European cloud providers back EU push to cut reliance on US tech giants

The EU's revised Chips Act could reshape Europe's tech landscape by fostering local demand, potentially boosting regional economic growth. The post EU plans reset for Chips Act to boost local chip demand and production appeared first on Crypto Briefing.

The EU's push for cloud sovereignty could reshape tech markets, boosting local providers and impacting US giants' dominance in Europe. The post European cloud providers back EU push to cut dependence on US tech giants appeared first on Crypto Briefing.

EU's access to Mythos AI could significantly enhance cybersecurity, potentially narrowing the tech gap and boosting digital resilience. The post Anthropic offers EU access to Mythos AI model for cyber security appeared first on Crypto Briefing.

Bloc in talks to use American AI model in first expansion outside US and UK

This week’s special edition of Talking Europe asks whether the EU is ready for the disruption that comes with Artificial Intelligence. It is the most important technological revolution of the century, and is set to impact every aspect of our lives.

The post EU crypto transaction tax: EC reviews 0.1% levy for 2028–2034 appeared on BitcoinEthereumNews.com. The EU crypto transaction tax under review by the European Commission could put a 0.1% levy on crypto trades across the bloc, a small charge on paper that may have outsized consequences for traders, exchanges, and the European Union’s budget plans. The proposal, outlined in an internal document circulated on May 30, is projected to raise between €3 billion and €4 billion a year. That makes this more than a niche tax story. Instead, it sits at the intersection of two major EU priorities: finding fresh revenue for the next long-term budget and tightening the framework around digital assets as crypto regulation in Europe has become more mature. There is a catch, however, and it is a big one. The plan is not adopted, and getting it over the line would require unanimous approval from all 27 EU member states, a threshold that has derailed or delayed many tax measures before. What the E

The post Latam Insights: The Global War on Crypto Laundering Heats up Across Mexico and Brazil appeared on BitcoinEthereumNews.com. Key Takeaways Under Instruction 739, Brazil mandates CVM-registered independent audits to grant crypto licenses. Claudia Sheinbaum inked a €5B EU deal, allowing Mexico to coordinate global anti-laundering rules. Marco Rubio labeled CV and PCC as global terrorists, with FTO compliance penalties starting on June 5. New Rules for Crypto in Brazil: Central Bank Demands Strict Independent Audits for VASPs The Central Bank of Brazil has introduced yet another requirement to approve the operation of virtual asset service providers (VASPs) in the country. Under Normative Instruction No. 739, issued on Friday, the bank now requires VASPs to present an independent audit from an entity registered with the Brazilian Securities and Exchange Commission (CVM) to issue operational licenses. The audits, referred to as “reasonable assurance reports,” must contain data asses

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Brazil adds audit requirements for VASPs, Mexico and the EU explore opportunities to target crypto money laundering at a global scale, and the US government declares Brazil’s gangs as global terrorist organizations. New […]