Amnesty’s secretary general said the EU has a chance to lead with new AI regulations and member states shouldn’t “undermine” the forthcoming AI Act.
Category: European Union
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European regulator: CASPs should work on protocol interoperability, self-hosted wallets
The European Banking Authority wants to update existing anti-money laundering rules and combat the financing of terrorism for crypto providers.
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.
FTX collapse, Binance’s US settlement provide strong case for MiCA regulations
European Commission policy officer Ivan Keller highlights high-profile centralized exchange shortcomings as key reasons for the implementation of MiCA regulations in Europe.
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.
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.
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.
EU backs Data Act with clause to shut off smart contracts
The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law.
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.
Survey: 65% of Spaniards aren’t interested in using digital euro
The country’s population doesn’t demonstrate as high a confidence level in the European Central Bank’s digital currency project as the government does, according to the survey.
