Europe Leads the Way for Crypto Investors

A platform in Europe plans to issue bank licenses to France, Italy and Germany.

The cryptocurrency situation in Europe varies from country to country. Although the authorities in countries such as France and Germany do not develop very quickly, Switzerland welcomes this newly formed economy with open arms.. By providing a bank-style service to European citizens, Blockchain firm Europe Crypto Bank is developing a banking and trading platform to make Bitcoin and other cryptocurrency investments more secure.

First, the platform will provide advice and reports in line with the legal requirements of four European countries – France, Italy, the UK and Germany – but plans to expand it to all EU members later on.. The platform is also looking for ways to provide advice to its customers throughout the day by using artificial intelligence.

According to the official statement of the company, “European investors should take advantage of the possibilities of the crypto market by managing risk.” He added:

In an environment where regulations are lacking and public institutions are refusing to communicate about the cryptocurrency market, investors cannot fully benefit from this emerging market.. With the rise of cryptocurrencies and Token bonds, leverage companies within the framework of ICO benefit from many opportunities, especially in Russia, Australia, Eastern Europe and India.. Some friendlier countries know how to adapt their regulations and open this market to investors.”

The Crypto Scene in Europe

As the digital economy gains popularity, many European countries are taking positive steps towards cryptocurrencies.. Recently, a Swiss finance executive (FINMA) published a guide on how the institution will enforce financial market regulations to address questions from ICO organizers.

Spain’s conservative party, following Switzerland, is blockchain.

Nevertheless, countries like France still oppose this industry.. France’s finance minister has proposed a discussion on a German-backed cryptocurrency regulation for the upcoming G20 summit.

CoinDesk

Cryptocurrencies Are Gaining Value Again With The Recovery Of The Market