Ripple, alongside three other blockchain companies, has launched the “Blockchain for Europe” association.
The association aims to provide a “unified voice for the blockchain industry” in Europe. Their goal is to educate key members of the European Union and bring some kind of consensus to the fragmented and inconsistent policy debates across the continent.
The Blockchain for Europe association also hopes to support and guide EU regulators. As the accompanying press release explains, they aim to “help Europe to create smart regulation to shape the global agenda on blockchain.”
Ripple’s head of regulatory relations in Europe, Dan Morgan said: “Ripple is delighted to be a founding member of Blockchain for Europe. This is a critical time for policymakers in Europe as they seek to develop the right regulatory framework to capture the benefits of both digital assets and blockchain technology.”
The association held its first summit in November to discuss how blockchain and distributed ledgers can support governance, healthcare, transport, trade, identity, financial market infrastructure as well as tokens/cryptocurrencies.
Source: Blockchain for Europe