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EU Demands Fair Pay For Artists On Music Streaming Platforms Like Spotify, Apple Music
Thursday, January 18, 2024 - 3:42pm | 458The European Parliament has called for fair and sustainable rules in the music streaming industry. In a resolution passed with strong support (532 votes to 61, with 33 abstentions), the Parliament urges the creation of EU regulations to tackle current imbalances in the sector. See Also: ...
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Politicians Push For EU Cannabis Reform As Weed Popularity Grows Across The Continent
Monday, July 3, 2023 - 2:10pm | 901MMJ Clubs In Guernsey, Top Official Raises Health And Safety Concerns A Guernsey-based company is proposing the launch of medical cannabis clubs, reported BBC. House of Green founder Paul Smith said the company is negotiating the idea with authorities. However, Deputy Rob Prow, president of the...
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EU Addresses Regulatory Challenges In Digital Finance, Crypto Assets After MiCA
Thursday, June 1, 2023 - 11:25am | 443The crypto sector, as it currently is, has been described as a “Wild West” filled with "fraudsters and thieves." To maintain control, European Parliament suggests crypto assets should be classified as securities by default. This recommendation also pushes for the provision of...
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EU Takes Lead In Crypto Regulation: Game Changer For The Digital Economy
Wednesday, May 31, 2023 - 4:58pm | 377The European Union has reached a significant milestone in cryptocurrency regulation as it formally enacted the Markets in Crypto Assets (MiCA) regulation, positioning the bloc as a pioneer in tailored rules for the sector. The signing ceremony was led by European Parliament President Roberta...
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Europe's AI Standoff: Unprecedented Legislation Sparks A Battle For Transparency And Control
Monday, April 17, 2023 - 11:23am | 627The European Parliament is drafting stringent new regulations over the use of artificial intelligence, a group of senior EU legislators said in an open letter they plan to publish on Monday. EU lawmakers are committed to including elements in the bill intended to mandate "the...
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European Parliament Rethinks Wording On Controversial Crypto Money Laundering Bill
Friday, March 24, 2023 - 5:39pm | 431European Parliament officials will meet on March 28 to vote on the wording of an anti-money laundering bill. The digital assets industry had expressed concerns about the bill, prompting policymakers to return to the original phrasing regarding commercial payments, The Block reported. One provision...
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European Parliament Votes On Resolution Supporting Medical Marijuana: Here's What It Means
Friday, February 15, 2019 - 3:30pm | 398Earlier this week, the European Parliament passed a resolution recommending nations in the European Union revise their laws around medical marijuana to better support research and patient access. While non-binding, the resolution does seek to incentivize these revisions, similar to the World Health...
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Migration In Europe: People Not Satisfied With The EU's Actions
Saturday, August 6, 2016 - 11:29am | 448Migration levels in the European Union have hit unprecedented levels in recent years, leading to what many have called a crisis. According to the Pew Research Center, more than 1.3 million people applied for asylum in the EU, Norway and Switzerland last year. Data from the same institution showed...
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Analysts Say Europe Should 'Reward Google,' Ditch Break-Up Plan That 'Doesn't Make Sense'
Friday, November 21, 2014 - 4:29pm | 504Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) might run into trouble if the European parliament has its way. According to a draft motion viewed and quoted by the Financial Times, the European Commission thinks that Google should separate its search engine from the rest of its commercial services....
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Eurozone Moves Closer To Setting Up A Banking Union
Thursday, December 19, 2013 - 8:13am | 316The euro steadied at $1.3672 on Thursday after falling slightly when the US Federal Reserve announced that it was going to begin tapering slowly at its December policy meeting. The common currency found some strength in news that the region's finance ministers reached a deal on how the bloc...
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How to Profit From ECB President's Warning of Systemic Threat to World Economy
Tuesday, October 11, 2011 - 7:53am | 569European Central Bank President Jean-Claude Trichet warned the European Parliament in Brussels on Tuesday that the financial crisis facing the eurozone is systemic and that Europe's leaders must take decisive action in order to prevent it from escalating and spreading. Trichet will soon be stepping...