Author: ronnieweathers5

Jason Simon explores how certain European countries are regulating cryptocurrencies –

The German Federal Ministry of Finance, with support of Germany’s Bundesbank, has determined that digital currency is not a real currency. It asserts, incorrectly, that cryptocurrency doesn’t fulfill the typical functions of currency, which it has already been proven to do. However, until Germany recognizes Bitcoin and others as part of the country’s national monetary system, it cannot be considered a valid currency. As cryptocurrencies continue to receive more attention around the world. Many countries have begun to address their status from a legal and regulatory standpoint. While most developed countries have been more accessible to the ecosystem, a few ... Read more