EU Regulator: DLT In Trade Finance Still Faces Legal Uncertainty

An EU banking regulator has published a new report exploring the benefits and risks associated with the use of distributed ledger technology (DLT) in finance.

In a report published on Tuesday that discusses the rising trend of financial technology, the European Banking Authority (EBA) highlighted two banking-related use cases of blockchain: cross-border trade finance and identity authentication.

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SEC Chief Touts Benefits of Crypto Regulation

The SEC's highest-ranking official appears to be softening his stance toward ICOs.

At a Princeton University event Thursday, SEC chairman Jay Clayton went so far as to reject the idea that all ICOs are fraudulent, answering «absolutely not» to a question centered on whether his agency's actions against the founders of blockchain projects amounts to such an admission.

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