European Union Welcome Policy for Digital Currency

[S.coastapps]

The most exceptional part that makes money give a singing emanation is it’s a ‘borderless’ tag. As the vast majority of the cryptocurrency is not constrained by any individual gathering, it is neither time-bound nor is influenced by a vacation boundary and the most striking component is its quick stream crosswise over fringes with no confinements.

Tragically, the greatest favorable position is again constrained by severe standards and guidelines of various nations that appreciate a decent authority over the advanced world with the weapons called ‘law’. Nations like China pursue this system banning a wide scope of digital forms of money.

On the opposite side, there are nations like Japan where an all-around arranged far-reaching framework permits the quick progression of digital currencies.

Source: TheCoinRepublic

[Alcor]

As far as I know, the countries of the European Union are quite positive about cryptocurrency. First of all, this applies to Germany, France, the Baltic countries and others. However, they are forced to introduce certain rules for its circulation, because due to the features of the cryptocurrency you have indicated, they need to fight primarily with the possible financing of terrorism. Indeed, in recent years, European countries have often been attacked by terrorists. Here we can not do anything and we only have to agree with such an attitude of states so that cryptocurrency develops and has an extensive infrastructure under the protection of the state.

[Senin]

The monetary system of any state is directly related to the growth and decline of the economy of this state. Therefore, no state can allow uncontrolled circulation of a cryptocurrency foreign to any state. Therefore, some control over the movement of funds in cryptocurrency is inevitable. In addition, in addition to economic feasibility, the state must combat various abuses involving cryptocurrency - laundering dirty money and combating the financing of terrorism. Therefore, absolutely uncontrolled means of payment in society can not be.