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European Union Suggests Eurocoin, Mulls Banning Scam Assets

Published 11/07/2019, 07:53 AM
Updated 11/07/2019, 09:01 AM
 European Union Suggests Eurocoin, Mulls Banning Scam Assets

European bureaucrats may be warming up to crypto after all. The European Union has presented some of the most lenient regulations, and has in fact created a robust system of exchanges and brokerages.

Now, the European Central Bank has signalled it may generate an official digital coin. The news, reported by Reuters, comes after years of skepticism on the side of the ECB. The central bank actually tested distributed networks and concluded that the technology was too slow for the contemporary transactional load.

The stance on digital assets is still i...

This article appeared first on Cryptovest

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