Germany monitoring bitcoin market impact: FinMin

in dtube •  7 years ago 

** BERLIN **

Germany is carefully monitoring the impact of cryptocurrencies on markets, a finance ministry spokesman said on Wednesday, as bitcoin surged and the futures of the best known cryptocurrency made their world debut on a U.S. stock exchange.

image

"The finance ministry, the (Federal Financial Supervisory Authority) BaFin and the Bundesbank are monitoring developments on financial markets attentively and this applies to bitcoins," Dennis Kolberg told a news conference.

He added that he would not comment on the value developments of bitcoin on markets.

"Generally speaking I can say that bitcoins are no legal means of payment and subject to no deposit guarantee," Kolberg added.

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:  

I upvoted you please follow me and upvote my post!
thanks!

How great would it be to pay for a beer with bitcoin