ESMA Launches Call for Evidence on Investments Using Bitcoin Technology
The European Securities and Markets Authority (ESMA) has launched a call for evidence to discover information regarding the newest developments in digital currencies, such as Bitcoin, or the associated Blockchain technology. The European regulator had been monitoring and analyzing the investments related to virtual currencies for the past six months, and has presented its analysis and understanding of the digital currencies and the underlying blockchain or ledger-based technology in the paper. Through this paper, ESMA is hoping to receive notable feedback from industry experts, existing....
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Deutsche Bank is one of the latest banks to back blockchain technology. The Frankfurt, Germany based bank has responded positively to the European Securities and Market Authority's (ESMA) call for evidence on investments using virtual currency and blockchain technology. ESMA had called upon all the stakeholders to express their views, experiences and any information on utilization of digital currency and the technology behind it for trading and recording ownership of securities. Deutsche Bank's response to the Call for Evidence issued by ESMA was published with other responses on 30th of....
Comment added from Dr Timo Schlaefer, co-founder and CEO of Crypto Facilities, a bitcoin derivatives trading platform. The EU's securities watchdog has issued a call for evidence to ascertain if and when blockchain technology can "enter the financial mainstream". The European Securities and Markets Authority (ESMA), which oversees securities markets in the region, has spent six months monitoring investment in the bitcoin sector. Now the regulator is seeking feedback from industry stakeholders on how the technology underlying cryptocurrencies can be used to "issue, buy and sell and record....
Just recently Bitcoin.com reported on the European Securities and Markets Authority (ESMA) Senior Risk Analysis Officer, Patrick Armstrong’s opinion to ban blockchain platforms. However, on February 7 the ESMA has released a report stating that regulating the technology at this early stage is “premature.” ESMA Says Regulating Blockchain Would Be....
The European Securities and Markets Authority (ESMA) held a financial innovation event in Paris on 16th December, during which the topic of blockchain and distributed ledger technology was discussed. According to details of the event published by ESMA, participants conversed about the potential impact of the blockchain on mainstream financial services. The agency first issued a call for information on the technology in April 2015. During opening remarks, Jean-Paul Servais of Belgium’s Financial Services and Markets Authority touched on the subject, pointing to both the risks and....
The European Securities and Markets Authority (ESMA), a securities trade watchdog based in the EU, has released a new discussion paper on blockchains and distributed ledgers as part of a fact-finding effort aimed at developing policy positions on the technologies. The paper, published today, comes more than a year after the organization first issued a call for information on the technology. ESMA has also hosted its own events, as well as participated in others focused on the use of blockchain applications in finance. ESMA’s fact-finding mission itself grew out of an effort to investigate....