Too early for blockchain regulation, says EU watchdog

Regulatory action for blockchain technology at this ‘early stage’ is ‘premature’, said the European Securities and Markets Authority (ESMA) in a report today. Furthermore, the ESMA deems it “unlikely” that blockchain technology would eliminate financial market infrastructures such Central Securities Depositories (CSDs) and Central Counterparties (CCPs). Read more: www.cryptocoinsnews.com