Don’t Regulate Crypto, Regulate Financial Institutions, Says EU Banking Authority Chair

in cryptocurrency •  7 years ago 

Don’t Regulate Crypto, Regulate Financial Institutions, Says EU Banking Authority Chair

"European Banking Authority chairperson says “excessive” regulation in fintech could restrict innovation #NEWS"

Read more: cointelegraph.com

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7 years ago by

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      ·  7 years ago 

    OHHH yeah. Financial institutions in the world made almost 75% of the middle class pockets empty and this is the real headache.
    I hope I could see poor people in the coming years get rich from crypto and financial institutions fall down,, Because they dont help they just still cars and houses by their promises and their greedy Debts and Loans.

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        ·  7 years ago 

      The regulated financial systems are the problem. I agree they rob from the poor and middle class to only feed a select few.

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          ·  7 years ago 

        As if regulation were at all possible... Resteemed!

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            ·  7 years ago 

          major data breaches and frauds happen in regulated institutions, but they are so powerful that no one punishes them. thankfully blockchain technologies is taking the power away of their hands!
          here is my latest post about crypto: https://steemit.com/bitcoin/@williamcrypt97/why-i-love-these-4-projects-and-you-should-too

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            [-]
              ·  7 years ago 

            From Europe to China to the US, the clamour for and against crypto gets louders.

            Something makes me feel the for would win.

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