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This month, the crypto company faced issues with regulators in at least four countries.This month, the crypto company faced issues with regulators in at least four countries. The Director of Binance in Brazil Guilherme Haddad could be called to appear before the Brazilian Parliament. This is because there is an ongoing
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The EU is taking the lead with legislation for artificial intelligence as it passes its AI Act to minimize risks posed by the technology. The European Union (EU) Parliament has passed the EU AI Act to oversee the development and application of artificial intelligence in the region. On Wednesday, Parliament passed
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The European Parliament has passed the EU AI Act, a sweeping legislative framework for governance and oversight of artificial intelligence technologies in the European Union.EU AI act: first regulation on artificial intelligenceThe use of artificial intelligence in the EU will be regulated by the AI Act, the world’s first comprehensive
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In a report published Monday, the Crypto and Digital Assets All Parliamentary Group (APPG) set out that cryptocurrency is here to stay and needs immediate regulation. The group, which includes lawmakers from different political parties and both houses of parliament, made 53 recommendations for regulating crypto in the country. Source
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An Italian senator spoke before members of the Italian parliament with — unbeknownst to parliament members — a speech entirely composed by artificial intelligence (AI).In the parliamentary meeting on May 31, Italian Senator Marco Lombardo pulled the stunt to spark a “serious debate” among his colleagues about what’s at stake
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Without changes, “we are skeptical that MiCA will have positive short-term effects given the difficulties of enforcing its rules in an opaque cross-border context,” in which 10,000 crypto protocols vie for the lightest possible regulation, added the document, though its findings aren't a formal position of the European Parliament. Source
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While the EU is in the final stages of making MiCA a reality and hence fosters a more defined market participation, the industry has been fussing around the laid-back approach of the US in relation to floating similar rules. The European Union (EU) has now broken the record of being the
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On April 20, the European Parliament voted to pass the Markets in Crypto-Assets (MiCA) regulation, the European Union’s main legislative proposal to oversee the crypto industry in its member countries. The MiCA regulation is a significant development for the crypto industry in the European Union. Prior to MiCA, crypto companies had
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After two consecutive delays, the European Parliament has finally conducted the final vote on the Markets in Crypto-Assets Act, known as MiCA. Now the legislation, introduced for the first time in 2020, should grant approval from the European Council to be published as an effective regulation. On April 20, immediately after
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