Former Belgian finance minister and current member of the European Parliament Johan van Overtveldt called on the authorities to ban cryptocurrencies.
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.
— Johan Van Overtveldt (@jvanovertveldt) March 17, 2023
“Another lesson to be learned from the current banking turmoil. It is necessary to introduce a strict ban on cryptocurrencies. Speculative poison and no economic or social value. If the government bans drugs, it should also ban cryptocurrencies,” the politician wrote.
Overtveldt made a statement amid the collapse SVB and Signature Bank, the consequences of which extended to Europe, affecting one of the largest local investment banks – Credit Suisse.
On March 15, the organization’s shares lost more than 15% in price, at the moment they declined from ATH reached 98%. This situation forced Credit Suisse ponder on a $53 billion loan from the Swiss National Bank.
On last year’s debate Overtveldt noted the “great potential” of the technologies underlying cryptocurrencies.
Recall that in March 2023, the European Parliament adopted a bill on data protection, which concerns smart contracts.
Later, the EU authorities approved a decree on a digital identification system.
Found a mistake in the text? Select it and press CTRL+ENTER
Cryplogger Newsletters: Keep your finger on the pulse of the bitcoin industry!
