EU Commission urged to prepare for blockchain and AI integration
Decentralized AI networks, enhancement of smart contracts and emerging DeFi protocols are some of the upcoming trends in blockchain, according to EUBOF. Go to Source
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Crypto Biz: Kraken denies USDT delisting, crypto custody on the rise, and more
This week’s Crypto Biz explores Kraken’s stablecoin plans in Europe, the departure of Grayscale’s CEO, Prometheum’s Ether custody service that treats ETH as a security, and more. Go to Source
EU says ChatGPT outputs too much false information to comply with rules
While the assessment remains ongoing, OpenAI appears to have made little in the way of progress since 2023. Go to Source
Kraken Insists It Will Keep USDT Listed in European Markets
Kraken, a U.S.-based cryptocurrency exchange, insists it will keep USDT listed in European markets as long as regulations regarding stablecoins are not finalized. Mark Greenberg, Global Head of Kraken’s Asset Growth and Management Business, clarified they will “continue to look at all options to offer USDT under the upcoming regime.” Kraken Will Keep Tether’s USDT … Read more
Microsoft faces multi-billion dollar fine in EU over Bing AI
The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27. Go to Source
Kraken considers dropping USDT in Europe ahead of new regulations
With new regulations in Europe set to enforce strict limits on transactions and reserve requirements, Kraken is assessing its stablecoins listing. Go to Source
DeFi may struggle to stay decentralized after new EU law
DeFi’s exemption from MiCA regulation may fade as an update targets protocols with centralized components. The sector could split between hybrid and DeFi models. Go to Source
Amazon-backed Anthropic brings Claude AI chatbot to European users
Amazon and Google-backed AI startup Anthropic launches its powerful Claude chatbot in Europe, boasting strong language skills and real-time information access. Cointelegraph put it to the test. Go to Source
Blockchain adoption in healthcare faces serious obstacles in Germany
Blockchain technology could enhance healthcare digitalization, but privacy concerns are hampering adoption. Go to Source
EU crypto regulations undermined by lack of enforcement, say observers
The European Union’s Markets in Crypto-Assets Regulation is being phased in, but regulators have reportedly been inconsistent in enforcing existing laws. Go to Source
