The Act, inclusive of a clause necessitating “kill switches” on smart contracts, only now needs approval from the European Council to pass into law.
Category: European Union
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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.
Spain to implement MiCA six months ahead of July 2026 deadline
The country said EU crypto rules will come into force in December 2025, ahead of the general deadline for implementing MiCA for all 27 member-states of the EU.
G7 countries to launch AI code of conduct: Report
The Group of Seven (G7) countries will agree on a voluntary AI code of conduct for companies developing AI to reference for mitigating risks and benefits of the technology.
How major German firms like Mercedes and Lufthansa are using NFTs
German brands embrace NFTs, exploring new ways to engage with customers and build brand loyalty.
Bank of Spain embraces ‘digital euro,’ explains its benefits
The digital euro will make electronic payments a vital piece of the financial system, the statement claims.
Regulators around the globe assert more control over crypto: Law Decoded
From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets.
Greece establishes AI advisory committee to create national strategy
The Greek prime minister created an AI advisory committee comprising some of the country’s top tech, ethics and science professionals.
Binance shutting down European Visa debit card in December
Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment.