In Europe, what is the best way to regulate Bitcoin under financial law—fit it into existing frameworks or create dedicated regulation?

Asked Jul 10, 2015· 1 answer ·Bitcoin, Developed Markets, EMEA, Europe, European Union

Faisal KhanAnswered Jul 10, 2015

Ideally, we should not be regulating it. Let it mature. However, if it must be regulated then, under the existing PI (Payments Institution) license framework makes sense.

Treat it as an additional currency of a new virtual country.

Crypto Regulation Crypto Licensing Bitcoin Developed Markets EMEA Europe European Union

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