{"id":29213,"date":"2020-09-25T18:15:09","date_gmt":"2020-09-25T15:15:09","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=29213"},"modified":"2025-08-27T15:43:45","modified_gmt":"2025-08-27T12:43:45","slug":"eu-regulation-rules-alarm-blockchain-industry","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/eu-regulation-rules-alarm-blockchain-industry\/","title":{"rendered":"EU Regulation Rules Alarm Blockchain Industry"},"content":{"rendered":"<p>The European Commission&#8217;s new requirements for crypto assets could overload the sector, risking a flight of companies from the European Economic Area. This is stated in a <a href=\"https:\/\/inatba.org\/wp-content\/uploads\/2020\/09\/INATBA-Initial-Response-to-MiCA-September-2020.pdf\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">\u0437\u0430\u044f\u0432\u043b\u0435\u043d\u0438\u0438<\/a> \u041c\u0435\u0436\u0434\u0443\u043d\u0430\u0440\u043e\u0434\u043d\u043e\u0439 \u0430\u0441\u0441\u043e\u0446\u0438\u0430\u0446\u0438\u0438 \u0434\u043e\u0432\u0435\u0440\u0435\u043d\u043d\u043e\u0433\u043e \u043f\u0440\u0438\u043c\u0435\u043d\u0435\u043d\u0438\u044f \u0431\u043b\u043e\u043a\u0447\u0435\u0439\u043d\u0430 (INATBA).<!--more--><\/p>\n<p>The association includes more than 100 global technology companies, including Ripple, SWIFT, IBM, and Consensys AG. They voiced concerns about the current draft of the document.<\/p>\n<blockquote>\n<p>\u201cWe believe that legal certainty is a necessary and important step in the development of systems built on blockchain technology. Without this, the industry will not be able to achieve fast transactions and broad adoption,\u201d the statement notes.<\/p>\n<\/blockquote>\n<p>INATBA argues that overly burdensome regulation could stifle innovation within the EU and make it inaccessible to citizens. The negative impact would be felt in some new sectors, including DeFi.<\/p>\n<p>Representatives of the association urged the European Commission, the European Parliament and other stakeholders to engage in the work on developing the new legislation.<\/p>\n<p>In September, European authorities <a href=\"https:\/\/u1f987.com\/en\/news\/eu-proposes-regulation-of-cryptocurrencies-and-stablecoins\">published<\/a> a bill laying the regulatory groundwork for crypto-assets and stablecoins. The document also provides for the launch of a special legal regime for blockchain projects.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forkloglive\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog FEED<\/a> \u2014 the full stream of news, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EU Commission&#8217;s new rules for crypto assets could overload the industry, risking a flight of companies from the European Economic Area. This is stated in a statement by the International Association of Trusted Blockchain Applications (INATBA).<\/p>\n","protected":false},"author":1,"featured_media":29214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[25,1269,733,36,807],"class_list":["post-29213","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain","tag-cryptocurrencies","tag-europe","tag-regulation","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=29213"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29213\/revisions"}],"predecessor-version":[{"id":29215,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/29213\/revisions\/29215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/29214"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=29213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=29213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=29213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}