Technology evolves and events unfold at a dizzying pace in the blockchain world, but even by those standards this past week was tough to keep up with. Every day seemed to bring a new first for the industry – from new enforcement actions, key court decisions and the approval of two new stablecoins. This post summarizes the most notable actions that occurred in recent weeks.
Read the full Orrick-published article here.
On February 2, 2018, the European Commission (“EC“) launched an observatory and forum dedicated to promoting discussion and collaboration on issues arising from blockchain technology. The forum will be for IT specialists, industry, public authorities, regulators, supervisory bodies and members of the public, to allow them to come together and discuss blockchain and the issues and opportunities it presents.
The Blockchain Observatory and Forum will be run by the blockchain software technology company ConsenSys, and its main objectives will be to coordinate across geographical borders, consolidate know-how, take advantage of opportunities and demonstrate thought leadership.
More information from the Commission about the forum and on Blockchain technologies more generally can be found here.
