{"id":18,"date":"2016-05-28T13:44:00","date_gmt":"2016-05-28T13:44:00","guid":{"rendered":"http:\/\/blog.holytransaction.com\/a-task-force-to-control-digita\/"},"modified":"2022-01-27T14:51:52","modified_gmt":"2022-01-27T12:51:52","slug":"a-task-force-to-control-digital","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2016\/05\/a-task-force-to-control-digital.html","title":{"rendered":"A task force to control digital currency in Europe"},"content":{"rendered":"
\"<img<\/a><\/div>\n
Last month we talked about how the European Parliament<\/a><\/b> defined the blockchain as the \u201cperfect technology\u201d<\/i><\/a> and aimed at realizing new rules related to the distributed ledger.<\/div>\n
<\/div>\n
During a speech given by the Lithuanian representative Antanas Guoga<\/b>, in fact, he defined the blockchain that way.<\/div>\n
<\/div>\n
His speech was held before the Internal Market for Consumer Protection Committee<\/b>, that advanced a new proposal for cryptocurrencies.<\/div>\n
<\/div>\n

Task force creation: yes or not?<\/h3>\n
<\/div>\n
A voting on the proposal was held on April 26th and the result was 542-to-51 members<\/b> who want the creation of a cryptocurrency task force.<\/div>\n
<\/div>\n
So, now the task force will turn into reality and will \u201cmonitor technology developments ahead of any concrete regulatory proposals\u201d.<\/div>\n
<\/div>\n
Von Weizs\u00e4cker said in a statement:<\/b><\/div>\n
\u00a0<\/i><\/div>\n
“To avoid stifling innovation, we favour precautionary monitoring rather than pre-emptive regulation. But IT innovations can spread very rapidly and become systemic. That’s why we call on the Commission to establish a taskforce to actively monitor how the technology evolves and to make timely proposals for specific regulation if, and when, the need arises.\u201d<\/i><\/div>\n
<\/div>\n
It is likely that the creation of this task force will be done in the next few months.<\/div>\n

Open your free digital wallet here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last month we talked about how the European Parliament defined the blockchain as the \u201cperfect technology\u201d and aimed at realizing new rules related to the distributed ledger. During a speech given by the Lithuanian representative Antanas Guoga, in fact, he defined the blockchain that way. His speech was held before the Internal Market for Consumer […]<\/p>\n","protected":false},"author":2,"featured_media":367,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,37,76,101,276,671],"tags":[719,764,793,950,1324],"yoast_head":"\nA task force to control digital currency in Europe -<\/title>\n<meta name=\"description\" content=\"European Parliament defined the blockchain as the \u201cperfect technology\u201d and aimed at realizing new rules related to the distributed ledger.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/holytransaction.com\/blog\/2016\/05\/a-task-force-to-control-digital.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A task force to control digital currency 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