Tuesday 11 July 2017



European Union Want Legalize Bitcoin

     The European community has been very involved in the Blockchain advances and led important discussions on the cryptocurrencies that could open a new chapter of distributed technologies. A few weeks ago, the use of Bitcoin was discussed as a method of payment in the European Union, during the 4th Conference of Virtual Currencies of the European Police Office (Europol).

     The conference was attended by several members of Europol's European Cybercrime Center who are in charge of studying in detail any occurrences of crimes on the Internet. The aim of the conference was to clarify all the possible environments that may arise when accepting Bitcoin as a form of payment in the European Union. The speakers assured that the Best Bitcoin Exchange will be taken into account to carry out the transactions and that all EU member countries strictly comply with all the requirements established therein.

     In several European countries there are several of the Best Bitcoin Rate and there is also a lot of Bitcoin Exchange to perform the operations. However, the conference would agree on which Bitcoin Exchange would be accepted in the European Union. They took as example Bitxoxo, one of the Best Bitcoin Exchange in India referring to her as an example for programmers in Europe to develop Bitcoin Exchange like this.

     The meeting also mentioned several of the Best Bitcoin Exchange in Europe, was named Coinbase, Localbitcoin, Bitpay, Xapo and Bitfinex. These could be the ones chosen to accept and legalize the use of Bitcoin as a means of payment in the countries that form this agreement.

     It should be noted that it has been mentioned that it has opened certain types of illegal transactions on the Internet, but members of the Europol European Cyber ​​Center ensured that all this can be prevented and highlighted Blockchain implementation to ensure the transactions carried out. The European Parliament also published a report on the advantages of digital coins in relation to the problem of geo-blocking, as well as highlighting the strengths of Blockchain technologies in the cybersecurity sector and this allowed people at the conference Could feel more comfortable and quiet to carry out the operations and rely on Bitcoin.

No comments:

Post a Comment

Regulation on Bitcoin in India

Since the price drop of bitcoin came into existence the investors and traders started freaking out. As the price of bitcoin once hit the hi...