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    Survey finds Europeans want home countries to regulate crypto, not EU



     A recent poll regarding European cryptocurrency policy saw the
    participation of 31,000 respondents across 12 member states of the
    European Union. 

    A large-scale poll across 12 European Union member states revealed
    that a majority of Europeans would prefer local governments to create
    and regulate cryptocurrencies. 

    Redfield & Wilton Strategies carried out a survey for
    Euronews, polling 31,000 respondents from Estonia, France, Germany,
    Greece, Hungary, Italy, Latvia, Lithuania, the Netherlands, Poland,
    Portugal and Spain.

    Against the backdrop of the new crypto laws proposed by the European Commission (EC),
    a lion’s share of respondents from all nations supported the creation
    of a national cryptocurrency. The main reason for an in-house token,
    however, is attributed to gaining financial independence from the
    European Union.

    Out of the lot, respondents from Greece (40%),
    Italy (41%) and Estonia (39%) showed the highest support for a national
    cryptocurrency, while an average of 30% of respondents from other
    countries was in favor of a national cryptocurrency. 

    Going
    against this trend, 37% of respondents from the Netherlands opposed the
    launch of national crypto initiatives, dwarfing the 18% supporting
    respondents.

    Moreover, nearly 60% of the 31,000 respondents want
    their national government to determine financial regulations rather than
    depending on the European Union.

    Related: Europe awaits implementation of regulatory framework for crypto assets

    The
    EC is currently attempting to implement regulations for crypto assets
    across the European Union. On Sept. 24, 2020, the EC proposed a new
    digital finance package that included legislative proposals related to
    the handling of crypto assets in the member states.

    Providing
    clarity to the move, the EC stated that “by making rules safer and more
    digital friendly for consumers, the Commission aims to boost
    responsible innovation in the EU's financial sector, especially for
    highly innovative digital start-ups.”

    source link : https://cointelegraph.com/news/survey-finds-europeans-want-home-countries-to-regulate-crypto-not-eu

     


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