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Nalezeno "European Union": 635

OpenAI warns European officials over upcoming AI regulations

25.5.2023
The CEO of OpenAI, Sam Altman, spoke with European officials in Brussels warning over the ramifications of over-regulation of the AI industry

EU watchdog warns about the risk of a bank run on stablecoins

25.5.2023
The European Systemic Risk Board suggests more disclosures, more monitoring to fight the risks of the crypto market

EU Spokesperson: Russian Banks Will Not Be Reconnected to SWIFT Anytime Soon

23.5.2023
The European Union (EU) has no intention of allowing Russian banks to be reconnected to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) banking system anytime soon. Peter Stano, spokesperson for external affairs of the EU, stated that these restrictions can only be lifted...

G7 discusses crypto, supports CBDC — Law Decoded, May 15–22

22.5.2023
The European Council has approved updated rules that extend tax reporting requirements to include transfers of crypto assets

Responsible AI can create policies to help ‘better serve society’

22.5.2023
Sabin Dima, the CEO and founder of Humans.Ai, said that with the right implementation, governments could use AI to enhance public services and policies

Italy sets aside millions for workers at risk of AI replacement

18.5.2023
Italian officials are setting aside $33 million to enhance the development of digital skills for workers at risk termination due to automation and AI

EU Council Adopts New Rules for Europe’s Crypto Markets

18.5.2023
The Council of the European Union has given its final approval to new regulations for crypto assets and markets in the EU. The decision completes a lengthy and complex legislative process for what’s considered to be the world’s first comprehensive legal framework for digital assets like bitcoin....

There's a growing case for allowing crypto firms to bypass banks

18.5.2023
Making the European Central Bank accessible to payment companies other than traditional banks would allow users to redeem their stablecoins directly for cash

Updated European tax directive requires reporting on all crypto asset transfers

16.5.2023
DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework and EU AML rules

Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round of Accusations at Huobi Founder’s Brother, Digital Yuan Enters Vietnam Border Region

16.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: BlockFi to Liquidate Platform as Selling It Wouldn’t Generate Enough Value, Justin Sun Fires a Round...

EU Council approves MiCA for clear crypto regulation

16.5.2023
European Union Council finance ministers vote to adopt the continent’s Markets in Crypto-Assets legislation following unanimous approval of new legal frameworks

De-Risking or Decoupling? China- US Bilateral Trade Falls More Than 10% This Year

15.5.2023
Analysts have criticized the new ‘de-risking’ strategy that the U.S. is currently using against China, explained by U.S. National Security Advisor Jake Sullivan in April, clarifying that national security was over economic costs. These de-risking policies might affect bilateral trade...

G7 Nations Discuss Countering China’s ‘Economic Coercion’

14.5.2023
The Group of Seven (G7) countries are discussing ways to counter China’s “economic coercion” against other nations, U.S. Treasury Secretary Janet Yellen has shared. Noting that Canada, France, Germany, Italy, Japan, the U.K., and the European Union share similar concerns,...

European Banking Authority May Veto Large Stablecoins During MiCA Approval Process

12.5.2023
The chair of the European Banking Authority (EBA), José Manuel Campa, has argued that central banks should veto stablecoins if they have fears the private, permissionless blockchains and crypto projects could threaten monetary policy. "Central banks should have the power to veto the widespread...