Post
Topic
Board Economics
Re: France declares war on the cryptocurrencies
by
laracastvue
on 19/03/2018, 22:12:22 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.



Declaring a war on cryptocurrencies is like declaring a war on different bitcoins holder. There are a lot of people today who are investing on cryptocurrency and if government will just immediately ban bitcoins on their country then a lot of companies will crash and the number of their enemies will increase.