According to Peter Hasekamp, director of the Dutch Bureau of Economic Analysis, the main cryptocurrency cannot be used as a means of payment and savings.
The Dutch authorities should completely ban the mining, storage and trading of bitcoin, said Peter Hasekamp , director of the Dutch Bureau of Economic Analysis under the Ministry of Economy and Climate Policy.
In his opinion, the main cryptocurrency cannot be used as a unit of account, means of payment and store of value.
The Netherlands is now lagging behind other countries in its position to curb the rise in popularity of cryptocurrencies, Hasekamp said.
As an example, the official cited China, where they recently called for a tough regulation of the circulation of digital assets.
“Dutch regulators have tried to tighten supervision of trading floors, but without much success. The Central Planning Bureau pointed to the risks of cryptocurrency trading in 2018, but concluded that stricter regulation is not needed yet, ”added Hasekamp.
The uncontrolled spread of cryptocurrencies is also worried in Italy. Paolo Savona , head of the Italian financial regulator CONSOB, believes that digital assets contribute to illegal activities such as money laundering, and can also undermine the ability of central banks to conduct monetary policy.