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The European Commission will develop underdeveloped market of crowdfunding in the EU

Ukraine / Europe

Market crowdfunding in the EU is underdeveloped compared with other major economies in the world, I believe the European Commission.

The European Commission will develop underdeveloped market of crowdfunding in the EU

the European Commission welcomed the provisional political agreement reached yesterday evening between the European Parliament and the Council, in its proposal for the revitalization of the market of crowdfunding in the EU.

the Proposal according to the EC, aims to use the opportunities provided by emerging innovative technologies in the financial sector. The agreement, 12 of the 13 legislative proposals of Union capital markets was taken or coordinated at EU level.

the Agreement is subject to final approval by the European Parliament and of the Council.

After the adoption of the new regulatory framework will harmonize the rules for crowdfunding platforms based on investment and lending, operating in the European Union.

"I welcome the agreement reached in respect of our proposal for crowdfunding. This is an important alternative source of funding for many innovative European entrepreneurs and startups who can fight for access to traditional financing channels. Crowdfunding license EU will help to scale crowdfunding platform in Europe," said Valdis Dombrovskis, Vice-President of the EC in the economy.

we will Remind that in March of 2018 the European Commission presented a proposal on the regulation of providers of crowdfunding. After adoption by the new EU rules would allow platforms to apply for a passport the EU on the basis of a single set of rules. This will help them to offer their services across the EU.

What is crowdfunding?

Crowd funding (crowd funding, from the English. сrowd funding, сrowd — "crowd" funding — "funding") is a new alternative form of financing that connects those who can give, lend or invest money directly with those who need funding for a particular project. Usually this is a public online calls for funding of certain projects.

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