The European Commission, executive branch of the EU, will unveil plans for the a joint regulatory effort on fintech, reported Reuters Monday, March 5.

A copy of a draft document seen by the publication, forthcoming "as early as this week", suggests a willingness of European regulators to adopt general rules governing questions such as crowdfunding and "[b] lockchain technologies standard."

This, according to Reuters, is part of a move to end the system

"A European framework would provide a European passport and at the same time ensure the proper management of platforms the project would state.

Unlike cryptocurrency, the Blockchain treatment became a focal point for the European Commission, which unveiled, early last month, its Observatory and Forum of the Blockchain of the EU

the entity should function as a melting pot for various organizations to "discuss and develop new ideas and directions" involving Blockchain technology. Meanwhile, on the topic of cryptocurrency, Valdis Dombrovskis, chief financial officer of the EU, said in a speech to the Commission on February 26 that legislators "is stand ready ". the EU "must embrace Blockchain's innovation" he concluded.