Bit of Headache for Paris, Bitcoin Regulation Added to EU Agenda

“On 04 March 2014, Pierre Moscovici urged EU member states to begin talks regarding the regulation of virtual currencies.  As it currently stands, bitcoin is  considered ‘neither a legal currency, nor a means of payment …[and]…  does not fall directly within the scope of supervision and surveillance of competent authorities in payment issues’, according to the Bank of France. The same can be said for the European Central Bank, who mirror these findings and also added that virtual currencies.  Where  publications choose to highlight negative issues, without giving fair exposure to the positive issues, it is no surprise to see the concerned authorities call for regulatory measures.”

formerly/https://coinreport.net/analysis-bitcoin-regulation-eu-agenda/

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