The governor of the Bank of Spain has called on the country’s governmental authorities to intensify the monitoring, regulation, and supervision of the cryptocurrency market. The action is essential in order to manage the danger presented by the most prominent cryptocurrencies.
The governor of the Bank of Spain has called on the country’s governmental authorities to intensify the monitoring, regulation, and supervision of the cryptocurrency market. The action is essential in order to manage the danger presented by the most prominent cryptocurrencies.
Countries will go to any lengths to suppress crypto and maintain their control on people’s finances.
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Slowly more countries are seeing that Crypto will get mainstream and it’s inevitable!
The action is essential in order to manage extort crypto inverstos from what government considers to be its fair share
They feel fear now that crypto is booming!
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if only they did the same for fiat
tldr; Bank of Spain Governor Pablo Hernández de Cos has called on the country’s governmental authorities to intensify the monitoring, regulation, and supervision of the cryptocurrency market. The action is essential in order to manage the danger presented by the most prominent cryptocurrencies, such as Bitcoin (BTC) and Ether (ETH), and stablecoins (USDT). He also urged for more collaboration at the national and international levels, as well as across institutions.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Money Heist just got renewed for another season, I see. And it’s Bitcoin season.
That’s my country… And our government is money thirsty. The whole analysis is that they saw a new opportunity to pick up money from people. The end.
They fear so much crypto that they “ignore” the problems that fiat cause.
You can do money laundering in fiat but how dare you do that with crypto.
They… they should do that with fiat… and politicians’ bank accounts, the real criminals, not the normal folk just trying to scrape by making a living day to day
What danger is presented by cryptocurrency? The people get to have full control over their money?
Again, this is exactly why we need DAOs
DeFi and DAOs will eventually take over. I’m already using things like AAVE and SolanaPrime and won’t stop anytime soon
butt hurt much?!
Shouldn’t this guy be more worried about the money heist at the bank?
Good, I welcome regulation it leads to adoption