The European Union's AI Act, designed to regulate artificial intelligence applications, clears a significant hurdle as Member States unanimously support the final draft. The Act outlines prohibited uses, governance rules, and transparency requirements, with phased implementation expected in the coming months.

The European Parliament has passed new legislation related to cryptocurrencies, with the majority voting in favor of the MICA law that focuses on digital currencies and electronic payment technologies. Among the key features of this law is the regulation of the digital currency market, providing...

The European Parliament has voted in favor of forming a wide-ranging European digital wallet with the aim of enabling and protecting the digital identity of European citizens. It is expected that this wallet will allow citizens to identify and authenticate themselves online without the need...