European Parliament To Host Educational Blockchain Conference
The focus on blockchain technology and distributed ledgers have not gone by unnoticed, as the European Parliament will be hosting a four-day conference on digital currency and blockchains next week. Quite an interesting announcement, and perhaps even a hint as to what is to come regarding regulation in the EU over the coming years. European Parliament Blockchain and Bitcoin Conference. It is important to note this four-day event will not be held like most traditional conferences touching upon the subject of digital currency. Instead, the plan is for the European Parliament to bring....
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Over the course of next week, the European Parliament will host a four-day conference in an effort to educate members of the European Parliament about distributed ledgers and virtual currencies. A non-commercial conference organized next week by the European Parliament is being put together to educate Members of European Parliament (MEPs) about the rapidly expanding and publicized fintech space. The conference and exhibition will specifically be focusing on blockchain and virtual currencies. As reported by Finextra, the conference will see representatives from the likes of the World Bank,....
In a recent report, the European Parliament looks at cryptocurrencies with a mixture of openness to innovation and uncertainty in how to tackle it. The EU Parliament regards cryptocurrencies in its current form mostly as a means to increasing efficiency and lowering transaction costs. Similar to the Bitcoin approach of many banks, the underlying Blockchain technology is seen as a means to fulfil the goals of the European Union, like lowering transnational transaction costs. Similar to approach of banks. The report says: “The main opportunities of VCs and DLT in the field of payments relate....
The European Parliament has appointed a regulator for Bitcoin and cryptocurrency. In the end, these efforts will be futile, as the decentralized nature of the Bitcoin protocol is resistant to external influence. EU Parliament Seeks a Crypto Watchdog. The European Parliament and ECB are not on the same page regarding Bitcoin. A few weeks ago, there was a....
Can, in not too distant future, the European Central Bank become a decentralized autonomous organization? In Part 1 of the article “How the European Parliament Views Blockchain” we looked into how Euro Parliament has taken on cryptocurrencies in its latest report. Here, in Part 2, we continue to analyse it. The European Parliament is looking at cryptocurrencies as a means to conduct transactions faster and cheaper, assuming that cryptocurrencies can help lower borders within the European market. Diminishing role of banks. But this assessment ignores how Bitcoin redesigns and diminishes the....
The European Parliament, the legislative branch of the European Union, has approved a proposal for a task force dedicated to digital currencies and blockchain technology. A report drafted by European Parliament member (MEP) Jakob von Weizsäcker first began circulating in late February. It called for measured exploration of the technology by the European Commission, the executive branch of the EU, but stopped short of recommending more than closer monitoring. The report also urged EU leaders to address any risks related to money laundering and terrorism financing. In the months since, the....