Agence France-Presse sues Elon Musk and X/Twitter over compensation for news
If the suit is successful, X/Twitter would have to turn over data in order for AFP to determine how much compensation it will seek.
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GitHub, Hugging Face, urge EU to relax open-source AI rules
An open letter calls for a review of the European AI Act, claiming that existing provisions would hinder open source AI development.
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.
EU finalizes Data Act with a kill switch for smart contracts: Law Decoded, June 27–July 3
European Union lawmakers have agreed to move ahead with the controversial European Data Act, which has previously drawn criticism from the crypto community.
The EU’s AI regulations sparked a letter signed by 160 tech execs
As the EU works on its upcoming AI bill, executives from 160 companies in the industry drafted an open letter on the implications of too-strict regulations.
European Commission aims for universal acceptance with digital euro proposal
With this move, the European Commission aims to open up the payments market controlled by banks, Visa and Mastercard.
EU finalizes controversial smart contract kill switch rules under Data Act
The Data Act was first proposed in early 2022 and passed by the European Parliament on March 14.
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.
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.
Santander, Crédit Agricole asset arm receives French crypto custody license
CACEIS’s registration comes just in time to avoid the bank being subject to France’s new crypto regulations.
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