European Union:
EU Blockchain Observatory And Forum Launched
13 February 2018
Shearman & Sterling LLP
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On February 1, 2018, the European Commission announced the
launch of the EU Blockchain Observatory and Forum. The Commission
intends the new Forum to build on existing initiatives and to
ensure the feasibility of Blockchain use cross-border. It is also
expected to assist in tackling difficulties arising from the use of
Blockchain, such as disintermediation, trust, security and
traceability. Furthermore, the Blockchain Observatory and Forum
will support cross-border cooperation on practical use cases and be
an open forum for discussing and developing new ideas.
The Commission’s FinTech Action Plan is expected to be
issued in Spring.
The press release is available at: http://europa.eu/rapid/press-release_IP-18-521_en.htm.
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