European Central Bank (ECB)) advocating that it should issue a digital euro and responsible for the Digital euro project ECB board member Fabio Panettatalked about Bitcoin in a statement today.
“Bitcoin Is A Gamble!”
Bitcoin (BTC) and in cryptocurrency miningReferring to the excessive amount of energy used, Panetta stated that government officials should adopt a less tolerant approach to technologies such as Bitcoin.
Speaking at the meeting of the Economic Affairs Committee of the European Parliament, Fabio Panetta said, bitcoin said about it:
“It would be ideal to be socially involved in new technologies such as Bitcoin and to have a less tolerant approach to the activities of these technologies.
These technologies, like Bitcoin, are pure gambles and a tremendous waste of energy.”
ECB official Panetta, who thinks that cryptocurrencies such as Bitcoin do not have a role in the social field, said, “Cryptocurrencies do not have any economic activity behind them, so they are not used for payments.” said.
According to Panetta cryptocurrencies The most difficult part is how to intervene in these assets.
“The challenge is how to intervene in cryptocurrencies. A coordinated international effort is definitely needed in this regard.”
AML Rules May Be Relaxed For The Digital Euro!
ECB member Fabio Panetta also spoke of the digital euro He also suggested that it be allowed to be used in low-value transactions.
panette, bitcoin He said that regulatory rules such as money laundering, which are subject to cryptocurrencies such as cryptocurrencies, can be relaxed for the digital euro and special treatment can be given to the digital euro.
Referring to EU anti-money laundering and terrorist financing regulations, Panetta said, “The use of digital euros for small-value payments may be subject to streamlined AML/CFT procedures. he added.