| Mobile Web

Search results for Portugal

AI & Enterprise

EU delays high-risk AI rules to end-2027, complicating digital sovereignty strategy

The European Union has decided to delay enforcement of rules for high-risk artificial intelligence systems until the end of 2027, a move seen as a step back for Europe’s digital sovereignty strategy. The adjustment aims to ease competitive burdens on AI companies, though critics warn it could expand U.S. big tech influence. The EU also widened exemptions for some industries while tightening measures on sexually explicit AI images and requiring visible labels on AI-made content from December.

Finance

Digital euro to use European standards instead of Visa, Mastercard

The European Central Bank will adopt three European open payment standards for the digital euro infrastructure to reduce reliance on Visa and Mastercard in the euro zone, BeInCrypto reported on April 26. The ECB signed agreements with the European Cards Payment Cooperation, the Nexo Standards and the Berlin Group. The standards cover contactless payments, merchant and ATM transactions, and account-based transfers. Separately, major European banks are expanding moves to embed cryptocurrency trading into existing regulated platforms.

Crypto

Brazil blocks Kalshi and Polymarket, citing investor protection

Brazil has blocked prediction market and betting platforms including Kalshi and Polymarket, saying they did not comply with local derivatives trading rules and could harm investor protection and market integrity. The central bank bans derivatives linked to real or virtual events such as sports, online games and politics. Finance Minister Dario Durigan said about 28 platforms were blocked. Polymarket is already blocked in more than 30 countries.