We know what’s coming and we are prepared.
🇪🇺 Final agreement on EU Digital Identity Wallets expands scope of regulations
The European Parliament and the Council of the EU have reached an agreement on a new framework for European digital identity, including regulation on digital ID wallets.
A news release from the European Commission says this concludes the two legislative bodies’ work to implement results of the provisional political agreement reached in June around a legal framework for a trusted and secure digital identity for all Europeans.
Under the new eIDAS 2.0 regulations, the EU Digital Identity Wallet will have extensive applications across public and private enterprise, supporting the EU in meeting its 2030 targets for the digitization of public services. With the full guarantee of EU law, wallet holders throughout Europe can use their linked digital ID to open bank accounts and make payments, store digital ID and biometric documents such as mobile driver’s licenses or professional certifications, and expedite services in travel, healthcare and other areas of life. Significantly, the regulation makes it mandatory for so-called Very Large Online Platforms (Facebook, Google, et al) to accept the EU Digital ID Wallet for login. The Commission’s release implies that this is a potential model for smaller companies, for which the features and specs of the wallet could boost both competitiveness and compliance.
Crucial to the wallet system is the user’s ability to choose whether or not to share personal data, and what data is shared in specific cases. In terms of UX, the wallet’s dashboard promises the ability to monitor transactions and report privacy violations, and to allow interaction between wallets with consent. E-signature capability will be free for personal use.
Several of these features mark an expanded scope for the regulation as a result of the trilogue discussions. Other newly finalized points include the wallet’s business model (free of charge to all Europeans), validation and authentication mechanisms for member states, and the status of the wallet’s code, components of which will be available open-source to try and prevent misuse.
Although the agreement between the European co-legislators is set, it still requires endorsement from member states and formal approval, after which it will be formally published in the EU’s Official Journal. Twenty days after that, the new EU Digital Identity framework will become law.
The world’s fastest drone, the XLR V3, just went from 0 to 124 mph (200 km/h) in 1 second, faster than a Formula 1 car off the line.
Designed by Swiss engineers, the XLR V3 is a high performance FPV (First Person View) racing drone built with ultra light carbon fiber, high torque brushless motors, and cutting edge aerodynamics. It’s not just fast, it’s rewriting what’s possible in drone engineering.
This drone accelerates faster than:
✔️ An F1 car
✔️ A Tesla Plaid
✔️ Even a fighter jet on launch
Imagine what they're not showing us...
⚡️A Russian drone strike hit the car of Chief Rabbi Yosef Yitzchak Wolf in Kherson, head of the United Jewish Community of Ukraine’s local chapter.
Yosef is well known for assisting SBU and Nationalists in tracking down pro Russian Ukrainians who supported Russian forces during the liberation and uses his synagogue, as a shield, to help assemble FPVs for Ukrainian forces.
Stripe, the largest payment processor in the U.S., debanked conservative commentator Michael Knowles, reportedly due to a “legally binding order.”
As the Daily Wire host shared on Monday, his X monetization payments, which are processed through Stripe, “abruptly stopped” six months ago when he received a message that he hadn’t set up his Stripe account.
