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Spain to implement MiCA six months ahead of July 2026 deadline
31.10.2023
The country said EU crypto rules will come into force in December 2025, ahead of the general deadline for implementing MiCA for all 27 member-states of the EU
G7 countries to launch AI code of conduct: Report
30.10.2023
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology
How major German firms like Mercedes and Lufthansa are using NFTs
27.10.2023
German brands embrace NFTs, exploring new ways to engage with customers and build brand loyalty
Bank of Spain embraces 'digital euro,' explains its benefits
25.10.2023
The digital euro will make electronic payments a vital piece of the financial system, the statement claims
Regulators around the globe assert more control over crypto: Law Decoded
23.10.2023
From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets
Data Protection Bodies Call For ‘Privacy Threshold’ in Digital Euro Transactions
21.10.2023
Ensuring low-value digital euro transactions are not traced is one of the recommendations made by two data protection agencies in the EU. The independent bodies have presented their joint opinion on the proposed regulation for the upcoming digital version of Europe’s common fiat currency....
Greece establishes AI advisory committee to create national strategy
20.10.2023
The Greek prime minister created an AI advisory committee comprising some of the country’s top tech, ethics and science professionals
Binance shutting down European Visa debit card in December
20.10.2023
Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment
EBA and ESMA Release Consultation Paper on Assessing Suitability for Crypto-Asset Service Providers
20.10.2023
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published a joint consultation paper on two draft guidelines.
On October 19, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) published joint guidelines that...
European Banking Authority, ESMA issue crypto entity suitability guidelines
20.10.2023
The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions
EU data protection regulators urge anonymity for smaller transactions in digital euro
20.10.2023
The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on the regulation of “digital euro.”
US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court
19.10.2023
According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions
Tax Authorities in EU to Share Transaction Data Reported by Crypto Firms
19.10.2023
New EU rules will introduce automated exchange of information on crypto revenues reported by service providers in the sector. A new directive adopted by the Union expands existing registration and reporting obligations as well as cooperation between tax administrations across the bloc. Information...
Finland works on instant payments system, embraces digital euro
19.10.2023
The Bank of Finland actively promotes the development of new forms of payment
ECB officials move to 'preparation phase' for digital euro
18.10.2023
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
EU Adopts DAC8 – New Cryptocurrency Tax Reporting Rule To Take Effect Soon
18.10.2023
European Union (EU) finance ministers approve new regulations requiring cryptocurrency firms to share data on customer cryptocurrency holdings with tax authorities.
On October 17, the EU adopted the Eighth Directive on Administrative Cooperation (DAC8), which is set to go into force in 2024....
Central banks want to look under crypto’s hood — Is this a positive sign?
18.10.2023
The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto
Council of Europe adopts DAC8 crypto tax reporting rule
18.10.2023
The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union
UK to target potential AI threats at planned November summit
18.10.2023
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
Europe's AML regulations come at a high cost — for your privacy and otherwise
17.10.2023
The European Union’s anti-money laundering laws infringe upon personal privacy, and they come with costs that are simply too high