39 financial firms including Nasdaq urge EU to amend blockchain rules

A coalition of 39 European financial companies and industry groups, including Nasdaq, has sent a joint letter to European Union authorities urging a swift revision of blockchain-related regulations, Cointelegraph reported. The letter calls for an increase in transaction limits and the removal of licensing restrictions. It also warns that continued legislative delays could result in the EU losing its leadership in the tokenized financial market to the United States.