Crypto News | European Union cryptocurrency meeting

In today’s news review, we bring you the latest information concerning the impact of cryptocurrencies on the European Union and its regulation. According to the latest information, a European Union cryptocurrency meeting is scheduled soon and is supposed to be moderated by a European Union commissioner. The goal of the meeting is to discuss the effects cryptocurrencies might have on the work and role of central banks. There are already some countries that have been researching how central banks could be doing business with cryptocurrencies, such as India and Canada. As for the current attitude on cryptocurrencies and central banks, some think that central banks should buy cryptocurrencies, while others think they shouldn’t buy them because it’s too risky. Anyhow, European Union cryptocurrency meeting will come soon, and it could change the way this institution looks on the subject, so it’s definitely something you should be informed about.

The second today’s news comes from the United States; more precisely, from Virginia. A state senator has introduced a bill which has a goal to lunch a study on the effect of cryptocurrencies on the life of people in Virginia. As we can see, some American states are heading towards institutional recognition of cryptocurrencies, which is very good for blockchain technology and cryptocurrency industry as such.

As for the other news, we’d like to highlight the situation with NAFTA, which seems to be a very hot topic in the last couple of days. According to the latest information from Montreal, there’s a plan of modernizing the organization. It’s the sixth round of talks, and it should be ended by the end of March. The United States have certain demands on the amount of North American content in autos, but it seems that Mexico City opposes the number of 50 percent of the U.S. content. Since this topic is quite important and since it could have a long-term impact on the oil price, the Montreal meeting is also very much worthy of your attention.


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Author: Max Rothstein

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