European regulator: DeFi comes with significant risks as well as benefits
The European Securities and Markets Authority released an article on Decentralized Finance and its risks for the EU Market.
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The European Securities and Markets Authority released an article on Decentralized Finance and its risks for the EU Market.
Negotiators in the EU are reportedly considering additional restrictions for large AI models - like OpenAI’s GPT-4- as a component of the forthcoming AI Act.
The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws.
The United Nations Educational, Scientific and Cultural Organization and the Dutch government launched a new project for supervising AI to help create a framework for the wider EU area.
The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024.
The European Commission outlined four critical technology areas including AI technology and semiconductor chips which on it plans to run assessments to consider export controls.
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts.
As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom.
The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market.
The French telecom group Iliad revealed it has purchased one of Europe’s most powerful supercomputers and plans to create an AI research lab in Paris, among other developments.