The country’s government plans to accelerate the development of a European blockchain infrastructure during its presidency of the Council of the European Union.
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.
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.
European Banking Authority, ESMA issue crypto entity suitability guidelines
The joint guidelines include granting authorization for ART and CASP issuance and conducting prudential assessments for potential acquisitions.
EU data protection regulators urge anonymity for smaller transactions in digital euro
The European Data Protection Board and the European Data Protection Supervisor issued a joint opinion statement on the regulation of “digital euro.”
US surveillance and facial recognition firm Clearview AI wins GDPR appeal in UK court
According to court documents, the UK commissioner doesn’t have the authority or jurisdiction to cite or fine the “foreign” company for GDPR infractions.
Finland works on instant payments system, embraces digital euro
The Bank of Finland actively promotes the development of new forms of payment.
ECB officials move to ‘preparation phase’ for digital euro
Though the issuance of a digital euro is not a certainty, officials with the European Central Bank are moving to next phase of the project.
Central banks want to look under crypto’s hood — Is this a positive sign?
The mere fact that the Deutsche Bundesbank, BIS and other financial incumbents want such information now suggests a tacit acceptance of crypto.
Council of Europe adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union
UK to target potential AI threats at planned November summit
The summit scheduled for Nov. 1–2 will place significant emphasis on the potential existential threat that AI represents, a concern shared by several legislators.