Bitcoin to come under MORE regulation to protect global finance from criminal activity

in bitcoin •  7 years ago 

Bitcoin skyrocketed to a whopping $20,000 shortly before Christmas but prices have steadied around $11,000 since the announcement.

But Mrs Lagarde said more governments and banks will seek to further control the way bitcoin is used to protect financial stability.

She said: "The anonymity of it is likely to facilitate money laundering, dark money moving around and things that no one is happy about if you’re looking for financial stability and transparency of financial transactions.

Bitcoin skyrocketed to a whopping $20,000 shortly before Christmas but prices have steadied around $11,000 since the announcement.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

hola! I like your post! Thanks for it! I went to Jail because of Cryptos... lets make stemit togheter to a better place with our content! I would like to read a bit more about you and maybe do you have some more pictures?
I also just wrote a introduceyourself. maybe you upvote me and follow me aswell as I do? https://busy.org/introduceyourself/@mykarma/1-jail-review-bitcoins-3-years-ago

so funny how they want to know every little transaction we have and worry about money laundering and using crypto for criminal activites.. BUT WHEN THE GOVERNMENT DOES IT USING EXTORTION AND MANIPULATION IT IS OKAY.

So ridiculous.