Taking full account of the fact that it is difficult for regulators to keep up with the rapid development of indigenous innovation, the European Commission is responsible for the development of Europe in the digital age. Margrethe Vestager, deputy secretary of the implementation of Europe, has been the commissioner of market competition management and operations since 2014, and she had better learn from others in advance to explore the impact of new technologies such as Metverse and ChatGPT.

Referring to competition policy at the Keystone conference, Vestager explained how the shift from digital upgrading to a digital economy has added risks and opportunities for everyone. But in her view, the law lags behind scientific and technological progress, adding:

"We have definitely not acted too quickly-this should be an important lesson for all of us in the future."

Although the administrative law enforcement and legislative process will continue to lag behind technological innovation, Vestager focuses on the need to accurately predict and plan such changes. She said:

"for example, it's time for people to think about what mutual cooperation should be like in an unreal world, and how something like ChatGPT might change that equilibrium."

The operations commissioner also said that the European Commission will conduct an antitrust investigation into the Facebook sales market and how Meta uses advertising statistics derived from competitors from May 2023.

Feb. 15 marks the launch of the European blockchain Supervisor sandboxie game, which brings interior space for 20 focused strict regulatory sessions a year until 2026.

On the other hand, due process in EU countries has explored the use of zero-knowledge direct evidence as digital identity documents. Cointelegraph's report on this matter focuses on:

A new Eid al-Fitr will allow citizens to identify and test their identities online (based on European digital real identity wallets) without having to ask commercial service providers, as is the case today-this behavior has caused anxiety about trust, security and privacy.

As a way to ensure digital currency compliance management and personal privacy, zero-knowledge direct evidence has been the center of concern of researchers recently.