Joachim Wuermeling on cryptocurrency regulations

Joachim Wuermeling on crypto regulations

The Board member of Germany’s Bundesbank, Joachim Wuermeling while addressing an event in Frankfurt, coined that ‘regulation of cryptocurrencies would require international cooperation’.  He said, “Effective regulation of virtual currencies would therefore only be achievable through the greatest possible international cooperation, because the regulatory power of nation states is obviously limited.”

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