European Union

The European Union is a political and economic union of 27 member states that are located primarily in Europe. Its members have a combined area of 4,233,255.3 km² and an estimated total population of about 447 million.

Source: europa.eu

Bankers Urge EU to Proceed With Caution on Digital Euro

Bankers Urge EU to Proceed With Caution on Digital Euro
Bankers Urge EU to Proceed With Caution on Digital Euro
June 16, 2022  |  CBDC

A trade group representing the banking industry is urging European Union officials exploring the creation of a digital euro to proceed slowly and carefully. Get...

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Qualcomm Wins Appeal of EU $1B Antitrust Fine for Apple Payments
Qualcomm Wins Appeal of EU $1B Antitrust Fine for Apple Payments
June 15, 2022  |  Regulation

Qualcomm has won its appeal of a €997 million (about $1.04 billion) fine from European Union regulators over payments made to Apple to use Qualcomm...

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US Lawmakers Push Bill That Could Block FinTech, AI Investments in China 
US Lawmakers Push Bill That Could Block FinTech, AI Investments in China 
June 14, 2022  |  Investments

The President of the United States has the power to block certain investments in U.S. companies from foreign companies if they are seen as a...

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Today in TechREG: CFPB’s ‘No-Action Letters’ May Raise Questions; WhatsApp Has One Month to Comply With EU Consumer Law
Today in TechREG: CFPB’s ‘No-Action Letters’ May Raise Questions; WhatsApp Has One Month to Comply...
June 09, 2022  |  Regulation

Today in TechREG, the Consumer Financial Protection Bureau (CFPB) removed Upstart from its list of approved “no-action letters” (NALs). The NALs provided regulatory immunity, but...

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EU Parliament Meets Big Tech in Silicon Valley
EU Parliament Meets Big Tech in Silicon Valley
May 24, 2022  |  Big Tech

A delegation of the European Parliament met with executives from tech companies including Google, Meta, Apple, Airbnb, eBay, PayPal and Uber to discuss the latest...

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EU May Change Crypto Regs to Include NFTs
EU May Change Crypto Regs to Include NFTs
May 06, 2022  |  Cryptocurrency

The European Union is getting closer to adopting new rules for crypto assets, the so-called MiCA regulation (Markets in Crypto Assets) — but the nearer...

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EU Parliament Wants the EU to Be an AI Global Standard-Setter 
EU Parliament Wants the EU to Be an AI Global Standard-Setter 
May 04, 2022  |  artificial intelligence

The European Parliament is setting the European roadmap for Artificial Intelligence regulation, focusing on strengthening relationships with the U.S. and other allies to be able...

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Apple Faces EU Antitrust Charges Over NFC Chip Practices
Apple Faces EU Antitrust Charges Over NFC Chip Practices
May 02, 2022  |  Apple

The European Commission sent today, May 2, a statement of objections to Apple with the preliminary view that the company has abused its dominant position...

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European Central Bank Begins Exploring User Interfaces for Digital Euro Payments
European Central Bank Begins Exploring User Interfaces for Digital Euro Payments
May 02, 2022  |  Bank Regulation

The European Union (EU) will be moving ahead with its digital euro investigation, including exercises on how people will interact and pay with the digital...

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