Librexit - the EU is cautious about cryptocurrencies

09.12.2019 13:01|Conotoxia.com

Author: forsal.pl
Address: https://forsal.pl/finanse/aktualnosci/ibrexit-unia-zapalila-czerwone-swiatlo-kryptowalutom.html
Date: 06.12.2019

The European Commission and the Council of Europe in a joint statement turned the red light on to stablecoin projects, i.e. cryptocurrencies which value depends on traditional assets such as dollars. Although the communication does not mention the name of Facebook or its stablecoin child Libra, the statement was triggered by this virtual currency," writes Bartosz Grejner, Market Analyst at Conotoxia.

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