Distributed ledger technology, which powers cryptocurrency, is increasingly part of mainstream financial services and forms part of the new EU’s regulatory push.
(April 21): Digital finance providers want a carve-out from forthcoming European legislation governing distributed ledger technology, arguing that Europe is losing out to the US.
Boerse Stuttgard Group, Nasdaq Inc and fintech associations from France, Spain, Italy, Hungary and Poland are among 39 signatories asking the European Commission and the European Parliament to fast track a review of the DLT pilot regime as standalone legislation, carving it out from the European Union’s Market Integration and Supervision Package.
