Digital ledger technologies and crypto-assets have evolved from obscurity to prominence in recent years, bringing with them opportunity and risk. Initially regulators focussed primarily on mitigating risks to consumers but as the applications of the technology have continued to evolve the principle of technological neutrality demands a more adaptive approach. The challenge now is to harness the benefits for EU citizens of scaling up business applications whilst continuing to effectively mitigate the risks. The EBA shows the way.
