With its increasing popularity day by day, its usage area is also expanding. cryptocurrencies continues to be the hot agenda of countries.
A few days ago, he gave a speech at the 2nd Financial Observatory. Governor of the Bank of Spain Also on the agenda of Pablo Hernández de Cos cryptocurrencies there was.
Collaboration on Cryptocurrencies Needed!
Like Bitcoin and Ethereum cryptocurrencies Saying that it poses a danger to countries, Hernández urged the Spanish government authorities to concentrate on the regulation and supervision of the cryptocurrency market.
“Action is essential to curb the dangers posed by major cryptocurrencies like Bitcoin and Ethereum, stablecoins like Tether (USDT) and the DeFi industry.”
Central bank governor Hernández cryptocurrency He argued that there should be more cooperation on the national and international levels, as well as between institutions, in the field of industry.
Hernández also underlined that he thinks the mass adoption of cryptocurrencies will eventually have an impact on the economies of countries.
The head of the Spanish central bank said that cryptocurrencies have advantages as well as risks. Hernández stated that cryptocurrencies can be useful in terms of improving payment systems and being an alternative.
As will be remembered, the Spanish market regulator National Securities Market Commission (CNMV) What famous names or their sponsors do in January cryptocurrency ads announced that it had imposed restrictions on