Polish Finance Ministry Calls for Increased Bitcoin Regulation

Fintech Investing

Poland’s Finance Ministry is calling for increased bitcoin regulation in the EU.

Poland’s Finance Ministry is calling for increased bitcoin regulation in the EU.
According to an article on CoinDesk:

[The ministry] said regulating bitcoin should form “part of initiatives at the EU level, due to the transborder character of cryptocurrency transactions”.
The ministry provided this statement in a written response to a request for information filed by two Polish Members of Parliament (MPs), Jan Warzecha and Bogdan Rzońca.
In their request for information, the MPs said “piracy, cybercrime, phishing, thefts and hacking online accounts and attacks on the users of cryptocurrencies are increasingly often taking place”.
More specifically, they said that, between 2004 and 2014, the amount of detected cybercrimes increased from 404 to some 22,000. As a result, the politicians asked the ministry whether it “has plans to launch legislative activities with the aim of regulating the issue of digital currencies”.

Click here to read the full article on CoinDesk.


 
The Conversation (0)
×