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EU and US Legislators Discuss Blockchain Regulations for Business

21st May 201821st May 2018 BCTechreportbctech, bctech report, bitcoin, blockchain, Blockchain for Businesses, blockchain for small businesses, blockchain news, blockchain regulations, Blockchain Regulations for Business, blockchain technology, blockchain technology news, Congress blockchain regulations, cryptocurrency, David Schweikert blockchain, distributed ledger technology, eu and us regulators discuss blockchain, eu blockchain regulations, eva kaili blockchain, finance, financial blockchain technology, Jakob von Weizsäcker blockchain, regulators discuss blockchain, US blockchain regulation, us blockchain regulations

EU and US legislators discuss blockchain regulations for business, agreeing that in the absence of official guidance, regulatory ‘sandboxes’ are the best approach. Eva Kaili of the EU said it may take a few years for the blockchain industry to be fully regulated. Meanwhile, US Rep David Schweikert said the ‘fog’ we are in now may actually be beneficial.”