The exchange trade body was responding to Esma's call for feedback in June
Trade body the World Federation of Exchanges has called for
a global approach to blockchain technology, after European
regulator Esma called for a European approach to the nascent
The World Federation of Exchanges called on Monday for a
global rather than European approach to the development of
distributed ledger technology.
"The WFE supports the objective of a coordinated European
approach to distributed ledger technology. Still, due to the
global, borderless nature of distributed ledger technology, WFE
also emphasises the need for global consistency based on
international guidelines and principles," the WFE said in a
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