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Ripple has won preliminary approval for a Crypto Asset Service Provider license in Luxembourg, moving the payments firm toward full compliance under the EU's MiCA rules. Key Points: Ripple received a preliminary CASP authorization through a "Green Light Letter" from Luxembourg's CSSF. The license wi

European Central Bank President Christine Lagarde warned Wednesday that artificial intelligence could trigger dangerous financial crises and urged global governance modeled on Cold War nuclear treaties. Key Points: Lagarde said AI could trigger financial crises more damaging than past technology-dri

Europe's transitional window for crypto licensing closes Jul. 1, pushing most unlicensed exchanges off the EU market as Tether's USDT (USDT) loses its last regulated foothold. Key Points: MiCA's transition period ends Jul. 1 with no extensions across all 27 EU member states. Only about 194 crypto fi

Europe poses no security threat to the United States, the EU's top technology official said Monday, after Anthropic disabled two leading AI models under a US national security order. Key Points: The EU's tech sovereignty chief said Monday that Europe remains a trusted partner, not a risk to Washingt

Euro-area finance ministers met in Brussels on Monday to press Anthropic for access to its Mythos AI model, which finds zero-day flaws in every major operating system. Brussels Meeting On Mythos The meeting, confirmed by Bloomberg, brought together euro-area finance chiefs alongside banking supervis