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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EU mulls more restrictive regulations for large AI models: Report
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.
Ukraine rolls out AI regulation roadmap
The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws.
UNESCO and Netherlands design AI supervision project for the EU
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.
European regulator publishes second consultation on MiCA
The regulator will publish a final report based on feedback received and submit the draft technical standards to the European Commission by June 2024.
EU to assess export controls on AI tech and semiconductor chips
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.
Head of Portugal central bank deems crypto unsustainable, calls for global regulation
Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts.
Georgia preparing limited live CBDC pilot, considering Ripple among tech providers
As the country is considered for EU membership, the digital lari is seen as providing interoperability with a digital euro while preserving monetary freedom.
Gemini to halt operations in the Netherlands by mid-November
The company cites the inability to meet regulators’ requirements but says it intends to return to the Dutch market.
French telecom group invests millions in local AI industry
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.
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