Comments to the European Securities and Markets Authority on its Consultation on Distributed Ledger Technology Applied to Securities Markets

Our comments on ESMA’s conclusion that “open” or “permissionless” blockchains may be inappropriate for financial services in its discussion paper entitled, “The Distributed Ledger Technology Applied to Securities Markets.”

A direct download of this letter is available here.

Based in Washington, D.C., Coin Center is the leading non-profit research and advocacy center focused on the public policy issues facing cryptocurrency and decentralized computing technologies like Bitcoin and Ethereum. Our mission is to build a better understanding of these technologies and to promote a regulatory climate that preserves the freedom to innovate using permissionless blockchain technologies.