David Durand, Advisor, Innovation and Advocacy
September 9th, 2020
David Durand, LL.L., B.Sc. chem., – Founder and Managing Partner of Durand Lawyers – Lawyer (Québec)[...]
European Crowdfunding Network Publishes Blockchain Study Analyzing Current Regulatory Environment
Crowdfund Insider | JD Alois | Nov 2, 2020
Following a big win at the European Commission in regards to the harmonization of investment crowdfunding rules, the European Crowdfunding Network (ECN) has published a report analyzing European blockchain regulation.
Crafted in partnership with the law firm of Denton’s, the ECN report reviews the European legal framework, including standards, policies, and directives, governing or related to distributed ledger technology (DLT)/ Blockchain solutions and applications.
See: Blockchain: legal and regulatory guidance report
The report notes that currently there is no legal framework pertaining to interoperability between EU Member States. However, on April 10, 2018, some EU Member States agreed to create the European Blockchain Partnership (EBP) and to establish a European Blockchain Services Infrastructure (EBSI) that seeks to support cross-border digital public services that incorporate high standards of security and privacy.
While the document states there are “no severe legislative gaps and regulatory needs within the existing legal framework of the EU regarding interoperability within the European Union, but given the expectation that DLT/Blockchain utilization will grow, there is a need for regulatory harmonization.
Continue to the full article --> here
The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org
 |  |  |
CONGRATULATIONS TO THE 2020 FINTECH DRAFT PITCHING AND DEMO COMPANY WINNERS!   |
Related Posts
Top five use cases for blockchain in fintech
QuadrigaCX: A Review by Staff of the Ontario Securities Commission
Hong Kong’s securities watchdog to regulate all crypto exchanges
Department of Justice Publishes Cryptocurrency Enforcement Framework: “We see criminals using cryptocurrency to try to prevent us from following the money”
The case against BitMEX is a compass pointing towards the future of crypto regulation
From Voting To Social Media: What Does The Future Hold For Digital Identity On The Blockchain
