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Bringing blockchain expertise to Luxembourg

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Published on Friday, 03 February 2017

The Faculty of Law, Economics and Finance continues to build and strengthen its presence in offering expertise in the area of FinTech and financial law, most recently hosting a seminar on blockchain technology and virtual currencies.

Assistant Prof. Nikolas Guggenberger, of the University of Münster Law School’s Institute for Information, Telecommunication and Media Law, spoke to a full house at the “EU Regulatory Approach to Blockchain Technology” seminar on 31 January. 

In addition to derivatives on crypto-currency basis, Assistant Prof. Guggenberger discussed the European Parliament’s May 2016 resolution on virtual currencies as well as a Commission proposal to amend the Anti-Money Laundering Directive and the current status of negotiations. The speaker was able to provide valuable insights into these different subject areas, also based on his experience contributing to the European Parliament’s first resolution on virtual currencies and the negotiations on banking structural reform regulation.

Considering the many ways in which blockchain technology and crypto-currencies are challenging legal systems, combined with their significant impact on the financial sector, the event proved a success for the Faculty and was met with overwhelming interest by industry professionals.

The seminar added to the profile that the University of Luxembourg is building in the field of FinTech, including the 3x3 FinTech lecture series, organised by the Faculty of Law, Economics and Finance and the Interdisciplinary Centre for Security, Reliability and Trust (SnT) together with the Luxembourg House of Financial Technology (LHoFT).

Photo: Assistant Prof. Nikolas Guggenberger speaking to a full house at the blockchain seminar © University of Luxembourg