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Bitcoin & Blockchain Could Reform European Union Payment Laws

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In a final news on practical currencies and distributed bill record concerning a likes of bitcoin and blockchain tech, a European Parliament’s Committee on Economic and Monetary Affairs has oral about a probability of reworking existent EU remuneration laws, due to a innovations afforded by practical currencies and blockchain technology.

The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has recently expelled a final news (PDF) on practical currencies (VC) and blockchain or distributed bill record (DLT). In it, a ECON lists a opportunities and risks compared with a innovations in a landscape of payments and beyond.

The unconditional pointer-laden report covers copiousness of subjects concerning bitcoin (specifically) and blockchain record and merits a read.

The commencement of a exegetic matter reads:

Seven years after a launch of Bitcoin, a initial and many distinguished practical banking (VC), it has turn transparent that a underlying innovation, distributed bill record (DLT) is set to have a poignant impact on a financial zone and beyond.

Bitcoin Regulation and Research around a European Commission

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