Post
Topic
Board Economics
Re: France declares war on the cryptocurrencies
by
Ranly123
on 27/01/2018, 22:39:18 UTC
I read on news that

"The French finance minister has called for tough new regulations on cryptocurrencies to stop them being used to dodge tax or finance terrorism and other crimes"
Source ( http://metro.co.uk/2018/01/15/france-declares-war-cryptocurrencies-bitcoin-ethereum-litecoin-ripple-tough-new-stance-lead-ban-7231339/?ito=cbshare)

Is this having any impact on the downtrend nature of the whole Crypto Currency market today?
Are some investors having second thought about crypto and selling them?

Would like to get some idea about this.



France has beedn critical on their defense against terrorism since they have been attacked by terrorist in the past years. Though with that strict approach on cryptocurrency in their country, atleast they are not banning it. So for me, it has no effect on the downside of cryptocurrency afterall. Maybe new investors would think twice before they invest, but those who already in cryptocurrency will not panic sell their coins.