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Blockchain is based on distributed ledger technology (DLT) and has existed for over a decade. Despite all the hype around it, the technology is yet to become mainstream. Enterprises are still exploring possible applications for the technology and have demonstrated only a few use cases so far. Policymakers globally have taken diverse approaches to the regulation of blockchain and the majority of these policies target cryptocurrency applications.


  • There is a clear global divide in the approaches taken so far to regulate blockchain.
  • International harmonization is required for establishing a framework for blockchain regulation.
  • Blockchain regulatory developments should keep-up with technological advancements.

Features and Benefits

  • Details the challenges that governments faces in regulating blockchain technology.
  • Analyzes the initiatives taken by governments of US, China, Malta, Gibraltar, and EU to regulate blockchain technology and its applications.
  • Recommendations to policymakers and governments on factors that needs focus to regulate blockchain.

Key questions answered

  • What factors needs to be considered while framing blockchain regulations?
  • What challenges are the governments facing to regulating blockchain?
  • Which countries have already initiated steps to regulate blockchain, and what is their approach?

Table of contents


  • In brief

Ovum view

  • Recommendations to governments and regulators

Introduction to blockchain

  • Banking and financial services
  • Logistics and supply chain management
  • Government
  • Insurance

Implementation challenges and potential regulatory remedies

  • Transparency
  • Data privacy and protection
  • Cross-country implementation
  • Consortium implementation
  • Licensing
  • Interoperability
  • Auditability and security

Country case studies

  • EU
  • US
  • China
  • Malta
  • Gibraltar


  • Methodology
  • Further reading
  • Author

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