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Even more from Mersch: Regulatory action should be explored for virtual currencies

Even more from Mersch: Regulatory action should be explored for virtual currencies

Cryptocurrency
Mike Paterson
08/02/2018 | 11:50 GMT

ECB exec board member still on the cryptocurrency case 8 Feb

  • suggest broadening existing frameworks such as payment services directive
  • any virtual ccy business of banks needs to be rigorously supervised to ensure risks are contained

Bitcoin unfazed by any of it and now $8476 near session highs after decent rally again from $7500, now a line in the sand.

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