Search results for Rome
Crypto
ECB warns stablecoin spread could undermine European bank deposit base
The European Central Bank has warned that the spread of stablecoins could eat into European banks’ retail deposits and has put forward a digital euro as a response. Executive Board member Piero Cipollone said banks that have already lost fees and transaction data to mobile payments could see their deposit base shaken. The ECB said falling deposits could weaken lending capacity and is moving ahead with a digital euro pilot planned for 2027.
AI & Enterprise
Korea, Italy to step up cooperation on AI, quantum, robotics
South Korea will strengthen cooperation with Italy in advanced science and technology and ICT, including artificial intelligence, quantum and robotics. The Ministry of Science and ICT signed an MOU with Italy’s Ministry of Universities and Research in Rome on June 12 during President Lee Jae-myung’s state visit. The two sides plan joint research, researcher exchanges, policy sharing and joint use of research facilities. Cooperation in basic science and priorities for future collaboration were also discussed.
AI & Enterprise
South Korea, Italy discuss science and technology cooperation in AI, climate and bio
South Korea and Italy will expand science and technology cooperation centred on three areas: artificial intelligence, climate change and bio, South Korea\'s Ministry of Science and ICT said. The two countries held the 13th Korea-Italy Joint Committee on Science and Technology in Rome with Italy\'s Ministry of Foreign Affairs and International Cooperation. They reviewed outcomes from joint bio and chemistry research, discussed future agendas including physical AI semiconductors and climate-response crops, and explored broader cooperation on brain disease research. The next meeting will be held in Seoul.
