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Crypto

Whitebit secures MiCA licence in Austria ahead of July 1 EU deadline

Whitebit has received approval under the European Union’s Markets in Crypto-Assets (MiCA) rules from Austria’s Financial Market Authority, allowing it to provide regulated crypto services across the European Economic Area with a single licence. Cointelegraph reported the company will also launch a Europe-focused platform, WhitebitEU. The approval comes less than two weeks before the MiCA transition period ends on July 1, after which firms must hold a MiCA licence or stop serving EU customers.

AI & Enterprise

AI use grows in scouting football prospects but data can miss talent

Artificial intelligence is increasingly used to scout football prospects, but it may repeat existing bias and inequality rather than identify future star players accurately, a researcher said. AI typically searches past data for patterns of successful players, which can mirror long-standing preferences in scouting. Differences in physical and social development can make long-term potential hard to predict from early data. Monitoring can also increase psychological pressure on young players and staff.