A European Union commissioner plans to hold a meeting of public and private sector stakeholders to discuss the impact of cryptocurrencies.
The report by venture capital firm Atomico also found that more than a third of all ICOs were based in the EU.
The European Commission (EC) is launching a study aimed to assess the potential of an EU-wide blockchain infrastructure.
The European Commission launched its "Blockchain for Social Good" contest Thursday, announcing a €5 million prize for the winner.
The European Commission has announced €30 billion on new investments in technology initiatives including those involving blockchain.
As many as four blockchain-related amendments, funding various initiatives, could find their way into the European Union's 2018 budget.
The EU is eyeing beefed-up penalties around crimes involving cryptocurrencies, such as ransomware, the European Commission said this week.
A blockchain task force within the European Parliament wants to explore how the technology could be used to provide digital identities to refugees.
A newly released report from the European Commission suggests there is relatively little virtual currency use among organized crime groups.
A distributed ledger task force convened by the European Union's top securities watchdog has been extended.