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Members of the European Parliament gave their final approval to a package of EU-wide regulations for crypto assets. The legislators also backed the introduction of mechanisms allowing the tracing of cryptocurrency transactions which will also apply to private crypto wallets above a certain threshold. European Lawmakers Endorse Groundbreaking Crypto Assets Legislation Europe’s new common rules … Read more
Immediately after passing the European Parliament, Ukrainian authorities announced plans to adopt the EU’s MiCA regulations on crypto assets. Go to Source Powered by WPeMatico
Many lauded the bill’s approval, suggesting that its anticipated passage could leave the United States at a disadvantage for attracting crypto firms and investments. Go to Source Powered by WPeMatico
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
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
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
A group of EU politicians called for a united front in developing AI while tech executives express concerns about its societal impacts. Go to Source Powered by WPeMatico
The project claimed that the bill as currently written could “substantially inhibit innovation and economic growth” in the EU without amendments to clarify the role of smart contracts. Go to Source Powered by WPeMatico
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
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