Austrian Minister believes Blockchain Doesn’t Need Regulations

Austrian Minister Belives Blockchain Doesn’t Need Regulations

Federal Minister for Digital and Economic Affairs Austria, Margarete Schramböck shared her point on view and explained, “We do not need regulation for Blockchain as We also do not regulate technologies such as machine learning or C ++”. Although she agrees cryptocurrencies needs to be regulated to avoid crimes such as fraud, tax evasion, & money laundering.

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