Europe will not regulate bitcoin for now

Bitcoin continues to make headlines in these last weeks of the year. The cryptocurrency has undoubtedly been one of the great protagonists of this year. The huge changes it continues to undergo make headlines. In addition to generating many doubts and concerns in the market. For this reason, in recent weeks, more and more voices are calling for the use of the currency to be regulated.

Europe will not regulate Bitcoin for now

From Europe it was commented that perhaps the European Union was going to introduce some regulation for Bitcoin. So this market is safer and more reliable for users. But, nothing was known about the concrete plans. Although, it seems that at the moment there are no plans for it.

Europe does not see Bitcoin as an alternative

Many may be surprised by the decision of the European Union not to want to take action on the matter at the moment. But mainly the reason is that they do not consider the cryptocurrency to be a real alternative to the euro. So there is no need to introduce a specific regulation. This was commented by Pierre Moscovici, Euro-Commissioner of Finance.

So it seems that at the moment they do not see it that way. Although the door is not closed to that in the future things change. So the interpretation is that Europe is attentive to the evolution of Bitcoin. And they do not want to rush before taking action on the matter without being necessary.

So far the currency continues to generate headlines. Since doubts about its long-term viability do not stop growing. So it will be necessary to see how 2018 begins for the currency.

CCN Source