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EU Lawmakers Skeptical on Digital Euro Plans
19.4.2023
Members of the European Parliament seem nonplussed as they are set to consider legislation for a central bank digital currency
EU sets up research hub to analyze Big Tech's AI algorithms
19.4.2023
The research unit will be tasked with auditing the AI-backed algorithms used by large technology firms such as Google and Meta
ECB President Lagarde Warns of ‘Major Disaster’ If US Defaults on Debt Obligations
18.4.2023
There is a lot of discussion lately about the U.S. government’s debt ceiling and whether Congress will act before defaulting. In a recent interview, Christine Lagarde, the president of the European Central Bank (ECB), said she is confident the U.S. can maintain its debt obligations. However...
Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote
18.4.2023
U.S.-based cryptocurrency exchange Kraken received its virtual asset service provider authorization from the Central Bank of Ireland
EU legislators call for ‘safe’ AI as Google’s CEO cautions on rapid development
18.4.2023
A group of EU politicians called for a united front in developing AI while tech executives express concerns about its societal impacts
Polygon calls on EU lawmakers to address smart contracts in Data Act
17.4.2023
The project claimed that the bill as currently written could "substantially inhibit innovation and economic growth" in the EU without amendments to clarify the role of smart contracts
Crypto in Europe: Economist breaks down MiCA and future of stablecoins
14.4.2023
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe
Europeans to See More Interest Rate Hikes, Central Bank Governors Indicate
14.4.2023
Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Two central bank governors, with different opinions about how aggressive the European Central Bank should be, nevertheless agree that more increases...
First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation
13.4.2023
A data breach and a lack of transparency led Italy to ban ChatGPT, the popular AI-powered chatbot, sparking a debate on the future of AI regulation and innovation
Providing liquidity: Will you dare to be a pioneer?
13.4.2023
Making the most of liquidity pools requires rigorous research and careful planning. With a well-executed strategy, it’s possible to generate generous returns
Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple
13.4.2023
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency. Monetary...
Swiss court gives green light for FTX to sell its European arm
12.4.2023
The approval of a petition in Switzerland allowing FTX Europe AG's sale would be in accordance with U.S. bankruptcy court, where FTX's global business filed for Chapter 11
US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia
12.4.2023
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide...
French central bank looks at certification, incorporation as part of DeFi regulation
11.4.2023
The Banque de France presented a well-written consideration of issues related to DeFi and forthcoming MiCA regulation, with suggestions
ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
8.4.2023
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the...
Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say
7.4.2023
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes...
Europe’s digital ID wallet — Easy for users or a data privacy nightmare?
7.4.2023
European Union lawmakers are planning an EU-wide digital identity wallet for access to essential services
Here's how much is lost to crypto hacks and exploits in Q1 2023
7.4.2023
BNB Chain had the largest number of incidents in the quarter, while Ethereum had the biggest amount lost
CBDC will be used for ‘control’ ECB president admits in vid chat with fake Zelensky
7.4.2023
The ECB President admitted that “there will be control” in regards to a digital euro, much to the displeasure of the crypto community
Germany plans to issue electronic shares on blockchain, boost startups
6.4.2023
Under the Future Finance Act, the German government is pushing for more welcoming regulations for startups working with financial innovation