Exchanges in Europe want the cryptocurrency market regulated to protect cusromers
European Central Bank
Much like a hit for the Bulls, the value of bitcoin is up about $10,000 per coin after it dropped under the psychological marker last month, climbing almost 10 percent in the last 24 hours.
The EU Central Bankers have declared that bitcoin should not be referred to as the currency. Saying “Stop Calling the Bitcoin a Coin”
Many countries are divided whether to impose regulations or bans on cryptocurrencies or first watch the trend of the currency.
Digital currency is fast becoming known to the world. This has caused major central banks to start monitoring it with options of regulating it.