Abstract
PurposeThis paper aims to explain the current stage of blockchain and virtual currency regulation in the EU.Design/methodology/approachThe paper explains the current state of blockchain and virtual currency regulation in the EU, presenting the EU institutions’ main policy and regulatory initiatives on, and approaches to, blockchain and virtual currency.FindingsThough the EU is looking seriously at the potential of blockchain and distributed ledger technologies, many European institutions are of the opinion that it is still too early to regulate in this field. As far as virtual currencies are concerned, Member States’ central banks do not consider them to be equivalent to money or legal tender. However, with the current high profile of and interest in virtual currencies, one can expect the European Commission to at least consider what regulation might be called for.Originality/valueThis study provides practical guidance on and introduction to the current regulatory and policy landscape of blockchain and virtual currency in the EU.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
