In an earlier article on the World Economic Forum’s report (Read here), it’s mentioned that the WEF advocates a multi-stakeholder approach to govern blockchain and cryptocurrencies. Recognizing the nature of distributed ledgers, stewardship by stakeholders and not a heavy-handed approach is recommended.
Curious of how regulation is going to take shape in Europe going into 2018? Address legal uncertainties and concerns at the 2nd annual Blockchain for Finance Conference Europe.
It is set to be the European meeting point for finance and technology professionals who are working to move blockchain projects from proof-of-concept to full-scale deployment.
The conference will cover the most pressing topics for financial services, and will seek to help enterprises and organizations “move their blockchain projects from hype to prototype.” Topics will also include digital identity on blockchain, blockchain in trade finance, blockchain for cross-border payments, and more.
Register here and get 100 EUR Discount with Code “FINNEWS100”.
Blockchain Regulation Infographic
However, what do regulators worldwide really think? Based on an infographic by Gary Nutall, most countries are adopting a wait-and-see approach. While cautious, there are countries such as the US and Singapore who are proactively seeking use cases for the technology, especially in the public sector. All seem to agree that the potential of blockchain technology to transform economies and industries cannot be ignored.
