European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

Will an Elon Musk-Led Twitter Find Friend or Foe With EU Regulators?

Will an Elon Musk-Led Twitter Find Friend or Foe With EU Regulators?
Will an Elon Musk-Led Twitter Find Friend or Foe With EU Regulators?
April 25, 2022  |  Regulation

Elon Musk is inches away from sealing a deal to buy Twitter for approximately $43 billion, according to different news outlets. Musk, a self-described “free...

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Today in Crypto: SALT, Cion Digital Offer Crypto-Backed Lending to Auto Dealers; Coinbase Negotiates to Buy BtcTurk
Today in Crypto: SALT, Cion Digital Offer Crypto-Backed Lending to Auto Dealers; Coinbase Negotiates to...
April 21, 2022  |  Cryptocurrency

Crypto-based lender SALT announced Thursday (April 21) that it is formed a strategic partnership with Ciion Digital to make loans available to more than 5,000...

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EU Could Unveil Digital Services Act on Friday, But Not a Done Deal 
EU Could Unveil Digital Services Act on Friday, But Not a Done Deal 
April 21, 2022  |  Big Tech

The European Union is planning to unveil its Digital Services Act (DSA) on Friday, according to the Financial Times. The DSA is a landmark law...

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EU’s Open Banking’s Payments Transformation Faces FinTech Headwinds
EU’s Open Banking’s Payments Transformation Faces FinTech Headwinds
April 20, 2022  |  Digital Payments

The introduction of open banking in 2019, enabled by the revised Payment Services Directive (PSD2), has significantly transformed the digital payments space in Europe, with...

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EU Crypto Industry Coordinates Efforts to Amend EU Rules 
EU Crypto Industry Coordinates Efforts to Amend EU Rules 
April 19, 2022  |  Cryptocurrency

Crypto businesses are increasing their efforts to influence European lawmakers concerning the design of cryptocurrency regulatory framework. According to a letter seen by Reuters, more...

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EU Banking Authority Payment Fraud Consult May Impact PSD2
EU Banking Authority Payment Fraud Consult May Impact PSD2
April 18, 2022  |  Bank Regulation

The European Banking Authority (EBA) on Tuesday, April 19 will close a public consultation launched in January to better understand certain trends of payment fraud...

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US Proposed Antitrust Bills and EU´s Digital Markets Act Have Clear Differences 
US Proposed Antitrust Bills and EU´s Digital Markets Act Have Clear Differences 
April 14, 2022  |  ANTITRUST

Digital platforms are under scrutiny in many jurisdictions. In the U.S. and the EU, there are significant bill projects that will regulate how platforms interact...

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EU Governance Data Act to Boost AI, Data-Sharing
EU Governance Data Act to Boost AI, Data-Sharing
April 07, 2022  |  Regulation

The European Parliament (EP) approved the European Governance Data Act (DGA) on Wednesday with 501 votes to 12. This act aims to increase data sharing...

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Giant Online Platforms Could Face Enforcement Fee Under EU Rules
Giant Online Platforms Could Face Enforcement Fee Under EU Rules
April 05, 2022  |  Taxes

The world’s biggest online platforms could be assessed an annual fee of up to 0.1% of yearly net income to cover costs to regulate compliance...

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