Post
Topic
Board Economics
Re: France declares war on the cryptocurrencies
by
Kurokyy
on 12/07/2018, 19:40:12 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.



War on cryptocurrency and war on drugs are just the same because people will still invest no matter how the government create different laws or ban crypto in their country because people can get more income in this way rather than working in the corporate world.