UNESCO and Netherlands design AI supervision project for the EU
The United Nations and the Dutch government have unveiled plans to establish a framework for the ethical oversight of artificial intelligence (AI). The project, titled "Supervising AI by Competent Authorities," is a collaboration between the Dutch Authority for Digital Infrastructure and UNESCO (the ...
European Commission Calls for Stronger Background Checks on Cryptocurrency Users
The European Commission has recently released a report stressing the need for increased scrutiny of users of cryptocurrency exchanges and ATMs, citing concerns over the growing prevalence of darknet marketplaces and the purchasing of illegal substances. The European Monitoring Center for Drugs an ...
European Commission Concerned about Big Tech Dominance in Metaverse Market
The European Commission is worried about the potential dominance of big tech firms in the metaverse market, which may overshadow European startups. To address this, the Commission recently released a consultation paper outlining the benefits of the Metaverse and its potential to create new busine ...
Barclays Representative Discusses the Delayed Regulation of the Crypto Industry
A spokesperson from Barclays, a prominent financial conglomerate, has stated that politicians have neglected to address the regulation of the cryptocurrency industry for a prolonged period of time, believing that the industry would ultimately cease to exist. However, this prediction has not come ...