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Major crypto exchange Binance joins European blockchain industry group

Blockchain for Europe advocates for balanced policy and regulatory governance for the distributed ledger technology, Binance said.

The European Union is looking at creating a set of rules for cryptocurrencies such as bitcoin, and related technologies such as blockchain-based digital contracts.

Until Facebook unveiled plans for the Libra digital currency last year, digital coins had been seen as a marginal issue in Brussels because only a fraction are converted into euros.

According to industry site CryptoCompare, it has over the past three months seen the eighth largest trading volume of cryptocurrency exchanges.

Original article
Author: Reuters Staff

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