The European Commission released its official regulatory plan on Thursday fintech, including blockchain technology, in EU member states. 8 March.

A press release outlining the ideas, which the Commission now calls a "Plan of Action ", saw senior EU officials express the need for a "

Cointelegraph has already reported on future documentation, following the establishment of an organ of the EU Blockchain, the Observatory and the Forum of the EU Blockchain, early February

" Technologies like the blockchain can be game changers for financial services and beyond ," commissioner for the digital economy and the company Mariya Gabriel, which operates "We must build a framework for innovation to thrive, while managing risks and protecting consumers."

The action plan focuses on five main areas: the creation of a European FinTech laboratory, the Blockchain Observatory, promoting the digitization of information from registered businesses, cybersecurity efforts and " best practices on regulatory sandboxes". ".

Crowdfunding licensing programs are also under discussion, Commissioner Valdis Dombrovskis is of the opinion that " will help crowdfunding platforms to develop. . in Europe . "