Web3 Foundation (W3F), the Switzerland-based trade group representing decentralised web software companies, has called on EU policymakers and supervisors to provide more clarity about how web3 technology will be regulated.
COPENHAGEN, Denmark, June 30, 2023 Web3 Foundation whose flagship project is Polkadot, held an expert panel at Polkadot Decoded this week on the current state of web3 regulation in the EU. The panelists discussed the benefits of web3 blockchain technology that could help solve current Web2 challenges such as internet privacy, security and the use of intellectual property. Panelists agreed that web3 technology needs tailored regulations that reflect the uses of blockchain technology and should f