EU securities regulators have their eyes on DeFi, and the top 100 DeFi tokens had mixed price action over the past week, with most trading in a tight range. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the…
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Swiss institutional crypto infrastructure firm Taurus SA has been expanding its presence in Europe with the opening of two new offices in the United Kingdom and France. In a Thursday blog post, the company said it has appointed former Bank of America executive Jürgen Hofbauer and SAP veteran Arnaud Fleischer to lead the new offices…. Read More:…
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The European Securities and Market Authority (ESMA) has released a report on the development of decentralized finance (DeFi) and the risk posed by growing adoption. In a report released on Oct 11, the 22-page document highlights the risks posed by a sector that holds much promise and reshaped finance in the region…. Read More: EU’s…
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The world’s longest-running crypto exchange Bitstamp is in talks with three large European banks about offering crypto services. The 12-year-old exchange is in talks to help the banks begin offering these services possibly in the first quarter of 2024. Cryptonews has reached out to Bitstamp for comment. … Read More: Bitstamp Crypto Exchange Seeks Collaboration with…
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The largest cryptocurrency options exchange, Deribit has announced plans to expand its options offering to three additional altcoin coins. Per the announcement on X (formerly Twitter), the platform noted that the options trade will be added for Solana (SOL), Polygon (MATIC), and Ripple (XRP). “We’re bringing linear options for SOL, XRP, and MATIC to the…
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Cryptocurrency investment products saw inflows for the second consecutive week, totaling $78 million, according to CoinShares. Digital asset investment products continued to see significant inflows in the past week, reaching the highest volume levels since July 2023, according to a new report. Crypto investment products saw inflows for the second consecutive week, totaling $78 million,…
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The roadmap is based on a bottom-up approach that suggests providing businesses with tools to prepare for future requirements before adopting any laws. Ukraine’s Ministry of Digital Transformation presented its regulatory roadmap for artificial intelligence (AI) on Oct. 7. The roadmap was published on the ministry’s website and states that it aims to help local companies…
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Negotiators in the EU are reportedly considering additional restrictions for large AI models, such as OpenAI’s ChatGPT-4, as a component of its coming AI Act. Representatives in the European Union are reportedly negotiating a plan for additional regulations on the largest artificial intelligence (AI) systems, according to a report from Bloomberg. The European Commission, European…
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The European Union financial markets regulator, the European Securities and Markets Authority (ESMA) has released a second consultation paper on the Markets in Crypto Asset (MiCA) regulation. The document released on Oct. 5 calls for stakeholders’ participation in various sectors of the crypto market toward a hitch-free implementation of MiCA in 2024…. Read More: EU’s…
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The United Nations Educational, Scientific and Cultural Organization and the Dutch government launched a new project for supervising AI to help create a framework for the wider EU area. The United Nations and the Dutch government announced plans to create a framework for the ethical supervision of artificial intelligence (AI). On Oct. 5, the Dutch…
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