European Parliament to Vote on Tech Sovereignty Proposal

The European Parliament is preparing to vote on a technology sovereignty proposal put forth by the Committee on Industry, Research and Energy (ITRE) led by pro-Bitcoin lawmaker Sarah Knafo. The ITRE recently adopted a non-binding report emphasizing the need for a European policy in the digital ecosystem to address concerns about falling behind the US and China in key sectors like cloud, cybersecurity, and AI. The report suggests removing barriers to private investment, promoting energy-efficient computing and blockchain infrastructure, and ensuring privacy in digital finance. While Knafo is optimistic about the potential for a digital revolution in the EU, some skeptics doubt the proposal's success. Knafo's advocacy for tech sovereignty contrasts with the ECB's push for a digital euro. The upcoming vote in the European Parliament will determine the fate of this proposal. Read more AI-generated news on: https://app.chaingpt.org/news