EU

The European Union is a political and economic union of 28 member states that are located primarily in Europe. Its members have a combined area of 4,475,757 km² and an estimated total population of about 513 million.

Source: en.wikipedia.org

The EU Inches Closer to the Digital Euro — Will Stablecoins and Crypto Take a Back Seat?

The EU Inches Closer to the Digital Euro — Will Stablecoins and Crypto Take a Back Seat?
The EU Inches Closer to the Digital Euro — Will Stablecoins and Crypto Take a...
February 21, 2024  |  CBDC

In Europe, a central bank digital currency (CBDC) has inched closer to reality, by virtue of a vote. As a result, the United States may...

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Payplug and Mangopay Partner on Payments for European Marketplaces
Payplug and Mangopay Partner on Payments for European Marketplaces
February 20, 2024  |  Partnerships

Payplug and Mangopay have formed a strategic partnership to provide marketplaces and platforms across Europe with a seamless and complete payment solution.  Payplug, which provides its omnichannel...

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TikTok Vows to Keep Minors Safe After EU Announces Probe
TikTok Vows to Keep Minors Safe After EU Announces Probe
February 19, 2024  |  Legal & Regulation

The European Commission has opened formal proceedings against TikTok under the Digital Services Act, saying the regulator aims to protect the well-being of online users....

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EU Regulators Crack Down on Anti-Competitive Practices
EU Regulators Crack Down on Anti-Competitive Practices
February 18, 2024  |  Legal & Regulation

European regulators have reportedly increased their focus on anti-competitive behavior among consumer product companies. Last year, competition authorities carried out 26 surprise inspections on consumer companies...

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EU Pressure on Big Tech Sparks Startup Concern
EU Pressure on Big Tech Sparks Startup Concern
February 18, 2024  |  Legal & Regulation

Amazon’s recent cancellation of its iRobot deal reportedly has European startups worried. In a recent Financial Times (FT) opinion piece, Javier Espinoza writes that entrepreneurs are concerned that...

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Finom Raises $54 Million to Expand Digital Business Banking Solution
Finom Raises $54 Million to Expand Digital Business Banking Solution
February 13, 2024  |  Investments

Finom has raised 50 million euros ($53.6 million) in Series B financing to expand its digital business banking solution in the European Union (EU). The...

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Digital Transformation in EU Gets Push From New Instant Payment Regulations
Digital Transformation in EU Gets Push From New Instant Payment Regulations
February 08, 2024  |  Real-Time Payments

Digital transformation in the European Union got a big boost Wednesday (Feb. 7) when the EU Parliament adopted sweeping regulations aimed at improving the accessibility...

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EU’s AI Act: Premature or Prescient?
EU’s AI Act: Premature or Prescient?
February 05, 2024  |  Artificial Intelligence

Is it possible to achieve a perfect balance between regulation and innovation over disruptive technologies? The European Union’s (EU) 27 member states appear to think...

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