‘Let’s build a Europe where Web3 can flourish:’ Crypto companies sign an open letter to EU regulators

2022.04.20 18:36

‘Let’s build a Europe where Web3 can flourish:’ Crypto companies sign an open letter to EU regulators

Forty crypto companies cosigned an open letter to the European Parliament, European Commission and other principal EU institutions with a call to ensure common-sense regulation, standardized compliance procedures and an innovation-friendly business environment.

An open letter on behalf of the international Web3 community and “businesses across Europe,” shared with Cointelegraph by one of the signatories, went out to EU institutions on Tuesday. The industry players expressed their concerns over some recent EU-level regulatory initiatives:

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