ECB Official Calls for Tax on Bitcoin Transactions
Bitcoin should be regulated and even taxed, according to a European Central Bank (ECB) governing council member.
ECB executive board member Benoît Cœuré has discussed potential uses for blockchain at central banks, but he's really not keen on bitcoin.
The second report from the project 'Stella' initiative explores applications of distributed ledger technology to the securities settlement process.
The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone.
Mario Draghi, president of the European Central Bank, has said it's not his institution's job to regulate cryptocurrencies.
The European Central Bank is soliciting questions for its president, Mario Draghi, specifying that cryptocurrencies should be a topic.