Skip to content

Germany, France, Italy, Spain and the Netherlands are demanding strict regulations for cryptocurrencies from the European Commission

September 11, 2020

Finance ministers from Germany, France, Italy, Spain and the Netherlands have asked the European Commission for strict rules when they presented their cryptocurrency proposal. This was reported in an article in El Economista signed by Jorge Valero.

“After seven months of video conferences, the EU finance ministers met on Friday for the first time since the outbreak of the pandemic in Berlin. No decisions are expected from the meeting, which will continue this Saturday, as it is an informal meeting, but two important messages have emerged, “reads the article which later detailed it: First of all, there was a need to maintain budgetary incentives to support economies during these times of crisis. But the second came from the hands of several finance ministers.

In this way, It was learned that the finance ministers of Germany, France, Italy, Spain and the Netherlands asked the European Commission for strict rules when they presented their cryptocurrency proposal.

Germany, France, Italy, Spain and the Netherlands are demanding strict regulations for cryptocurrencies from the European CommissionGermany, France, Italy, Spain and the Netherlands are demanding strict regulations for cryptocurrencies from the European Commission

The publication quoted the Frenchman Bruno Le Maire who said: “We are concerned about cryptocurrenciesIn this scenario, some expect the Commission to have “very strict and very clear rules”.

According to Valero, the draft cryptocurrency proposal contains stricter requirements for digital currencies that are said to have “more risks”, especially for stable coins.

You might be interested in:

Receive Breaking News !

Install
×
Enable Notifications    Ok No thanks