EU Finance Commissioner: the political body has no plans to react to the BTC

in bitcoin •  7 years ago 


Following the thread of statements about BTC and cryptocurrencies by regulators and ambassadors of financial institutions, some members of the European Union have been discussing the popularity of the first critic, and the political body recently added to "currencies" digital "to their statutes against money laundering.
However, Pierre Moscovici, Pierre Moscovici, explains in a recent interview that, at this stage, politicians do not have plans to "react" for the moment to the phenomenon of cryptocurrencies.

Bitcoin has a tendency to the whole world, and the regulators and bureaucrats of the countries are discussing a lot on this subject. The political bodies of the United States UU, Asia and the EU have been talking about the multiple ways in which the cryptocurrency can be regular by putting a stop to companies and exchanges of Bitcoins.

EU politicians in particular have been concerned about the fact that, by being in contact with cryptocurrencies.

Recently, it was reported that European lawmakers added digital currencies to the Fourth Anti-Money Laundering Directive, which basically considers currencies like Bitcoin to be a monetary instrument.

Although viewers believe that the EU is cracking down on cryptocurrency, European Union Commissioner Pierre Moscovici says the political body has no plans to regulate them at this time.
In an interview on the issue, "Bloomberg Surveillance", with Francine Lacqua, Pierre Moscovici, on Bitcoin and digital asset regulation, was explicitly launched to the EU financial committee.

"Commissioner, are you looking for EU is it planning to take measures to regulate Bitcoin?", Asks Lacqua to the EU Commissioner of Financial Affairs.

"At this stage, we do not consider Bitcoin as an alternative currency, not like the euro: we see that there is a lot of speculation about that Bitcoin," responds Moscovici.

"Sometimes speculation is hyperactive or exuberant: we analyze the phenomenon, but we do not believe that we have to react to Bitcoin at this stage as a political and technical body"

The latest additional statistics added to the Fourth EU Directive against money laundering with digital currencies and prepaid debit cards, which does not differ much from the legislation that is drawn up in many states of the United States.

Lacqua asks the EU commissioner if the politicians and regulators in the region are even "talking about the Bitcoin regulation". Moscovici tells the host that regulatory discussions are not as frequent at this time.

"No, we are not having those conversations at this time," emphasizes Moscovici.

The regulators make it clear that they currently have no discussions on the regulation of the cryptoactive, so that free trade is maintained.

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