EU data watchdog warns of ‘hell on Earth’ scenario for US AI companies
Europe’s Data Protection Supervisor predicts trouble abroad and at home for U.S. AI companies that run afoul of GDPR. Go to Source Powered by WPeMatico
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German regulators launch inquiry into ChatGPT GDPR compliance
Germany becomes the latest European nation to officially question OpenAI’s compliance with GDPR. Go to Source Powered by WPeMatico
What’s next for EU’s crypto industry as European Parliament passes MiCA?
What is the potential impact of MiCA on the EU crypto and blockchain market, and what other regulations can be expected for this rapidly evolving industry? Go to Source Powered by WPeMatico
Crypto financial services provider Januar receives full Danish payments license
The Danish startup founded by former Chainalysis staff helps crypto companies find banking services by connecting them to IBAN infrastructure. Go to Source Powered by WPeMatico
European Parliament report recommends researching, but not launching, digital euro
A European economist has found that a digital euro would be a problem without a solution; just wait and see, he suggested. Go to Source Powered by WPeMatico
Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote
U.S.-based cryptocurrency exchange Kraken received its virtual asset service provider authorization from the Central Bank of Ireland. Go to Source Powered by WPeMatico
Crypto in Europe: Economist breaks down MiCA and future of stablecoins
A principal economist of the European Commission shares his views on stablecoins and the future of regulations in Europe. Go to Source Powered by WPeMatico
First of many? How Italy’s ChatGPT ban could trigger a wave of AI regulation
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. Go to Source Powered by WPeMatico
Swiss court gives green light for FTX to sell its European arm
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. Go to Source Powered by WPeMatico
US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia
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 Russia, threatening to cut trade if they don’t comply. … Read more
