ECB’s chief supervisor says the central bank will keep an eye on cryptocurrencies, but is not rushing to lay down regulations just yet. While the European Central Bank (ECB) is prepared to step in if required, the regulation of cryptocurrencies is currently not a key concern.
Speaking to CNBC, ECB’s chief supervisor Daniele Nouy said the ECB intends to keep an eye on cryptocurrencies, particularly new developments in the space, such as the listing of Bitcoin futures contracts on U.S. stock exchanges (CBOE and CME both launched Bitcoin futures contracts in December last year).
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