Spanish central bank official talks about private payment services in era of digital euro
Banco de España Deputy Gov. Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial service providers. This post was originally published on this site
Spain launches AI regulation agency in bid to become industry leader
Spain has become one of the first countries in the European Union to establish its own task force for regulating Artificial Intelligence on Aug. 22, when the Council of Ministers approved a Royal Decree establishing the new agency.This post was originally published on this site
France updates its crypto licensing regime to synchronize with MiCA
The amendments will become obligatory starting Jan. 1, 2024, and must be taken into account in by applicants for enhanced DASP registration.This post was originally published on this site
German political parties split on how to regulate increasing AI adoption
As the trilogue on the AI Act begins, the European Commission, German politicians, and digital experts express skepticism and make new demands. This post was originally published on this site
The EU Commission’s strategy on Web4 is a flop
There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.”This post was originally published on this site
Euro stablecoin market set to take off, thanks to real-world uses, regulatory clarity: Circle exec
Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC; it all looks rosy, he said.This post was originally published on this site
European trade body warns against the exclusion of DeFi from MiCA
The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization. This post was originally published on this site
European Commission aims for universal acceptance with Digital Euro proposal
With this move, the European Commission aims to open up the payments market that has been controlled by banks, Visa and Mastercard.This post was originally published on this site
Binance reverses decision to delist privacy coins in Europe
Binance said after carefully considering feedback from the community and several projects it revised operations to comply with EU standards.This post was originally published on this site
Issuing digital euro, or ‘Cash+,’ is probably a duty, French central banker says
François Villeroy de Galhau tried to soft sell the proposed euro CBDC to commercial bankers, emphasizing collaboration and the CBDC’s advantages.This post was originally published on this site