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Commissioner for Financial Stability, Financial Services and Capital Markets Union, Valdis Dombrovskis of the European Union (EU), is urging a broader regulatory regime upon cryptocurrencies, and is threatening an EU move especially if there appears to be no global consensus on how to address the decentralized currency phenomenon. Also read: Bitcoin Futures Regulator Allows Employees to … Read more
Government officials can’t seem to make their minds up about bitcoin. Politicians like the underlying technology, they are prone to insist, but aren’t sure about the cryptocurrency itself, which is used by criminals to launder money, they reiterate. In as many weeks, European Commission-affiliated groups have issued two seemingly contradictory statements on the matter. Either … Read more
Citing pretext to end all pretexts, “terrorism,” European Union legislators moved Friday, December 15 to impose tighter controls on the world’s most popular cryptocurrency, bitcoin, through trading exchanges and related businesses. Also read: Rise of the Bitcoin Politician: Austin Petersen’s Scrappy Run for US Senate European Union Moves Against Bitcoin The European Union has updated … Read more
