Tag: European Union

EU sets global precedent with groundbreaking AI regulation deal

Europe has achieved a milestone in the world of AI by reaching a provisional deal on the European Union's landmark rules governing AI usage.

UK Blockchain & Digital Asset investment in 2023 on track to...

Key UK Blockchain & Digital Asset investment stats in Q1-Q3 2023: • UK Blockchain & Digital Asset deal activity is on track to reach 97...

Navigating through MiCA: Unpacking the EU’s new crypto-asset regulations

The Markets in Crypto-Assets Regulation (MiCA) is setting a precedent, crafting a well-structured framework for regulating crypto-assets throughout the European Union (EU) which are not yet encased by current financial services legislations. 

EU and US enhance data protection with new privacy agreement

The European Union (EU) has recently adopted a new and thorough robust data privacy agreement with the United States. 

Making the Internet safer: Trust Lab harnesses $15m

Palo Alto-based company, Trust Lab, with a focus on transforming online safety measures for businesses and public entities, has recently closed a $15m Series A funding round.

FinTech revenues predicted to reach $1.5trn by 2030

FinTech revenues are set to grow sixfold from $245bn to $1.5trn by 2030, according to a report from Boston Consulting Group (BCG) and QED Investors. The report suggests that the FinTech sector, which currently holds a 2% share of the $12.5trn in global financial services revenue, is estimated to grow up to 7%. 

EU passes MiCA legislation in crypto regulation breakthrough

The European Union has come one step closer to making crypto regulation a reality after it passed the Markets in Crypto Assets Regulation (MiCA) bill.

Italian and German banks urge financial institutions to adopt more flexible...

To counter the economic effects of Covid-19, Italian and German banks have drawn up a document highlighting ways for financial banks across Europe to mitigate the risk of further loss.

EU to get its own anti-money laundering body

After almost a year of discussions, EU finance ministers have agreed to launch a regulatory body focused on fighting money laundering.

Financial services organisations still unsure about data protection laws despite spending...

Data security laws are continuing to be a problem for businesses despite them having paid millions on compliance, according to a new study from Tanium, the security company.

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