October 23, 2025 | 14:40
The UN General Assembly adopted a global AI resolution promoting safe and trustworthy AI development, emphasizing the importance of sustainable development that respects human rights. The US played a key role in sponsoring the resolution, highlighting the need to prioritize human rights in AI systems. This resolution follows other efforts, such as the European Parliament’s AI Act and the Biden administration’s executive order addressing AI safety and security.
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EU Releases Final Draft of Regulatory Standards for Stablecoin Issuers
The European Union has released final draft regulatory technical standards for stablecoin issuers, requiring them to establish protocols for handling complaints and to have a standardized process for customers to submit them. The standards also include provisions related to data protection and recovery plans for stablecoin and other cryptocurrency issuers. The draft will be submitted to the European Commission for endorsement by the end of June 2024 before heading to the European Parliament and the Council for approval.
read moreEBA Publishes Draft Rules for Stablecoin Issuers’ Complaint Handling Procedures
The European Banking Authority (EBA) has released draft rules in collaboration with the European Securities and Markets Authority (ESMA) to standardize complaints handling procedures for issuers of Asset Referenced Tokens (ART) in the EU, as part of the Markets in Crypto-Assets (MiCA) law. The regulatory technical standards aim to ensure consistent and transparent handling of complaints across the EU, with a public consultation on the draft standards having taken place between July 12 and October 12, 2023. MiCA provisions on ART are set to come into effect from June 30, 2024.
read moreThe Digital Euro: Navigating Privacy Concerns and Financial Evolution
The debate over the digital euro revolves around concerns of potential government control and privacy issues. While some argue that it could lead to social credit systems and political control, others emphasize the need for transparency and privacy guarantees. Additionally, the digital euro is seen as a strategic move to establish European autonomy in the payments infrastructure, with discussions ongoing to address concerns and ensure its success.
read moreAI Misinformation Guidelines and Deepfake Concerns in Election Cycles
The rise of AI-generated deepfakes has raised concerns about election fraud in the upcoming 2024 U.S. election cycle. With a significant increase in deepfakes detected, experts emphasize the need for voters to be vigilant in scrutinizing content and for platforms to implement measures to guarantee content authenticity and protect users from misinformation. Governments and tech firms are beginning to take steps to address the issue, with India releasing an advisory to tech firms and the European Commission creating AI misinformation guidelines for platforms operating in the region.
read moreVeChain (VET) Joins AI & Blockchain Convergences Task Force for 11-Month Program
VeChain (VET) has been selected to join a task force focusing on AI and blockchain integration, alongside over 10 other prestigious organizations and institutions. The task force aims to address challenges, develop strategies, and promote ethical standards for the convergence of these technologies. This announcement has led to a 3.6% increase in VET’s value, with a crypto analyst predicting significant potential gains for the asset in the near future.
read moreMeta Outlines Strategy to Combat Misuse of AI in Electoral Process
Meta, the parent company of Facebook and Instagram, has announced measures to combat the misuse of AI-generated content ahead of the 2024 European parliamentary elections. The company plans to label and review AI-generated content, require disclosure from users sharing such content, and enforce disclosure from advertisers running AI-generated political ads. This move comes as part of a broader industry effort, with companies like Google and OpenAI also taking steps to address AI interference in elections, while governments are initiating guidelines to mitigate the threat of generative AI and deepfakes.
read moreEuropean Central Bank Critiques Bitcoin and DeFi Regulation in Latest Article
The European Central Bank questions the regulation of cryptocurrencies, suggesting strong intervention and potential prosecution of Bitcoin administrators. It also criticizes Bitcoin’s energy usage and highlights the failure of the EU and US to address it. Additionally, it notes the difficulty in finding a legal basis to ban Bitcoin in the EU Treaty.
read moreEU’s Crucial Role in Shaping Cryptocurrency Regulation for Global Impact
EU is gearing up to shape the future of cryptocurrency regulation, with a focus on becoming a global leader in digital asset oversight. The upcoming Financial Services Committee meeting will address the regulatory roadmap for both traditional and decentralized finance, while also outlining strict requirements for non-EU crypto firms servicing EU clients to prevent unfair competition and protect investors. The EU’s determination to tightly regulate its digital finance borders is evident through proposed legislation and the impending full implementation of the Markets in Crypto Assets regulation.
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