European Commission to Invest €30 Billion in Technology Initiatives

Announcements, Blockchain, Investing | October 31, 2017 By:

The European Commission has committed 30 billion euros of funding on technology initiatives, including 2.7 billion euros to establish a European Innovation Council.

The investment would come through the European Union’s Horizon 2020 initiative, which to date has 77 billion euros at its disposal to support European scientific advancement.


European Commission Proposes New Cyber Security Agency

Announcements, Crime, ICO News, News | September 21, 2017 By:

The European Commission is gearing up to propose new penalties for cyber crimes involving cryptocurrencies. As part of that, the EU’s executive arm said it would create a new cyber security agency to fight back against hackers.

“The proposed directive will strengthen the ability of law enforcement authorities to tackle this form of crime by expanding the scope of the offences related to information systems to all payment transactions,