European Central bank - "Crypto regs not high on our to do list"

in #cryptocurrency7 years ago

Earlier today a representative from the European Central Bank stated:

“If you increasingly have bridges between the virtual world and the real world and then there is a collapse in this virtual world, it could drain liquidity from the real world,”

executive board member Yves Mersch said in an interview in Frankfurt. “This then becomes a concern for the central bank.”

This will be seen as either a good or bad thing by many people. some people are for regulations as they can protect people. however, there are alot of people who think regulations could cripple cryptocurrecies.

Please feel free to share your comments down below!

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