EUBOF has published a report on blockchain and the law in the EU

The Blockchain Observatory and Forum of the European Union (EUBOF), an initiative of the European Commission to accelerate the development of blockchain in the European Union (EU), has published a new report named “Legal and regulatory framework of blockchains and smart contracts”. The paper highlights the typical legal issues which often arise from the current use of the blockchain-technology (including smart contracts). It entails some useful solutions that lawmakers and international regulators may implement to overcome the challenges between the typical technological features of the blockchain and the current regulatory framework of most EU member states.