Finance Giants Warn Regulators Over Blockchain Securities Meddling

Law360, London (September 13, 2016, 4:44 PM BST) -- The world’s top banking, investment and stock exchanges have said blockchain technology can revolutionize the trillion dollar securities market if regulators leave it to mature and breathe without interference, documents revealed Monday.

Responding to a consultation by the European Securities and Markets Authority (ESMA), Europe’s securities monitor, trade groups and giants of the space said the technology will usher in a new dawn for trading and rewrite how the market works and how it is regulated.

The World Federation of Exchanges (WFE), industry association for exchanges...
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