Search Results for "european"
Germany’s Financial Regulator Warns Binance Over Stock Token Offering
Germany's financial regulator BaFin has warned Binance that it may be violating European securities laws with the introduction of its stock token trading.
European Union Introduces Comprehensive Crypto Law
The European Union has introduced a new crypto licensing regime called Markets in Crypto-Assets (MiCA), making it the first major jurisdiction in the world to introduce a comprehensive crypto law. The EU also voted in favor of a Transfer of Funds regulation that requires crypto operators to identify their customers in a bid to halt money laundering.
Dutch Government Invests Heavily in AI to Compete Globally
The Dutch government has allocated €204.5 million ($222.07 million) for AI development, signaling a robust commitment to advancing the Netherlands' position in the global AI landscape and adhering to the EU's AI Act.
Google Assistant to Integrate Bard AI for Enhanced Capabilities
Google Assistant is set to integrate with Google's Bard AI to offer enhanced functionalities. The integration will allow Google Assistant to perform complex tasks like planning vacations and sorting emails. Although the feature is still under testing, it marks Google's aggressive efforts to compete in the AI space.
G20 Lays Regulatory Foundation to Accept Digital Payments by November Summit
G20 officials have announced that they will begin the preliminary regulatory groundwork for the group to accept digital payments.
Estonia's Central Bank Launches Research Project into CBDC
Estonia’s Central Bank also known as Eesti Pank has launched a multi-year research project into central bank digital currencies.
Bitstamp acquires a Spanish crypto licence
Bitstamp has been focusing on the European Union market since its launch in 2011. The approval from the Bank of Spain lets Bitstamp's local subsidiary offer digital currency exchange services for fiat currency and electronic wallet custody services to Spanish users. By this fall, the country became home to the third-largest network of Bitcoin and cryptocurrency ATMs after the United States and Canada.
EU Plans to Bar Interest Payments on Deposits in Stablecoins
Patrick Hansen, the head of Strategy at DeFi startup, Unstoppable Finance, said the expected MiCA bill could come as early as this month’s ending.
Ethics of Web3 Discussed at Paris Blockchain Week
The second day of Paris Blockchain Week 2023 featured a panel discussion on the Ethics of Web3. The panelists agreed that ethical frameworks often lag behind technology and that innovation comes before any ethical standards are implemented. They highlighted the upcoming Markets in Crypto-Assets framework in the European Union as an example of turning ethics into law to protect people and innovation.
Bank of Spain Plans to Look at Design Proposals and Economic Implications of a CBDC
Spain’s Central Bank mentioned that it would study the design proposals and economic implications of a CBDC in the country.
ECB to Meet the Growing Demand for Digital Payments with a CBDC Digital Euro
President of the ECB Christine Lagarde broached the topic of CBDC issuance and why the bank was seriously considering the creation of a digital euro.
European Investment Bank to Harness Blockchain Technology for Bond Sale
The European Investment Bank (EIB) intends to deploy blockchain technology for selling bonds.