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EU AI Act: A Double-Edged Sword for Startups and Small Businesses


The European Union has launched its AI regulation efforts, focusing on definitions, literacy, and prohibitions on high-risk AI. Vladimir Lelicanin, highlights the challenges of risk assessments and documentation for smaller businesses. EU AI Act: Industry, Rights Groups Split On Feb. 2,...

Crypto Platform Deribit Bars Russian Nationals Due to EU Sanctions


Deribit said that starting Feb. 17, Russian accounts will switch to “reduce-only” mode, and all positions will be forcibly closed by March 29, although withdrawals will remain open. Withdrawals to Remain Open Deribit, a cryptocurrency derivatives platform, announced Feb. 5 that European...

Christine Lagarde en Garde: Bitcoin Will Not Enter Central Bank Reserves


ECB President Christine Lagarde was confident about the stance the EU central banks would take on adding bitcoin as a reserve asset. She stated that, due to several reasons, this would not happen. ECB President Christine Lagarde Confident That EU Central Banks Won’t Adopt Bitcoin The concept...

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