German Central Bank: Cryptoregulation Shall Be International

News from German Central Bank. Joachim Wuermelig, a board member of Deutsche Bundesbank, has made a suggestion that any regulation o cryptocurrency shall be developed and introduced on an international level. For now, there is no collaboration of countries in this field, hence, the regulation is pretty limited.
Many countries have already made an attempt to regulate the cryptocurrency, some in a very negative way, like, say, China, which banned cryptocurrency and all connected operations. Russia has suggested the introduction of the national cryptocurrency. The USA is trying to regulate it not only on federal but also on state level. The approaches are different, but, till there is no unity, there will be no success in regulating this new phenomenon.

Add a Comment

Your email address will not be published. Required fields are marked *