Social media platforms mentioned in European Consumer Organization’s report include YouTube, TikTok, Instagram, and Twitter, criticizing them for their lax advertisement guardrails.
While the European Union’s AI Act will be voted on this month, tech chief Margrethe Vestager says more immediate action is required to rein in AI as adoption spikes.
European Parliament President Roberta Metsola formally signs the long-awaited MiCA regulation into law, bringing regional digital assets providers and issuers under a common regulatory framework.
The research paper focused solely on retail central bank digital currencies, which explored potential legal issues and the need to engage with stakeholders for optimum results.
The final stamp of approval for the MiCA bill was granted by EcoFin on May 16, alongside the adoption of two more pieces of legislation focused on transferring funds and certain digital assets.
Two committees in the European Parliament voted for the amended AI Act to crack down on biometric surveillance, emotion recognition, and predictive policing.
Under the proposed DAC8, entities and individuals seeking to provide digital asset services in the EU would be mandated to submit data concerning any transaction involving digital assets.
Ukraine, which isn’t a full member of the European Union yet, will implement the region’s digital asset regulation framework MiCA, which was voted in just this month.
The European Union is bracing for a host of regulations focusing on safeguarding consumers and protecting the region's financial stability following the European Parliament's approval of MiCA.
Members of the European Union Parliament want the EU Commission and President Joe Biden to lead the development of governance models for AI, as Google CEO and Musk shoot AI warnings.
The French central bank published a detailed discussion paper this week on DeFi, exploring its risks and the potential regulatory changes that could mitigate them.
After Russia invades Ukraine, sanctions are back on the agenda, and when it comes to getting around them, misuse of digital assets appears to be essential.
