EU Parliament Votes for Closer Regulation of Cryptocurrencies
The European Parliament has voted for regulations to prevent the use of cryptocurrencies in money laundering and terrorism financing.
One European lawmaker wants to standardize ICO regulations, thereby making it easier for projects to raise funding across the EU.
Members of the European Parliament convened with experts on Tuesday to discuss a proposal for standardizing ICO rules around the EU.
The European Parliament has called for measures that would prepare the region to use blockchain to benefit trade.
A draft proposal by the EP's Committee on Economic and Monetary Affairs suggests creating new regulations for public initial coin offerings (ICOs).
Lawmakers at CoinDesk's Consensus 2018 conference today argued that regulatory "sandboxes" may offer the best approach for blockchain innovation.