It has become apparent that cryptocurrency regulation in Europe is still several years away, if not longer. A few months ago, the ECB made it clear it was not interested in intervening where cryptocurrencies were concerned. Similar statements have now been issued by the EU Banking Authority. All of this is a positive development for the industry, although it also […]
European Banking Authority chairperson says “excessive” regulation in fintech could restrict innovation #NEWS
The European Supervisory Authorities warn customers against investing in cryptocurrencies without understanding the risks and to only spend the money they can afford to lose. #NEWS
The three European Supervisory Authorities have released a warning on the risks involved with investing in cryptocurrencies.
Back in June 2014, Bitcoin mining operator GHash.io had almost come close enough to capturing the 51% of the Bitcoin’s mining hashrate, causing a heated debate within the digital currency The post EBA Sees 51% Attack as Bitcoin’s Biggest Threat appeared first on NEWSBTC.
Bitcoin’s biggest problem is still the threat of a 51% attack, according to Dr Dirk Haubrich of the European Banking Authority (EBA).
Banks need to understand blockchain technology, according to the chairman of the European Banking Association working group.
The Euro Banking Association (EBA) has explored the short-term implications of blockchain technology in its most recent report.
Following Coinjar’s exit from Australia to avoid its tax burden, MasterCard is petitioning lawmakers to enforce greater regulation of digital currencies in the country.
The European Banking Authority on Friday released an “opinion” report on virtual currencies, which has just started to make its rounds across the crypto-community. The 46-page report (which we have embedded The post European Banking Authority Issues Opinion Report on Virtual Currencies appeared first on NEWSBTC.
The European Banking Authority has warned that financial institutions should not buy, hold or sell digital currencies – yet.
The European Central Bank (ECB) has reiterated its position on digital currencies, saying they should not be overlooked.