Lawmakers are debating how to deal with virtual currencies and, in particular, with the promising technology behind them: blockchain. Patrick Murck, co-founder of Bitcoin Foundation, believes that the current ‘hands-off’ approach is the right one.
The European Commission will outline an action plan to combat terrorism financing on Tuesday (2 February). But legislative proposals will require more work to minimise possible side effects on the financial sector, EU officials told Euractiv.
Cash could become history within a decade, thanks to new financial instruments, including virtual currencies, some of the world's leading bankers said during the World Economic Forum on Wednesday (20 January).