Blockchain regulatory issues

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Abstract Purpose This paper aims the key regulatory challenges impacting challenges impacting blockchains, innovative distributed the European Union EU and EU and the USA. The smart regulatory hands-off approach approach adopted in the EU the USA to a large large extent bodes well for future innovative contributions of blockchains in the financial services blocichain sectors and toward enhanced financial inclusiveness.

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One of the biggest legal challenges facing the blockchain and smart contract technology is the issue of jurisdiction. Since these technologies. Legal framework regarding the legal nature of blockchains and shared distributed ledgers. This includes territoriality (issues of. Issues such as patent protection, copyright infringement, and ownership of digital assets on the blockchain are emerging as significant legal.