European Union

European Banking Authority, ESMA issue crypto entity suitability guidelines

Cryptocurrencies, European Union, MiCA /

European Banking Authority, ESMA issue crypto entity suitability guidelines 20/10/2023 at 13:02 By Cointelegraph By Amaka Nwaokocha The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions. This article is an excerpt from Cointelegraph.com News View Original Source

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EU data protection regulators urge anonymity for smaller transactions in digital euro

CBDC, Euro, Europe, European Union /

EU data protection regulators urge anonymity for smaller transactions in digital euro 20/10/2023 at 12:02 By Cointelegraph By David Attlee The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on the regulation of “digital euro.” This article is an excerpt from Cointelegraph.com News View Original Source

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US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court

court, Europe, European Union, Privacy, UK Government, United Kingdom /

US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court 19/10/2023 at 21:02 By Cointelegraph By Tristan Greene According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions. This article is an excerpt from Cointelegraph.com News View Original

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ECB officials move to ‘preparation phase’ for digital euro

CBDC, Digital Currency, Euro, Europe, European Union, regulation /

ECB officials move to ‘preparation phase’ for digital euro 19/10/2023 at 00:01 By Cointelegraph By Turner Wright 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. This article is an excerpt from Cointelegraph.com News View Original Source

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Central banks want to look under crypto’s hood — Is this a positive sign?

BIS, Central Bank, Euro, Europe, European Union /

Central banks want to look under crypto’s hood — Is this a positive sign? 18/10/2023 at 17:02 By Cointelegraph By Andrew Singer The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto. This article is an excerpt from Cointelegraph.com News View Original Source

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UK to target potential AI threats at planned November summit

China, European Union, Technology, United Kingdom, United States /

UK to target potential AI threats at planned November summit 18/10/2023 at 12:06 By Cointelegraph By Amaka Nwaokocha 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. This article is an excerpt from Cointelegraph.com News View Original Source

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The explosive revelations of Caroline Ellison: Law Decoded

court, ESMA, Europe, European Union, FTX, IRS, Malaysia, Sam Bankman-Fried, SEC /

The explosive revelations of Caroline Ellison: Law Decoded 17/10/2023 at 00:02 By Cointelegraph By David Attlee SBF’s former girlfriend admits to fraud during her time as CEO of Alameda Research. This article is an excerpt from Cointelegraph.com News View Original Source

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Scammers prefer banking customers over crypto investors in Ireland: Report

Banking, Banks, European Union, Ireland, scams /

Scammers prefer banking customers over crypto investors in Ireland: Report 16/10/2023 at 14:02 By Cointelegraph By Arijit Sarkar To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023. This article is an excerpt from Cointelegraph.com News View Original Source

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European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined

Europe, European Union, Hacks, uniswap /

European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined 13/10/2023 at 23:02 By Cointelegraph By Prashant Jha 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. This article is an excerpt from Cointelegraph.com

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European regulator: DeFi comes with significant risks as well as benefits

ESMA, Europe, European Union /

European regulator: DeFi comes with significant risks as well as benefits 11/10/2023 at 14:02 By Cointelegraph By David Attlee The European Securities and Markets Authority released an article on decentralized finance and its risks for the EU market. This article is an excerpt from Cointelegraph.com News View Original Source

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EU mulls more restrictive regulations for large AI models: Report

Europe, European Union, Google, Meta, OpenAI /

EU mulls more restrictive regulations for large AI models: Report 09/10/2023 at 14:03 By Cointelegraph By Savannah Fortis Negotiators in the EU are reportedly considering additional restrictions for large AI models – like OpenAI’s GPT-4- as a component of the forthcoming AI Act. This article is an excerpt from Cointelegraph.com News View Original Source

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UNESCO and Netherlands design AI supervision project for the EU

Europe, European Union, Netherlands, United Nations /

UNESCO and Netherlands design AI supervision project for the EU 06/10/2023 at 14:03 By Cointelegraph By Savannah Fortis 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. This article is an excerpt from Cointelegraph.com News

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European regulator publishes second consultation on MiCA

ESMA, Europe, European Union, MiCA /

European regulator publishes second consultation on MiCA 06/10/2023 at 12:02 By Cointelegraph By David Attlee The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024. This article is an excerpt from Cointelegraph.com News View Original Source

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EU to assess export controls on AI tech and semiconductor chips

Europe, European Union, quantum computing, Technology /

EU to assess export controls on AI tech and semiconductor chips 04/10/2023 at 15:02 By Cointelegraph By Savannah Fortis 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. This article is an excerpt from Cointelegraph.com News View Original Source

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Head of Portugal Central Bank deems crypto unsustainable, calls for global regulation

European Union, Germany, India, MiCA, Portugal /

Head of Portugal Central Bank deems crypto unsustainable, calls for global regulation 03/10/2023 at 12:02 By Cointelegraph By David Attlee Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts. This article is an excerpt from Cointelegraph.com News View Original Source

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Georgia preparing limited live CBDC pilot, considering Ripple among tech providers

CBDC, Digital Currency, Euro, Europe, European Union /

Georgia preparing limited live CBDC pilot, considering Ripple among tech providers 29/09/2023 at 22:02 By Cointelegraph By Derek Andersen As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom. This article is an excerpt from Cointelegraph.com News View Original Source

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Gemini to halt operations in the Netherlands by mid-November

Europe, European Union, Gemini, MiCA, Netherlands /

Gemini to halt operations in the Netherlands by mid-November 29/09/2023 at 13:02 By Cointelegraph By David Attlee The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market. This article is an excerpt from Cointelegraph.com News View Original Source

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