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Romania green lights AI blueprint in line with EU objectives
Romania’s government has approved a national AI strategy that will run until 2027 after a period of regulatory back-and-forth with agencies and the general public.
Romania’s government has approved a national AI strategy that will run until 2027 after a period of regulatory back-and-forth with agencies and the general public.
The call for information is open until September 13; after that, the regulators will analyze all responses received and provide an update by Q1 2025.
The AMF received 34 responses from various players in the DeFi ecosystem, centralized players from the digital asset sector and traditional finance around the world.
Despite being Europe’s largest economy and having decades’ worth of AI research, Germany is a net importer of AI products and services from China and the United States.
For the upcoming trials in July, DLT operators, comprising 48 private firms, will pilot cross-border and PvP transactions in an attempt to revolutionize the global financial system.
BBVA has expanded aggressively in Italy, where it now has 500,000 clients on its digital banking platform, and it plans to sell 300 physical branches in Spain.
The report by ISSA revealed that the strategic importance of distributed ledger technology has increased by 9% in 2024, with Europe leading in adoption ahead of North America.
In this exclusive interview, Mata shares his hope for the EC's regulatory sandbox and his thoughts on Brickken's participation and working with regulators while testing new products and services.
This regulatory sandbox, driven by the European Commission, will provide legal certainty for decentralized technological solutions by identifying deployment obstacles from a regulatory perspective.
The EU's latest report warns about the broad deployment of ZKPs and Layer 2 apps on blockchain networks, which could complicate fund tracing as 'cryptos' become tools for criminal activities.
Binance revealed its latest efforts to implement the stablecoin provisions in the EU's MiCA; while the rules don't kick in until December, the regulations on stablecoin will take effect on June 30.
The European Union is rapidly progressing in blockchain technology and combined with its AI Act and strong digital rights, it will likely emerge as a frontrunner in these areas by the next decade.