Post
Topic
Board Speculation
Re: What effect will coming EU regulations have on bitcoin
by
BartS
on 18/04/2017, 01:55:56 UTC
http://www.demorgen.be/economie/geens-pakt-misbruik-met-digitale-munten-aan-b199683e/

The article says "Belgian minister of justice implies tight regulations on crypto transactions and expands the traditional financial sectors legal obligation to coorporate with justice to the cryptocurrency world.
Also new procedures are beeing developed to make it easier to trackdown and confiscate cryptocurrency's in the EU"  

Virtually all exchanges are subject to KYC & AML regulations, nothing new here. Strict regulations on crypto payments ?  That may be a serious adaption hurdle, if merchants are loaded with regulations when accepting btc there is no advantage over traditional payment systems.

Will this have, in your view, impact on btc integration ?  
 
So what? They cannot enforce their rules and regulations over bitcoin, they are probably try to strangle business that accept bitcoin but like always it is not going to be enough to stop bitcoin.