EU lawmakers to hold off from regulating blockchain for now

By Huw Jones LONDON (Reuters) - The European Union should hold off for now from regulating blockchain, the technology that underpins bitcoin, an EU parliamentary committee agreed on Tuesday in the latest example of a softly-softly approach by authorities toward financial services. "We don't want pre-emptive regulation, but we do want precautionary monitoring," Jakob von Weizsaecker, a German center-left member of the European Parliament, told Reuters. The parliament's economic affairs committee