{"id":1881,"date":"2018-03-12T13:48:07","date_gmt":"2018-03-12T13:48:07","guid":{"rendered":"https:\/\/atozcrypto.org\/?p=1881"},"modified":"2018-03-12T13:57:00","modified_gmt":"2018-03-12T13:57:00","slug":"eu-losing-patience-urges-global-crypto-regulation","status":"publish","type":"post","link":"https:\/\/atozcrypto.org\/eu-losing-patience-urges-global-crypto-regulation\/","title":{"rendered":"EU Losing Patience \u2013 Urges Global Crypto Regulation"},"content":{"rendered":"
<\/a><\/p>\n <\/a><\/p>\n This article was originally posted on Bitcoin News – delivering news related to the Bitcoin network from multiple locations around the world. For more follow the link below.<\/p>\n Commissioner for Financial Stability, Financial Services and Capital Markets Union, Valdis Dombrovskis of the European Union (EU), is urging a broader regulatory regime upon cryptocurrencies, and is threatening an EU move especially if there appears to be no global consensus on how to address the decentralized currency phenomenon.\u00a0<\/strong><\/p>\n Also read:\u00a0<\/em><\/strong>Bitcoin Futures Regulator Allows Employees to Trade Crypto<\/a><\/em><\/p>\n Valdis Dombrovskis, Vice-President of the European Commission, warned, \u201c[Bitcoin] is a global phenomenon and it\u2019s important there is an international follow-up at the global level. We do not exclude the possibility to move ahead (by regulating cryptocurrencies) at the EU level if we see, for example, risks emerging but no clear international response emerging.\u201d<\/span><\/p>\n Mr. Dombrovskis\u2019 remarks were delivered this week in Brussels at a an EU Commission meeting termed\u00a0<\/span>Roundtable on cryptocurrencies<\/span><\/em><\/a>. The agency \u201caims to ensure investor protection, market integrity and financial stability while taking full advantage of the new technological developments,\u201d according to its website.<\/span><\/p>\nEU Financial Commissioner Urges Global Crypto Regulation<\/span><\/h2>\n