kaal:claim:3002908-010

ESMA judged a regulatory response to blockchain premature because technological innovation was still evolving and blockchain's practical applications were still rather limited.

Source quote, verbatim

Because of the on- going evolution of technological innovation and blockchain's still rather limited practical applications, ESMA considered a regulatory response to the evolving technology premature.

From

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017), III.1. European Union, p. 13
https://ssrn.com/abstract=3002908 · source PDF

Cite as

Wulf A. Kaal, Marco Dell'Erba, Blockchain Innovation in Private Investment Funds - A Comparative Analysis of the United States and (2017). SSRN: https://ssrn.com/abstract=3002908

Holds when

ESMA position as of the debate launched in June 2016

Classification

empiricalsupport: evidencedblockchain

Verify

The quote above is an exact substring of the source PDF, whose sha256 is 06a7b61e75f905ee07e422e875d83a65c5033a248a6e05a213523b034e5db534. Extraction method: pdf-text-layer.
Attestation record: colloquium/attestations/7c394e11409d2027...json
Verify the binding yourself: curl -s https://wulfkaal.github.io/claims/3002908-010.md | sha256sum