Home / Bitoin News / Bundesbank Director Says Bitcoin Rules Should Be World Wide

Bundesbank Director Says Bitcoin Rules Should Be World Wide

Bitcoin is Decentralized peer-to-peer payment system that should not have any boundaries. Mr. Joachim Wuermeling, a member of the board of Germany’s Bundesbank, stated national policies might not work for Bitcoin.

German central bank About Bitcoin says national rules Might be hard to Implement


“Powerful regulation of digital currencies might consequently most effective be achievable via the best feasible international cooperation. Because the regulatory power of country states is obviously constrained,” he told an occasion in Frankfurt.
I am not even going to address whether or not this is the proper or incorrect approach. Because the idea of making plansimposing and rolling out worldwide regulation is absurd.

What is the over/below on the timeline for enforcing international regulation? 10 years? twenty years?

These were the saying by bundesbank director which were talking about bitcoin and future world. That time is not far when every country will accept it.

Please like our page and share this info on social page.

Check Also

Cryptocurrency News Update 18-03-2018: Bitcoin News Updates, Ripple Xrp News Today

Cryptocurrency News Update 03-04-2018: Bitcoin News Updates, Neo [NEO] News, Tron [TRX] News

Welcome to Cryptocurrency News Update, here you can check the popular news and announcements daily …

Leave a Reply

Your email address will not be published. Required fields are marked *