European Parliament news and trends

EU Nixes Provisional Agreement on Reclassification of Gig Workers
Gig Economy // December 22, 2023

European Union (EU) member states have rejected a provisional deal aimed at reclassifying millions of gig workers as employees. Officials from Spain, the current holder of the EU’s rotating presidency, sent the issue back for further negotiations with the European Parliament after deciding the current...

Aleph Alpha Secures $500 Million in Funding to Challenge OpenAI
artificial intelligence // November 06, 2023

German startup Aleph Alpha has raised $500 million in a series B funding round, with support from major companies such as Bosch, SAP, and Hewlett Packard Enterprise, the company announced Monday (Nov. 6). The company, which has developed its own large language models, aims to...

European Executives Say Proposed AI Rules Could Stifle Opportunities
artificial intelligence // June 30, 2023

Executives of European companies say regulation could stifle the opportunities presented by artificial intelligence (AI). Leaders from engineering firm Siemens, brewer Heineken, carmaker Renault and dozens of other large European companies from a broad range of industries said in a letter that “the result would...

EU Bans Biometrics as Part of New AI Rules
artificial intelligence // June 14, 2023

Europe is leading the world in the push to regulate artificial intelligence (AI), with the European Union (EU) taking a proactive approach to ensuring AI is developed and implemented in a responsible and ethical manner. On Wednesday (June 14), the European Parliament passed a draft...

Interviews & Exclusives
Final Draft of EU Crypto Law Caps Stablecoin Transactions

October 06, 2022
The final text of the Markets in Crypto Assets (MiCA) law creating a broad legal framework for digital assets including cryptocurrencies and stablecoins has been passed by the European Commission, and goes to the European Parliament next week. The document, released Wednesday (Oct. 5), features a number of key provisions, notably capping the use of […]

Crypto Faces New Restrictive AML Rules From EU Parliament Experts Say

May 31, 2022
The European Parliament may soon decide whether to approve a proposal to expand a “travel rule” for crypto firms that would include virtually every single transaction. The travel rule is...

Quick Reads
EU Nixes Provisional Agreement on Reclassification of Gig Workers

December 22, 2023
European Union (EU) member states have rejected a provisional deal aimed at reclassifying millions of gig workers as employees. Officials from Spain, the current holder of the EU’s rotating presidency, sent the issue back for further negotiations with the European Parliament after deciding the current deal did not have sufficient backing, Bloomberg reported Friday (Dec. […]

Aleph Alpha Secures $500 Million in Funding to Challenge OpenAI

November 06, 2023
German startup Aleph Alpha has raised $500 million in a series B funding round, with support from major companies such as Bosch, SAP, and Hewlett Packard Enterprise, the company announced...

European Executives Say Proposed AI Rules Could Stifle Opportunities

June 30, 2023
Executives of European companies say regulation could stifle the opportunities presented by artificial intelligence (AI). Leaders from engineering firm Siemens, brewer Heineken, carmaker Renault and dozens of other large European...

EU Bans Biometrics as Part of New AI Rules

June 14, 2023
Europe is leading the world in the push to regulate artificial intelligence (AI), with the European Union (EU) taking a proactive approach to ensuring AI is developed and implemented in...