiCA Enters into Effect Officially Starts, Hong Kong to Lay Foundations to Implement Retail CBDC

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

09.06 / 10:23

Blockchain regulation European Union Bitcoin Regulation Bitcoin crypto legislation EU starts countdown to crypto legislation, adds MiCA to official journal

Publication of the European Union’s crypto law MiCA in its official journal signals the start of the official process of bringing licencing, stablecoin and anti-money laundering regulations into effect by the end of 2024.

08.06 / 12:39

business Blockchain Adoption Europe European Union Decentralization Verification EU to use blockchain for educational and professional credential verification

The European Commission has made moves to implement blockchain technology to transform the way educational and professional credentials will be verified across borders.

08.06 / 08:41

Facebook Twitter regulation Europe European Union Instagram EU watchdog targets crypto ads on Instagram, Youtube, TikTok, Twitter

The largest European consumer rights group alleges crypto marketers in popular social networks the misleading promotion and thus exposing consumers to serious harm. A certain complaint was filed with the European Commission.

06.06 / 20:08

business regulation Europe European Union Meta Platforms ChatGPT EU officials want all AI-generated content to be labeled

Officials in the European Union have discussed additional measures that would make artificial intelligence (AI) tools, such as OpenAI’s ChatGPT, more transparent to the public.

06.06 / 18:24

business Blockchain Ethereum European Union Bitcoin Sequoia Capital announces three-way split to separate China business

Venture capital firm Sequoia announced an impending split that will see the company break into three distinct partnerships serving the United States, China, and Asian markets separately.

02.06 / 13:21

Adoption Europe European Union Banks Euro Bitcoin Europe’s right-wing political groups find cause in crypto

The European crypto scene has gained significant traction over the past few years, with a surge in the interest in and adoption of cryptocurrencies and blockchain technology. While the crypto industry is often associated with decentralization, innovation and financial freedom, it is not immune to various political ideologies and influences, and right-wing movements are no exception.

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).

31.05 / 19:35

Law regulation European Union Framework EU officials sign Markets in Crypto-Assets framework into law

Officials with the European Union have signed the Markets in Crypto-Assets, or MiCA, bill into law following final approval from finance ministers.

31.05 / 14:37

business regulation Europe European Union ChatGPT EU, US should push for AI code of conduct: EU tech chief

Lawmakers in the European Union are seeking to implement a code of conduct for the development and implementation of artificial intelligence (AI) prior to their forthcoming EU AI Act.

30.05 / 12:27

Government Law regulation Europe European Union Opinion UK government The EU is watching your wallet, but it still beats the US for crypto

Millions of American television viewers, including those watching the NBA Finals, will soon see a new national ad campaign run by Coinbase. Titled “Moving America Forward,” the campaign is focused on explaining crypto and illustrating how it can help “update the system.” The ads add to the increasing pressure the company is putting on the United States Securities and Exchange Commission for clarity on digital assets. But no company can operate without a backup plan, which explains why Coinbase also secured a license in Bermuda in April to operate an offshore exchange.

26.05 / 22:27

CBDC Adoption European Union ECB Euro digital euro ECB sums up digital euro prototyping exercise as it nears possible pilot launch

The European Central Bank (ECB) has published a summary of the results of its digital euro central bank digital currency prototyping exercise. The exercise investigated offline use of a simulated digital euro and four other instances of interoperability with existing payments systems.

26.05 / 15:29

Law regulation Europe European Union marketing lawmakers Influencer French lawmakers agree to loosen rules in proposed crypto influencer bill

French lawmakers have agreed to tone down the restrictions on a bill first proposed in March that would have severely restricted locally-registered cryptocurrency companies from using influencer marketing.

26.05 / 15:29

business regulation Investments Europe European Union cryptocurrency investment regulatory EU regulator urges crypto firms to disclose regulatory status of products

The European Union’s financial watchdog has issued a statement reminding investment firms to make sure their clients are aware of the regulatory status of the products they are offering.

19.05 / 10:47

Stablecoin Tether coinbase European Union IMF Usd Coin Future Stablecoin survival: Navigating the future amid global de-dollarization

It is an empirical fact that the United States dollar is continuing to lose its dominant role as the global reserve currency, but what might happen to the stablecoin market should it be superseded?

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 / 03:43

regulation Europe European Union Banks Opinion Central Bank There's a growing case for allowing crypto firms to bypass banks

Within 11 days in March, four banks in the United States and one in Switzerland collapsed. First Republic Bank followed in May. Three of the four largest-ever U.S. bank failures occurred in those two months. It was a painful reminder that banks bear significant risks that can quickly spill over to other industries.

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