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Tag: ECB

ECB Concerned about the Spread of Cryptocurrency, Wants Global Response

Category: Bitcoin, News, Regulation

ECB Concerned about the Spread of Cryptocurrency, Wants Global Response

Executive board member of European Central Bank (ECB), Yves Mersch, recently recognized digital currencies have the potential to spread internationally and does not feel this is something regulators should continue ignoring. Mersch outlined that economies should prepare for a global response to cryptocurrency platforms as he expects the use of cryptocurrencies to continue with its current hype. In an interview…

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ECB To Toughen Stance on Virtual Currencies

Category: Bitcoin, News, Regulation

ECB To Toughen Stance on Virtual Currencies

The European Central Bank (ECB) is not a big fan of virtual money. That is quite an understatement, as the financial institution urges EU regulators to “curb the growth” of virtual money solutions. While there is no indication these pleas will lead to additional regulation in the European Union, it is another example of how the ECB is afraid of…

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