EU

Meta Platforms Inc. (NASDAQ:META), the parent company of Facebook, reportedly intends to disrupt the app distribution landscape by taking on industry giants Apple Inc. (NASDAQ:AAPL) and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) through a strategic move involving Facebook ads.  What Happened:...

Lithuania’s prominent institutional actors in fintech including the Ministry of Finance, the Bank of Lithuania, Go Vilnius, ROCKIT, and Fintech Hub LT signed a Memorandum of Understanding, solidifying guidelines to enhance conditions for business in the sector and fostering the development of...

Both in the United States and abroad, concerns are mounting about the potential for artificial intelligence (AI) technology to cause more harm than good. Along with the Biden administration, the European Union is taking serious action with the approval of its Artificial Intelligence Act. ChatGPT...

While U.S. President Joe Biden has acknowledged the risks and "enormous promise" of artificial intelligence, the regulatory framework in the country still lags behind that of the EU and China.  What Happened: Earlier this week, Biden held a meeting with AI experts, researchers, and advocates...

While the Biden administration and China continue to ponder the future of artificial intelligence (AI) regulation, European lawmakers are pushing forward to finalize the Western world’s first set of AI rules.  Two years ago,  the 27 nations that make up the European Union proposed a...

The European Union lawmakers on Thursday voted overwhelmingly in favor of two new laws related to the regulation of cryptocurrencies. The first law, known as MiCA, establishes a comprehensive crypto licensing regime that requires wallet providers and exchanges to obtain a license to operate...

European Parliament officials will meet on March 28 to vote on the wording of an anti-money laundering bill. The digital assets industry had expressed concerns about the bill, prompting policymakers to return to the original phrasing regarding commercial payments, The Block reported. One provision...

According to sources close to Boris Johnson, the former prime minister's legal team is preparing to present new evidence that they believe will clear him of any wrongdoing in the ongoing Partygate scandal. The evidence, which his allies are calling a "bombshell defence dossier," reportedly includes...

The European Union (EU) must expedite the rollout of strict capital rules for banks holding crypto assets in a pending banking law if it wants to meet the deadline set by the Basel Committee, warned the bloc's executive. What Happened: The committee has imposed a January...

President Vladimir Putin's point man on energy and Russian Deputy Prime Minister Alexander Novak said even if Russia has to trim production, it will not sell oil subject to a Western price cap, Reuters reported on Sunday. The Group of Seven (G7) ...

In October, the White House ruled out a ban on natural gas exports this winter in an attempt to help alleviate energy shortages in Europe. With nearly half of all U.S. households using natural gas to heat their homes, the U.S. Energy Information Administration (EIA) is expecting an increase in...

As part of its eighth round of sanctions on Russia, the European Union (EU) has imposed a blanket ban on all cryptocurrency services to Russian businesses. “The existing prohibitions on crypto assets have been tightened by banning all crypto-asset wallets, accounts, or custody services,...

European Union is reportedly building a 'spy-proof' EUR 8 million ($8.1 million) bunker in Brussels for hosting confidential meetings of the bloc leaders. The bunker is capable of housing around 100 people — up to 34 leaders and 34 assistants, as well as protocol,...

Marcus Sotiriou, Analyst at the UK based digital asset broker GlobalBlock Bitcoin (CRYPTO: BTC) climbed overnight to $39,000, as the crypto market remains in a state of indecision. There are bullish and bearish catalysts on the horizon, but in the short term risks are dominant...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. e-Money, a Danish Fintech company and blockchain-based payment platform, has announced that its European stablecoin eEUR is the first...