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PlayStation Has To Pay Back Some Loot Boxes After Court Ruling
17.5.2023
Over the past few years EA’s FIFA series has been the target of multiple investigations and government hearings across Europe, with some countries concerned that the game’s flagship Ultimate Team mode is basically gambling, and others convinced that it is and taking action.Read more
G7 pushes accelerating global implementation of ‘travel rule’ for crypto assets
15.5.2023
Group of 7 members met in Japan, where they discussed CBDCs and crypto regulation, with an eye towards quickly implementing the “travel rule” for crypto assets
Microsoft Activision Deal Might Not Be Dead After All, Approved In Europe
15.5.2023
Last month, regulators blocked Microsoft’s purchase of Activision Blizzard in the UK, seemingly spelling doom for the $69 billion deal. On May 15, however, European Union regulators announced it has been approved on the continent, giving the gaming companies some fresh momentum as they seek...
Romania harnesses AI for data-driven policy recommendations
12.5.2023
Officials in Romania have created and employed an AI-powered robot to source community concerns and turn the collected data into policy recommendations
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....
Lufthansa, Eurowings, other travel industry players push forward with Web3
12.5.2023
After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3 technology
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
Hungarian Central Bank Sees No Imminent Need for e-Forint
10.5.2023
The EU member is still trying out options for a central bank digital currency that could help the unbanked
Ireland's Central Bank Governor Labels Unbacked Cryptos as Ponzi Schemes
10.5.2023
Unbacked cryptocurrencies are more like a "Ponzi scheme" than an investment, argued Central Bank of Ireland Governor Gabriel Makhlouf - but adding that "crypto is not going away very soon."
In a Friday blog post, Makhlouf stated that Ireland's Central Bank differentiates between 'backed'...
Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior
8.5.2023
Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line
Bitcoin takes flight in Liechtenstein: Minister proposes government services paid in crypto
8.5.2023
Prime Minister Daniel Risch of Liechtenstein told local papers that Bitcoin is set to play a growing role in government services payments
Liechtenstein Plans to Accept Bitcoin for Payments to State, Prime Minister Says: Report
8.5.2023
Under the plans, any crypto received will immediately be exchanged for Swiss francs, Prime Minister Daniel Risch told German news publication Handelsblatt
Today in Crypto: Voyager Might Start Fund Distribution in ‘Few Weeks’, Jack Dorsey’s Cash App Posts $2.16B in BTC Revenue for Q1, UK Continues Crypto ATM Crackdown
5.5.2023
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: Voyager Might Start Fund Distribution in ‘Few Weeks’, Jack Dorsey’s Cash App Posts $2.16B in BTC Revenue...
Lisbon Leads the Way as the World's Premier Crypto Hub, Outranking New York and Berlin: Report
4.5.2023
Portuguese capital takes the top spot among the world's most important crypto hubs - ahead of New York, Berlin, and Paris, according to a report by European crypto investment firm Greenfield.
The company argued that, while there are multiple reports on global crypto development, regional reports...
French Senate proposal would allow influencers to promote cryptocurrency
3.5.2023
The senate’s proposal comes just months after the National Assembly floated legislation banning influencer advertising for crypto products and services
Global Law Enforcement Agencies Dismantle Darknet Marketplace Monopoly Market, Arrest 288 and Seize $53.4 Million
3.5.2023
On May 2, 2023, Europol announced a collaborative effort between law enforcement agencies from the U.S., Europe, the U.K., and Brazil culminated in 288 arrests, along with the confiscation of 850 kg of illegal drugs, 117 firearms, and $53.4 million in cash and cryptocurrencies. This joint venture...
European Union pushes forward with first AI framework: Law Decoded, April 24–May 1
1.5.2023
High-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures
Top Indian Banker Says US Dollar Has ‘Disproportionate Power’ as Reserve Currency; Retracts ‘Biggest Financial Terrorist’ Remark
1.5.2023
Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the U.S. dollar in global financial markets. Kotak stated that the U.S. dollar has “disproportionate power” as a reserve currency, retracting his previous...
Liechtenstein adapts blockchain laws to developing crypto landscape
1.5.2023
Future regulation is intended to ensure uniform regulation for all European countries and covered participants
Putin: US Policies Will Backfire, Russia to Expand Relations With Countries in Eurasia, Africa, Latin America
29.4.2023
Russia’s president, Vladimir Putin, has slammed the actions of the elites in the U.S. and Europe, stating that they do not always act in the best interest of their own people. “It will backfire on them,” he said. Putin also called for a cohesive response to the West’s economic aggression...