Coindesk Logo

EU Securities Watchdog Extends Blockchain Task Force Mandate

EU Securities Watchdog Extends Blockchain Task Force Mandate

EU Securities Watchdog Extends Blockchain Task Force Mandate

A distributed ledger task force convened by the European Union's top securities watchdog has been extended.

A distributed ledger task force convened by the European Union's top securities watchdog has been extended.

A distributed ledger task force convened by the European Union's top securities watchdog has been extended.

AccessTimeIconJul 6, 2017, 9:55 PM
Updated Aug 18, 2021, 6:27 PM

Presented By Icon

Election 2024 coverage presented by

Stand with crypto

A distributed ledger task force convened by the European Union's top securities watchdog has been extended.

The supervisory body of the European Securities and Markets Authority (ESMA) renewed the task force during a meeting in May, according to newly published minutes. The task force was formed after the agency, in 2015, began to solicit information about the tech from stakeholders in a wide-ranging call for input.

Details about what the task force will do as part of its renewed mandate or how long for which it has been extended isn't exactly clear. But in statements in February, ESMA – which decided to not create new rules for the tech – said it planned to continue watching the space. The task force is likely to be the focal point for those observations.

"ESMA will continue to monitor market developments around [distributed ledger technology] to assess whether a regulatory response may be needed," the agency said at the time.

The task force was first disclosed last year, with members drawn from ESMA's ranks as well as the European Central Bank and the European Commission.

Image via Shutterstock

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.