A European Central Bank (ECB) governing council member said yesterday that lawmakers and central banks are examining whether they should regulate cryptocurrencies.
According to a Reuters report, Ewald Nowotny, president of the National Bank of Austria, said:
“We’re asking ourselves if legislators or central banks should intervene.”
Nowotny made his comments at a conference in Florence, Italy, according to the news source.
The regulatory focus comes following China’s recent crackdown on bitcoin exchanges, he said, adding that the authorities there considered cryptocurrencies “fraudulent.” […]
Read Full: ECB Council Member: Central Banks Considering Crypto Regulation – CoinDesk
