Europe Has “One or Two Years” to Regulate Cryptocurrency

Reading Time: 2 minutes Europe has to regulate cryptocurrency soon or face erosion of sovereign monetary systems Bank of France governor Francois Villeroy de Galhau made the comments yesterday A regulatory framework for cryptocurrencies should be drafted “within months” Bank of France governor Francois Villeroy de Galhau has said that Europe has “one or two years” to effectively regulate cryptocurrency or risk it challenging sovereign currencies. Villeroy was attending the Paris Europlace Financial Conference yesterday where he discussed the growth in use and adoption of cryptocurrencies, adding that Europe needs to move “as quickly as possible” to establish a regulatory framework. His comments come
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