European Central Bank to Research Bitcoin

The European Central Bank is impressed by the Bitcoin and has to acknowledge that cryptocurrencies can affect the financial stability  
09 February 2018   402

One of the great concerns of European Bank is that Bitcoin can effectively impact the financial stability of any region. Until now, banks and policymakers have not paid enough attention to cryptocurrencies. At the moment, the European Union, which is quite impressed with the potential of the blockchain is willing to research it.

On a European level, only a few countries introduced their taxation regulation. However, the European Central Bank has no plans to regulate cryptocurrencies, they even don't have enough power to do it effectively.

At the moment, the ECB may not see Bitcoin as a threat, but things can change. The main goal of the ECB is to study the risks connected with cryptocurrencies in the future. Especially Bitcoin which may cause a major risk to financial stability.

Before making any conclusions, it is necessary to conduct additional studies. Regulating the сryptocurrency is a complicated issue, because no one is able to control the cryptocurrency, not even the European Central Bank.

At the moment, the European Central Bank can only provide more guidelines to help mitigate any impact on local economies.

Australia joins the crypto-discussions arena with Bitcoin & Blockchain Fair

The inaugural Bitcoin and Blockchain Fair will be presented at the Sydney Showgrounds on May 12-13 with an all-round program about cryptocurrency and blockchain
21 April 2018   44

A high profile event in cryptocurrency and blockchain is coming to Sydney, Australia on May 12-13 – Bitcoin and Blockchain Fair. The conference will provide a platform to interact and discuss on all areas of the cryptocurrency and blockchain technology sectors (fintech, investment, venture capital, regulation, ICO, etc.), current opportunities and perspectives in the form of a Forum and an Exhibition Showcases.

The Exhibition Showcase that will allow to exhibit showcases and engage with crypto services providers, government and fintech startups. Forum is the bulk of the conference and is comprised of 2-day sessions to allow international speakers and industry leaders of the crypto and blockchain sectors a chance to share their expertise. May 12 is focusing on cryptocurrency and ICO engagement; May 13 wil cover blockchain technology overview, case studies, solutions and future trends.

The fair is organized by ABF Business and Principal Sponsor Coinspot. Exhibitors and Speakers include attendees from Asia, Europe and USA together with key Australian high profile crypto & blockchain enterprises. The full agenda of the event can be found here.