EU Set to Experiment With Blockchain-Based Stock, Bond, and Fund Trading

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Blockchain, not Bitcoin? New pilot program set for passage in EU Parliament will allow blockchain-based stock and bond issuance, trading, and settlement. jackschickler reports.

Stock and bond issuance, trading, and settlement via blockchain technology can be tested in the EU for a five year period, with lawmakers Wednesday hailing the new pilot legislation as putting the bloc at the “forefront of innovation.”

“It is not only vital to make existing financial legislation fit for digital, but also to show an openness towards new technology that could make financial markets safer and more efficient,” said MEP Johan Van Overtveldt, who negotiated a deal between Brussels and national governments that was alreadyBut Van Overtveldt, who previously served as Belgium’s finance minister, warned that crypto experiments that appeared to work on a small scale might still raise unexpected risks if they move beyond...

Source: News Formal (newsformal.com)

 

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jackschickler It would be great to see an interview between MooreGrams and on this topic. PolymeshNetwork has made great strides in this area. PolymathNetwork

jackschickler Blockchain-based stocks? So only public mining entities (mining alts, etc.)? Or instead of foundation ICOs we have IPOs of these startups? Makes no sense. btc bitcoin

Bitcoin continues to operate exactly as designed,all without a leader or asking for anyone's permission. Bitcoin is on the cusp of a new macro uptrend right now I’ve been following dubaifxmoon tweets and predictions seriously and I’ve been holding firmly all thanks to him

jackschickler Euroidiots

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