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Nalezeno "European": 1331

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

MiCA: A Catalyst for Increased VC Funding in European Crypto Startups

15.5.2023
The European Union’s new regulatory framework for crypto, MiCA, will make European crypto startups far more attractive to investors, one expert has argued. Writing on Twitter last week, Patrick Hansen, Director of Strategy and Policy at USDC-issuer Circle, said that “the MiCA effect” can already...

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,...

US SEC’s Hester Peirce Says European Regulation MiCA Could Serve as a “Model” for the US

12.5.2023
Republican leader at the US Securities and Exchange Commission said Europe’s legislation to regulate cryptocurrency could be a model as the country grapples with how to write rules for the industry. SEC Commissioner Hester Peirce, also nicknamed “Crypto Mom,” spoke at a Financial Times live event...

Inflation Expectations of Eurozone Consumers ‘Increased Significantly,’ ECB Says

12.5.2023
Consumers in the euro area have sharply raised their expectations about inflation in the coming months, the European Central Bank revealed. Survey data showing this comes after the monetary authority slowed the pace of its rate hikes last week while indicating that it’s still early for a pause....

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...

EU AI Act updated with public facial recognition ban

11.5.2023
Regulators in the EU concluded another round of voting which added a new ban on the public use of biometric surveillance into its forthcoming AI Act

EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals

11.5.2023
The European Banking Authority doesn’t want private crypto initiatives to threaten monetary policy privileges

3 takeaways from the European Union's MiCA regulations

11.5.2023
The European Union’s Markets in Crypto-Assets regulation could stifle innovation and increase compliance costs for the crypto industry

ECB Raises Interest Rates by 25bps Amid ‘Too High’ Inflation, ‘No Pause,’ Lagarde Says

5.5.2023
The European Central Bank (ECB) raised its key interest rates by 25 basis points, slowing the pace from previous increases. However, as inflation in the euro area remains persistently high, future rate hikes may still be expected with the regulator insisting it will continue to seek a “timely...