EU lawmakers proposed a ban on regional blockade of digital currency users

EU lawmakers proposed a ban on regional blockade of digital currency users

Abstract: the European Parliament Committee put forward new measures aimed at preventing the economic group of the consumers, including digital currency users have geographical discrimination. The proposal by the EU internal market and Consumer Protection Committee, mainly to solve the so-called “regional blockade” or region to consumers on the Internet based on prejudice.

EU lawmakers proposed a ban on regional blockade of digital currency users

The European Parliament Committee put forward new measures aimed at preventing the economic group of the consumers, including digital currency users have geographical discrimination.

The proposal by the EU internal market and Consumer Protection Committee, mainly to solve the so-called “regional blockade” or region to consumers on the Internet based on prejudice. Legislators believe that regional blockade is the European common market reached a unified digital (known as a digital single market) last obstacle.

    

The draft document pointed out:

The committee should assess whether to provide a legal framework to obey the principle of freedom of contract, when the transaction through other payment (including virtual currency, other types of block chain transactions and electronic wallet) transactions, to protect the enterprise and the role of the consumer.”

This is not the first attempt to control digital currency. In July 2016, regulators approved a proposal to strengthen the supervision of virtual currency transactions and wallet providers of anti money laundering program.

According to the draft of the European Parliament, regional blockade has become a problem, partly because the companies refused to and from the network crime “disaster area” of the customers.

Many people think that this area these innocent people is unfair, they now than their peers from the EU goods and services with fewer opportunities.

Regional blockade is common in the United States, many bitcoin digital currency and related enterprises will restrict living in New York consumers, because of fear of violation of the New York Financial Services Authority (NYDFS) to develop the “BitLicense law”.

Gambling sites are illegal in the United States basically, usually also can shield the United States IP addresses.

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