Latest European Union News

European Union and AI regulation symbol
Business 15 March 2024

EU Parliament passes landmark AI Act

The European Union parliament has approved the AI Act, which will introduce a regulatory framework that categorizes artificial intelligence apps based on their risks.

Frankfurt Old Town cityscape
Business 26 February 2024

EU’s new AML watchdog to be based in Frankfurt

Frankfurt beat bids from Madrid, Paris, Rome, and five other cities to host AMLA, a new 400-member agency whose anti-money laundering mandate will include digital assets.

European Union flag
Business 5 February 2024

EU catches up with AI, leads blockchain adoption

While the EU remains behind in AI adoption compared to other economic powerhouses, the region leads in blockchain adoption, launching various initiatives and regulations to strengthen its game.