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Friday, January 11, 2019

Crypto Currencies: EU urged to regulate crypto currencies

European regulation of crypto currencies such as Bitcoin may be neededto protect consumers, prevent money laundering, terror financing and tonstop diverging national regulations from creating unfair competition, the European Banking Authority has advised.

In a new report the EU's banking watchdog said that the European Commission should carry out further analysis to determine the appropriate EU-level response.

Read more: EU urged to regulate crypto currencies