Tag: EU
Proposed European Electronic ID Law Raises Concerns
The harmonisation of standards for electronic identification across the EU should normally be soporific enough to send even the most Club-Mate-hyped hacker straight to sleep, but as [more…]
Get Back Your Replaceable Batteries, Thanks To The EU
The world’s tech companies must harbour a hearty dislike for the European Union because when the many cogs of its bureaucracies turn, they find themselves with little [more…]
EU Drafts AI Bill to Address Copyright Concerns
Concerns over the usage of copyrighted material have risen to the forefront as the use of artificial intelligence (AI) in the production of content becomes more commonplace. [more…]
The Cyber Resilience Act Threatens Open Source
Society and governments are struggling to adapt to a world full of cybersecurity threats. Case in point: the EU CRA — Cyber Resilience Act — is a [more…]
EU/Luxembourg Update: New Blockchain/ DLT Pilot Regime for Financial Instruments Becomes Effective on March 23
By Dr. Jan Boeing and Maxime Barthez[1], Luxembourg and the EU have taken an important step forward in the area of blockchain and Distributed Ledger Technology (“DLT”). [more…]
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call [more…]
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential launch of a digital euro. Meanwhile, the [more…]
Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says
Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. [more…]
European Central Bank Calls for ‘Globally Coordinated’ Regulation on Cryptocurrency
European Central Bank (ECB) official Fabio Panetta has called for a global framework for cryptocurrency regulations in an industry that he says resembles the “Wild West.” “The [more…]
EU Considers Significant Regulations for AI
On April 21, 2021, the European Commission released a highly-anticipated proposal for a regulation governing artificial intelligence (AI). The proposal has been drafted by the Commission and its advisers, [more…]