This CIPL paper argues that effective regulation of blockchain technologies requires cooperation and collaboration between authorities dealing with data, particularly, financial conduct, competition and data protection authorities.
On the basis of this, the paper makes the case that better regulation of digital assets requires the setting of realistic and achievable goals which stem from dialogue between innovators and regulators.
Importantly, we understand blockchain as an opportunity. It provides regulators a chance to establish a precedent to be leveraged across sectors and jurisdictions as we continue to explore the issue of tackling at times competing regulatory requirements in the digital universe.