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Virtual currency: Constraints on the use of crypto-currencies are debarked

22/04/2021
Source : ORISHAS FINANCE
Categories: Economy/Forex

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As the financial system begins to appropriate them, cryptocurrencies, actions are multiplying in order to punish users.

States do not want their monetary monopoly, an essential component of their sovereignty, to be called into question. After Turkey's decision on April 17 to ban all bitcoin transactions on its territory, rumors have multiplied suggesting that India and especially the US Treasury Department will also strengthen the constraints on the use of crypto-currencies. The sanction was immediate with a sharp correction in prices, up to -20% in session for bitcoin sunday, April 18.

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