Do Kwon extradition approved by Montenegro court
Montenegro’s Minister of Justice will make the final decision on Do Kwon’s extradition to either South Korea or the United States. Go to Source
Europe
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EU tech coalition warns of over-regulating AI prior to EU AI Act finalization
A group of 33 businesses and tech companies have signed a joint letter to EU regulators urging them not to over-regulate emerging AI technologies at the cost of innovation. Go to Source
Italian regulators investigate online AI data scraping
The Italian Data Protection Authority has launched a “fact-finding” probe into the security practices of public and private websites to prevent AI data scraping. Go to Source
Belgium seeks to reboot the EU blockchain infrastructure project
The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the EU Council. Go to Source
Can blockchain supply the guardrails to keep AI on course?
Some believe that hybrid blockchains with both private and public aspects can solve AI’s black-box problem. Go to Source
Ukraine officials get training on crypto and virtual assets investigation
The officials from Ukraine were trained in tracing crypto transactions over different blockchains using specialized analytics software. Go to Source
German Parliament member ’staunch opponent’ of digital Euro, all in on Bitcoin
EU lawmakers are anticipating the arrival of the digital euro, though German politician Joana Cotar is pushing back against the currency and fighting in favor of Bitcoin. Go to Source
EU banking watchdog proposes liquidity rules for stablecoin issuers
The proposed guidelines are currently in the public consultation phase for the next three months, and if approved, it will come into effect starting in June 2024. Go to Source
HSBC taps Ripple’s Metaco to launch security token custody
HSBC has partnered with Ripple-owned tech firm, Metaco, to allow institutional investors hold tokenized securities on its new custody platform. Go to Source
Robinhood eyes European expansion amid Q3 revenue drop
Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform. Go to Source
