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   1069

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.

Craig Wright to Claim to be Satoshi Again

He explained that the false information surrounding Bitcoin and blockchain-derived systems made him come out of the shadows
18 February 2019   96

A senior researcher at nChain, Craig Wright, sent the Commission on the US Exchange Commodity Trading (CFTC) introductory information on cryptocurrency mechanics in response to a request from the Office. But even in the official document he did not miss the opportunity to remind everyone that it was he who allegedly was the creator of Bitcoin Satoshi Nakamoto.

My name is Dr. Craig Wright and under the pseudonym of Satoshi Nakamoto I completed a project I started in 1997 that was filed with the Australian government in part under an AusIndustry project registered with the Dept. of Innovation as BlackNet. Ethereum is a poorly designed copy of bitcoin designed with the purpose of completing the promise of smart contracts and scripting that were delivered within bitcoin but which were hobbled by the core developers of bitcoin who sought to enable anonymous transactions to exist within the system. 

Craig Wright


Earlier in February, the “self-proclaimed Satoshi Nakamoto” announced that he possesses a patent, allegedly capable of restricting the right to issue JPM Coin.

In October 2017, Craig Wright made a mistake confirming that he was not Satoshi Nakamoto.