European Union

Microsoft faces multi-billion dollar fine in EU over Bing AI

Microsoft faces multi-billion dollar fine in EU over Bing AI 2024-05-19 at 03:01 By Cointelegraph by Tristan Greene The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Kraken considers dropping USDT in Europe ahead of new regulations

Kraken considers dropping USDT in Europe ahead of new regulations 2024-05-17 at 21:01 By Cointelegraph by Ana Paula Pereira With new regulations in Europe set to enforce strict limits on transactions and reserve requirements, Kraken is assessing its stablecoins listing. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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DeFi may struggle to stay decentralized after new EU law

DeFi may struggle to stay decentralized after new EU law 2024-05-14 at 17:01 By Cointelegraph by Daniel Ramirez-Escudero DeFi’s exemption from MiCA regulation may fade as an update targets protocols with centralized components. The sector could split between hybrid and DeFi models. This article is an excerpt from Cointelegraph.com News View Original Source React to

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Blockchain adoption in healthcare faces serious obstacles in Germany

Blockchain adoption in healthcare faces serious obstacles in Germany 2024-05-13 at 01:01 By Cointelegraph by Veronika Rinecker Blockchain technology could enhance healthcare digitalization, but privacy concerns are hampering adoption. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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EU crypto regulations undermined by lack of enforcement, say observers

EU crypto regulations undermined by lack of enforcement, say observers 2024-05-07 at 19:01 By Cointelegraph by Robert D. Knight The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Central banks must revise business model, embrace CBDCs — ECB member

Central banks must revise business model, embrace CBDCs — ECB member 2024-05-07 at 01:02 By Cointelegraph by Ana Paula Pereira Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit. This article is an excerpt from Cointelegraph.com News View Original Source React to this

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OpenAI hit with privacy complaint in Austria, potential EU law breach

OpenAI hit with privacy complaint in Austria, potential EU law breach 2024-04-29 at 11:02 By Cointelegraph by Savannah Fortis Austrian data rights group Noyb filed a privacy complaint against OpenAI, accusing its ChatGPT of providing false information and potentially breaching EU privacy regulations. This article is an excerpt from Cointelegraph.com News View Original Source React

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Europe needs ‘Airbus for the metaverse’ to become global Web4 leader

Europe needs ‘Airbus for the metaverse’ to become global Web4 leader 2024-04-28 at 21:06 By Cointelegraph by Tristan Greene Analysts from the London School of Economics and Political Science say a pan-European industrial cluster is necessary for the EU to compete in Web4. This article is an excerpt from Cointelegraph.com News View Original Source React

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EU DeFi regulations set to welcome big banks, challenge crypto natives

EU DeFi regulations set to welcome big banks, challenge crypto natives 2024-04-27 at 00:01 By Cointelegraph by Ana Paula Pereira New rules under the MiCA framework may encourage big banks to enter the DeFi space, potentially complicating compliance for native crypto projects. This article is an excerpt from Cointelegraph.com News View Original Source React to

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EU touts health benefits for children in the metaverse despite risks

EU touts health benefits for children in the metaverse despite risks 2024-04-26 at 20:02 By Cointelegraph by Tristan Greene The European Union’s in-house think tanks says the metaverse can help children heal from diseases. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Hester Peirce blasts SEC, Gurbir Grewal rejects SEC criticism: Law Decoded

Hester Peirce blasts SEC, Gurbir Grewal rejects SEC criticism: Law Decoded 2024-04-08 at 23:01 By Cointelegraph by David Attlee Gurbir Grewal, the director of the Division of Enforcement at the SEC, has pushed back against criticism that the regulator is making up rules on crypto as it goes along. This article is an excerpt from

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Dead metaverse? Public administration breathes new life into virtual tech

Dead metaverse? Public administration breathes new life into virtual tech 2024-04-06 at 17:01 By Cointelegraph by Veronika Rinecker Germany is experiencing a renewed interest in the metaverse, which is focused on concrete applications in public administration and industry. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Stablecoin delistings in Europe spell change for crypto exchanges, issuers

Stablecoin delistings in Europe spell change for crypto exchanges, issuers 2024-03-29 at 16:02 By Cointelegraph by Andrew Singer The largest stablecoin issuers are non-European, but they will have to get compliant fast if they don’t want to lose ground on the continent. This article is an excerpt from Cointelegraph.com News View Original Source React to

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EU launches probe into Apple, Google, Meta over violation of Digital Markets Act

EU launches probe into Apple, Google, Meta over violation of Digital Markets Act 2024-03-25 at 14:01 By Cointelegraph by Savannah Fortis EU regulators have opened a non-compliance investigation into various marketing and ranking practices of Apple, Google, Meta and Amazon in potential violation of the EU Digital Markets Act. This article is an excerpt from

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EU enacts ban on anonymous crypto transactions via self-custody wallets

EU enacts ban on anonymous crypto transactions via self-custody wallets 2024-03-23 at 16:02 By Cointelegraph by Amaka Nwaokocha The recent Anti-Money Laundering legislation specifically outlaws certain limits for cash transactions and anonymous cryptocurrency payments. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Greens’ push to end German cryptocurrency tax exemption sparks debate

Greens’ push to end German cryptocurrency tax exemption sparks debate 2024-03-21 at 16:01 By Cointelegraph by Veronika Rinecker The Greens think the current one-year holding tax exemption for crypto is unfair and are seeking to abolish it. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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OKX reportedly delists USDT pairs in Europe

OKX reportedly delists USDT pairs in Europe 2024-03-18 at 22:18 By Cointelegraph by Tristan Greene Only EUR and USDC trading pairs will be supported on the platform in the EU area going forward, according to the message. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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AI Act and stablecoin regulations in the EU, 30% crypto mining tax in the US: Law Decoded

AI Act and stablecoin regulations in the EU, 30% crypto mining tax in the US: Law Decoded 2024-03-18 at 22:00 By Cointelegraph by David Attlee The European Parliament granted final approval to the European Union’s artificial intelligence law, one of the world’s first set of comprehensive AI regulations. This article is an excerpt from Cointelegraph.com

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EU Commission queries Big Tech on AI risks to electoral integrity

EU Commission queries Big Tech on AI risks to electoral integrity 2024-03-15 at 12:02 By Cointelegraph by Amaka Nwaokocha The Commission is empowered to levy fines for inaccuracies, incompleteness, or misinformation provided in response to information requests. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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Portugal elections: Is the country’s crypto-friendly status at stake?

Portugal elections: Is the country’s crypto-friendly status at stake? 2024-03-10 at 19:01 By Cointelegraph by Daniel Ramirez-Escudero Portugal’s general elections are crucial for the country’s blockchain and digital assets industry. This article is an excerpt from Cointelegraph.com News View Original Source React to this headline:

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