Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil – Regulation Bitcoin News

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Chair of EU Parliament’s Committee on Budgets Calls for Crypto Ban Amid Banking Turmoil – Regulation Bitcoin News
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Belgium’s ex-finance minister suggests banning cryptocurrencies amid banking crisis.

Johan Van Overtveldt, former finance minister of Belgium, believes these assets bring no economic or social value.Member of the European Parliament, Johan Van Overtveldt, has insisted that governments should prohibit cryptocurrencies like bitcoin. His call comes amid a crisis sparked by the failure of several banking institutions, including two crypto-friendly banks in the U.S.

Nog een les te trekken uit de huidige bankcommotie. Leg een strikt verbod op cryptocurrencies op. Speculatief gif en geen enkele economische- of sociale toegevoegde waarde. Als een overheid drugs verbiedt, moet ze ook crypto’s verbieden.Van Overtveldt is a Belgian journalist and politician from the New Flemish Alliance party, who served as his country’s minister of finance between 2014 and 2018, in the government of Prime Minister Charles Michel.

is a soft Eurosceptic, anti-federalist political group in the EU’s legislature. Free enterprise, minimal regulation, lower taxation, along with “small government as the ultimate catalysts for individual freedom and personal and national prosperity” are among its founding principles.of three U.S. banks, two of which were involved in the crypto space, Silvergate Bank and Silicon Valley Bank.

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