Europe Archives

Bundesbank president: Digital euro ‘won’t be introduced anytime soon’

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30 April, 2024

Bundesbank president: Digital euro ‘won’t be introduced anytime soon’

German central banker Dr. Joachim Nagel says the digital euro won't likely be live before 2028-2029 as Europe continues to...

EU’s anti-money laundering bill passes final vote

Business

James Field

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26 April, 2024

EU’s anti-money laundering bill passes final vote

The latest AML package is part of an increased effort by the EU to combat terrorist financing, and money laundering,...

EU is not so crypto-friendly, regulator warns

Business

Fred Baker

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23 April, 2024

EU is not so crypto-friendly, regulator warns

While much of the world is warming up with blockchain and digital currencies, laws targeting these industries in the EU...

German regulator BaFin calls for responsible AI use and regulation that avoids unnecessary bureaucracy

Business

James Field

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26 March, 2024

German regulator BaFin calls for responsible AI use and regulation that avoids unnecessary bureaucracy

Bafin's Director, Dr. Thorsten Pötzsch, has highlighted the need for practical EU regulation and also called for companies to "manage...

Google pledges $26 million for AI training initiative in Europe

Business

Steve Kaaru

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14 February, 2024

Google pledges $26 million for AI training initiative in Europe

Half the funds in the AI Opportunity Initiative will go toward upskilling European workers, as the rest goes to supporting...

EU catches up with AI, leads blockchain adoption

Business

Gavin Lucas

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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...

European Banking Authority extends anti-money laundering guidance to digital assets

Business

James Field

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19 January, 2024

European Banking Authority extends anti-money laundering guidance to digital assets

The EBA's amended AML guidelines, the second landmark law passed after MiCA, will apply from December 30, 2024, with an...

Deloitte unveils AI chatbot prioritizes employee productivity

Business

Wahid Pessarlay

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13 January, 2024

Deloitte unveils AI chatbot prioritizes employee productivity

Deloitte debuts PairD, an in-house AI chatbot enhancing productivity for 80,000 employees in the Middle East and Europe with code...

Eurosystem seeks participants for blockchain-based payment with central bank money

Business

Wahid Pessarlay

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22 December, 2023

Eurosystem seeks participants for blockchain-based payment with central bank money

Eurosystem has initiated trials for blockchain-based interbank transfers, assessing solutions like Italy's TIPS Hash and France's Full-DLT, open to diverse...

Industry figures fear EU ban on block reward mining could be imminent

Business

James Field

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21 December, 2023

Industry figures fear EU ban on block reward mining could be imminent

The fate of block reward mining hangs in the balance following the European Commission methodology tender's conclusion, which seemingly hints...

EU agrees ‘historic’ deal to regulate AI

Business

James Field

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12 December, 2023

EU agrees ‘historic’ deal to regulate AI

Legislators in the European Union reached an agreement on the Artificial Intelligence Act, which aims to ensure that "fundamental rights,...

European Central Bank steps up wholesale digital euro trials

Business

Steve Kaaru

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29 November, 2023

European Central Bank steps up wholesale digital euro trials

The European Central Bank recently held a meeting in which it outlined the themes it’s exploring, including assessing the demand...

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