Technologies
Europe seeks alignment with US on tech issues ahead of first trade council meeting
Europe is trying to find common ground with the US on issues such as AI, competition and taxation, EU Competition Commissioner Margrethe Vestager said Tuesday at a conference.

The US and Europe may soon be more in sync on tech issues, with the first meeting of the newly formed US-EU Trade & Technology Council due to take place Wednesday in Pittsburgh. In the run-up to the meeting, Margrethe Vestager, the European Competition Commissioner and VP of the EU’s digital project, expressed her hopes for the two powers to find alignment in areas including competition, AI and taxation.
Vestager, who spoke Tuesday at Vox’s Code Conference in Los Angeles, has garnered a reputation for being tough on big tech. That’s largely due to the hefty antitrust fines she’s handed out to tech giants, in particular Google and Amazon, as well as a major tax spat with Apple. Former US President Donald Trump viewed her as an enemy of both America and technology, but she professes to be a fan of both and sees a shared purpose with her current counterparts in the US.
Her «mission,» she said Tuesday at the conference, is «to make sure that technology serves us, not only as consumers but also as citizens.»
In many respects, Vestager’s reputation has also been shaped by the fact Europe has pushed ahead of the US in terms of regulating big tech. The most prominent example of that is the introduction of the General Data Protection Regulation in 2018, which saw an overhaul of Europe’s privacy laws to make them better fit the digital age. One of the law’s hallmark features was meant to be steep fines for tech giants who misuse consumer data. The GDPR has been criticized for not resulting in enough large fines for big tech, as well as being the cause of the large number of privacy pop-ups in the browsers of European web users.
Vestager on Tuesday conceded that improvements were necessary in those regards, but she ultimately defended the legislation, pointing to the broader impact it’s had on the global conversation around citizen’s digital rights.
«The main success of GDPR, is that now privacy is a thing,» she said. «If we had not passed this kind of legislation, I think we would still be in the dark.»
Vestager also noted that since first working with the US, she’s observed a major shift in thinking on the part of lawmakers in the country about privacy. The US isn’t alone in this, she added. «It’s only a question of time before you see … real alignments between democracies on this planet — Europe, the US, India, Canada, Australia, Japan,» Vestager said. «Everyone is now coming on board.»
Seeking alignment with the US was a common thread running through Vestager’s session at Code, as she expressed her hope of finding common ground with her peers in Washington, DC. It’s no secret that Europe and the US struggled to work together during Trump’s presidency. Tensions over taxation caused the US to implement tariffs on a number of major goods exported by Europe as individual countries sought to tax big American tech companies on a more regional basis.
«There has been a complete turnaround with the change of administration, when it comes to saying, It’s important that you pay your taxes,» Vestager said. She added that she hoped that an international agreement was imminent, for corporate taxation and the distribution of taxing rights, «so that businesses pay taxes where they create their value.»
Equally, Vestager said she felt the US and EU were increasingly aligned on competition matters based on President Joe Biden’s July executive order. Biden’s plan for «Promoting Competition in the American Economy» ordered the Federal Trade Commission to bar unfair methods of competition on internet marketplaces. It also seeks to restore Obama-era net neutrality rules and calls for greater scrutiny of mergers, singling out «dominant internet platforms.»
«That kind of signaling is what is encouraging everyone who thinks that fair competition should be the rule in the marketplace,» Vestager said.
One additional priority area for Vestager to coordinate on with the US in Wednesday’s meeting is artificial intelligence. Consumers are most familiar with AI in the form of Amazon’s Alexa, Google’s Assistant and Apple’s Siri, but AI goes beyond smart assistants. It can be used to digitally impersonate real people in the form of deepfakes and spread disinformation, but it’s also expected to transform the way we live.
«In order for that enormous potential to be unleashed, we need to be able to trust it,» Vestager said. This often hasn’t been the case, due to the number of instances in which the technology has been shown to hold bias, she added. «We need to move forward in democracies to change that, because otherwise, artificial intelligence will be turned against us.»
Technologies
Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet
Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet
Verum Coin (VERUM) continues to enhance its accessibility for users. You can now deposit and store VERUM in one of the most user-friendly and secure crypto wallets — Exodus Wallet.
Why Exodus?
Exodus Wallet is a popular solution for managing digital assets, known for its intuitive interface and high security standards. Millions of users worldwide choose Exodus for its convenience and reliability.
This integration brings Verum Coin even closer to its users, offering seamless storage and asset management. Stay tuned for more updates and stay ahead in the world of cryptocurrency!
Technologies
Verum Coin (VERUM) Now Available on Bybit Swap
Verum Coin (VERUM) Now Available on Bybit Swap
Verum Coin (VERUM) continues to expand its accessibility by becoming available on Bybit Swap. Traders can now easily and quickly exchange VERUM on one of the most popular and reliable platforms.
Why Bybit?
Bybit is a global cryptocurrency platform known for its high standards of speed and security. The Bybit Swap feature allows users to instantly exchange assets without complicated setups and with minimal fees.
The integration of Verum Coin with Bybit Swap makes the coin even more accessible and strengthens its position in the market. This is a significant step toward the growth and adoption of VERUM among millions of platform users.
Stay tuned for more updates on Verum Coin and take advantage of new trading and investment opportunities!
Technologies
Verum Coin listed at Blockchain.com
Users can now seamlessly deposit, withdraw, and swap Verum Coin via the Blockchain.com mobile application and website platform.
The Verum Coin (VERUM) project continues to expand its presence in the cryptocurrency market. Users can now seamlessly deposit, withdraw, and swap Verum Coin via the Blockchain.com mobile application and website platform.
About Blockchain.com
Blockchain.com is one of the largest and most respected platforms in the cryptocurrency world. Founded in 2011, it serves millions of users across more than 200 countries, providing easy access to cryptocurrencies through intuitive tools. Blockchain.com’s reputation as a trusted ecosystem makes its integration with VERUM a significant step in building trust and accessibility for the coin.
About Verum Coin
Verum Coin is a promising digital asset that has already made a name for itself in the market with its innovative solutions and steady growth. Being available on reputable platforms like Blockchain.com opens up new opportunities for VERUM and brings it closer to users worldwide.
This integration offers VERUM holders convenience and security, as well as expanded options for storage, trading, and investment. Stay tuned for further updates from the project — there’s much more to come!
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