A copy of a draft document seen by the publication, due for release "as soon as this week," suggests a desire for EU regulators to adopt blanket rules governing issues such as crowdfunding and "[b]lockchain technology standards." This, Reuters suggests, forms part of a move to end the "patchwork" system of regulations currently in force across member states of the bloc. "An EU framework would offer a European passport, and, at the same time, ensure the proper management of platforms and the protection of fund providers," the draft reportedly states. € Unlike cryptocurrency, Blockchain treatment has become a central focus for the European Commission, which early last month unveiled its dedicated EU Blockchain Observatory and Forum. € Billed as "one of the world's most comprehensive repositories of blockchain experience and expertise," the entity should function as a melting pot for various bodies to "discuss and develop new ideas and directions" involving Blockchain technology. € Meanwhile on the topic of cryptocurrency, the EU’s financial services chief Valdis Dombrovskis said during a Commission speech Feb. 26 that lawmakers "stand ready" to introduce regulation if necessary. At the same time, the EU "must embrace the innovation" of Blockchain, he concluded. Source: internet #cryptonews #news #europeanunion #cryptoknowledge #knowledgeispower € ⚠⬇⬇⬇⚠ € Please #dyor do your own research for Knowledge about Cryptocurrencies and Blockchain Technology 💌💨 € € This post is noT financial advice, you’re responsible for your own investment decisions! € Picture by Again from internet lol € @crypto.balesch @eddy_zillan @crypto_newz @cryptocurrency___ @crypto @cryptobuzz @cryptotroll Hello @cryptoexplorer #passiton #cryptocurrency #crypto #currency #investment #investing #cryptonews #blockchain #bitcoin #dapp #tangle #cern #komodo #ai #iot #ml #zcash #ethereum #monero #litecoin #iota #altcoin #bitcoinnews #binance #balicoin #nuvus #cash #monkey #hodl #tothesun Regulations are coming sooner or later! Comment what you think? 😊💥 (at Luxembourg, Luxembourg)
