European Commission Urges Nations to Embrace Blockchain Tech but Address Risks

Following remarks made by Valdis Dombrovskis, vice president of the European Commission EC, after a roundtable on cryptocurrencies, it appears that the European Union EU is prepared to take steps toward regulating cryptocurrencies.While acknowledging that European nations should embrace blockchain technology in order to remain competitive in financial markets, Dombrovskis also cautioned that they should be taking steps to protect their citizens from hazards in the cryptocurrency space.Based o

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