Bitcoin, Crypto currency, Blockchain

European regulations for cryptovaluta not excluded

d28be9fc95b6512f60eda3453f3e36d4 - European regulations for cryptovaluta not excluded

Europe should be open for cryptovaluta, such as the bitcoin. But then you have the consumer and the investor does better against the risks of the virtual currency system to be protected.

That says EU commissioner Valdis Dombrovskis (financial stability), after a first meeting in Brussels on cryptovaluta. Dombrovskis quit European legislation in addition.

During the meeting were experts and representatives of national authorities present. Dombrovskis pointed out that the risks are large. “The system is impenetrable,” said Dombrovskis. It is also vulnerable to financial crimes such as money laundering.

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The commissioner is now waiting first, the consultations of the ministers of Finance and governors of central banks of the G-20, the largest economies of the world. They bend themselves in march in the Argentine Buenos Aires about the “dynamic developments” with the cryptomunten.

In a joint letter to the G-20 urging France and Germany to international regulations.

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