EU regulations
-
The Role of Distributed Ledger Technology in Mitigating Money Laundering Risks in Europe
According to reports, the European Banking Authority proposed in a draft guidance issued on Wednesday that EU regulators should consider whether encryption style distributed ledger
-
Anti Money Laundering Regulations Adopted by European Parliament Committee
On March 28th, members of the Committee on Economic Affairs and the Interior of the European Parliament voted 99 in favour, 8 against, and 5 abstentions to adopt the anti money lau
-
EU official: The smart contract plan of the European Parliament limits the development of unified standards
On March 15th, Thierry Breton, the EU’s internal market specialist, told reporters on Tuesday that controversial EU regulations require “termination switches” to be set for certain smart contracts, which may limit the key ability to set standards for the industry. Interpretation of this information: The European Union (EU) has been working on regulations that would require “termination switches” in certain smart contracts. According to Thierry Breton, the EU’s internal market specialist, these regulations have become controversial, as they may restrict the ability to set standards for the industry. The concept…
