EBA Chairman Sees No Reason to Further Regulate Cryptocurrencies

  • Published on: Mar 13, 2018 - 10:06 AM
  • Source: The Merkle

EBA Chairman Sees No Reason to Further Regulate CryptocurrenciesIt has become apparent that cryptocurrency regulation in Europe is still several years away, if not longer. A few months ago, the ECB made it clear it was not interested in intervening where cryptocurrencies were concerned. Similar statements have now been issued by the EU Banking Authority. All of this is a positive development for the industry, although it also means there is still a lack of “legality” in Europe. The Future of Cryptocurrency in Europe Depending on how you want to look at it, a lack of cryptocurrency regulation can be a good thing or a bad thing. While most industr …

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