A top European Central Bank official on Wednesday called for governments to regulate and tax bitcoin, labelling the cryptocurrency an object of speculation and a tool for money laundering.
"One ought to apply what the basic rule is in any other financial transaction: everyone involved should reveal their identity," ECB governing council member Ewald Nowotny told the German daily Sueddeutsche Zeitung.
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Donald Trump’s shock election win in the US “is not a good day for the world economy” and could force the European Central Bank “to intervene,” governing council member Ewald Nowotny said Wednesday.
Nowotny said in Vienna that the ECB was “prepared to intervene” as he warned of “massive insecurities” after the vote outcome sent shockwaves through global markets.
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