ECB Official Calls for ‘Less Tolerant’ Approach to Bitcoin ‘Gambling’

ECB Official Calls for ‘Less Tolerant’ Approach to Bitcoin ‘Gambling’

“It would be ideal from a social viewpoint to intervene and have a less tolerant approach towards these activities,” said Panetta, who is a member of the ECB’s executive board, to a meeting of the European Parliament’s Economic Affairs Committee. He said, bitcoin-type activities were “pure gambling, wasting enormous amounts of energy.”

Originally Posted on: https://www.coindesk.com/policy/2022/03/30/ecb-official-calls-for-less-tolerant-approach-to-bitcoin-gambling/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
By: Jack Schickler

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