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Exchanges see unclear blockchain regulation as hurting its development
Exchange operators consider the lack of regulatory clarity over the use of blockchain technology unclear, but necessary, according to a survey report on the distributed ledger technology (DLT), ie blockchain, conducted by the World Federation of Exchanges (WFE). Exchanges find the lack of clarity over blockchain use a key problem for the adoption and development of such technology in the capital markets. The survey founds that where non-financial, unregulated entities lead in DLT development, regulators will need to ensure that equivalent regulatory standards and protections are maintained. Data privacy laws, data ... (full story)