european commission – DIGIT INFO

Cyprus SEC Enforces EU Crypto Regulation — Key Deadlines Loom

DIGIT — Fri, 18 Oct 2024 08:46:21 +0000

Key deadlines for crypto-asset regulation are approaching, as Cyprus’ regulator announced that the EU’s Markets in Crypto-Assets Regulation (MiCAR) will take effect for service providers by December 2024, with registration closing by October. Providers already registered may operate until mid-2026 or until their authorization status is determined, marking a major shift in crypto compliance across […]

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EU markets watchdog recommends amending MiCA regulations

DIGIT — Wed, 16 Oct 2024 13:10:42 +0000

The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives.

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New regulators are set to define Europe’s crypto policies

DIGIT — Wed, 04 Sep 2024 20:02:47 +0000

The European Parliament is set to establish a new European Commission, and it will determine the next five years of crypto policy for the European Union.

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Tech firms pen letter to EU requesting more time to comply with AI Act

DIGIT — Fri, 09 Aug 2024 12:29:14 +0000

Tech companies release a joint letter requesting more time from the EU to comply with AI Act requirements, citing challenges due to the summer recess.

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‘Extended reality’ to create 860K jobs by 2025: EU Commission

DIGIT — Wed, 12 Jul 2023 02:56:54 +0000

The European Commission has laid out its plans for becoming a “world leader” in Web 4.0 and the Metaverse.

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Stablecoin survival: Navigating the future amid global de-dollarization

DIGIT — Fri, 19 May 2023 10:41:44 +0000

The stablecoins with the largest market cap are pegged to the U.S. dollar, so what risk does de-dollarization pose to stablecoin users?

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EU sets up research hub to analyze Big Tech’s AI algorithms

DIGIT — Wed, 19 Apr 2023 06:31:18 +0000

The research unit will be tasked with auditing the AI-backed algorithms used by large technology firms such as Google and Meta.

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European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks

DIGIT — Fri, 17 Mar 2023 00:00:31 +0000

Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert” to events as they unfold, European Commissioner Mairead McGuinness has said. Despite McGuinness’ reassuring remarks, stocks of Europe’s largest banks still plunged by as much as 10% on March 15. Silicon Valley Bank’s ‘Limited’ EU […]

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Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy

DIGIT — Thu, 19 Jan 2023 08:30:47 +0000

The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the single currency area’s monetary authority sought to reassure future users that the new currency will be “preserving privacy by default and by design.” Eurogroup to Remain Involved in […]

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Brussels Wants All Crypto Service Providers to Report Transactions of Europeans

DIGIT — Fri, 09 Dec 2022 12:30:00 +0000

The European Commission has set out to oblige platforms processing crypto transactions for EU residents to share information with tax authorities in the Union. According to the proposal, all crypto service providers, regardless of where they are based, will have to abide by the new rules. EU to Consider New Reporting Requirements for Crypto Platforms […]

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