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Miguel Gomez  /  Cryptovest.com  | 

Regulate Bitcoin Like Gold, Says Bitpanda Executive

Regulate Bitcoin Like Gold, Says Bitpanda Executive The largest cryptocurrency broker in Austria supports the notion of regulation, albeit with concerns about harsh measures that might stifle market activity.

As the European Union continues to discuss an acceptable level of regulation for Bitcoin and other cryptocurrencies traded in the continent, the largest crypto broker in Austria suggests regulating Bitcoin like gold, which would benefit from less complexity than if it were regulated like a security or bond.

“Regulation provides us with more legitimacy. We’ve wanted to be regulated, but so far have been told that we cannot be,” said Eric Demuth, co-CEO of Bitpanda.

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Source:
https://cryptovest.com/news/regulate-bitcoin-like-gold-says-bitpanda-executive/