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Title: [2017-04-18] Belgium to Restrict All Transactions with Bitcoin Post by: Vladdirescu87 on April 18, 2017, 03:32:14 PM The Belgian Minister of Justice has proposed to confiscate all cryptocurrencies in circulation and start regulating all transactions with digital currencies. This might mark the end of free use of digital currencies in Belgium.
Koen Geens, the Minister of Justice of Belgium, believes that cryptocurrencies are used by terrorists, criminals, and drug dealers, and thus companies dealing with cryptocurrencies should be under strict control of the government and courts. The full article here: https://coinidol.com/belgium-to-restrict-all-transactions-with-bitcoin/ Title: Re: [2017-04-18] Belgium to Restrict All Transactions with Bitcoin Post by: Qartada on April 18, 2017, 04:14:26 PM This could be more serious than it seems at first. Brussels is the capital of the EU and the EU already has a pretty bad stance on cryptocurrencies. If Belgium wants to ban it, it could get through to the EU and other countries could be banning it left right and center.
Western countries banning cryptocurrencies could be a huge chain reaction. If one country bans it, the people who use it in that country will then mostly be using it for illegal activities, which would result in other countries thinking the same thing about people finding potential to be anonymous with it and then more and more countries could be treating it negatively. Belgium isn't a big country but this could have worse implications than we would think at first. Title: Re: [2017-04-18] Belgium to Restrict All Transactions with Bitcoin Post by: cr1776 on April 18, 2017, 05:19:17 PM Or people will realize that they can stay in bitcoin and don't need to cash out.
This could be more serious than it seems at first. Brussels is the capital of the EU and the EU already has a pretty bad stance on cryptocurrencies. If Belgium wants to ban it, it could get through to the EU and other countries could be banning it left right and center. Western countries banning cryptocurrencies could be a huge chain reaction. If one country bans it, the people who use it in that country will then mostly be using it for illegal activities, which would result in other countries thinking the same thing about people finding potential to be anonymous with it and then more and more countries could be treating it negatively. Belgium isn't a big country but this could have worse implications than we would think at first. Title: Re: [2017-04-18] Belgium to Restrict All Transactions with Bitcoin Post by: classicsucks on April 18, 2017, 06:35:35 PM It looks like he just wants to establish a legal framework so the Belgian cops can auction the bitcoin they've stolen during drug busts...
https://coinidol.com/upload/medialibrary/c98/c984e8841983f6027f2c95ad03d1d872.jpg Title: Re: [2017-04-18] Belgium to Restrict All Transactions with Bitcoin Post by: notthematrix on April 18, 2017, 06:38:03 PM It looks like he just wants to establish a legal framework so the Belgian cops can auction the bitcoin they've stolen during drug busts... https://coinidol.com/upload/medialibrary/c98/c984e8841983f6027f2c95ad03d1d872.jpg Well it does not realy matter anyway.. watch this,,,, https://www.youtube.com/watch?v=c9MIM2vZUZc (https://www.youtube.com/watch?v=c9MIM2vZUZc) Title: Re: [2017-04-18] Belgium to Restrict All Transactions with Bitcoin Post by: classicsucks on April 19, 2017, 07:20:26 AM Well it does not realy matter anyway.. watch this,,,, https://www.youtube.com/watch?v=c9MIM2vZUZc (https://www.youtube.com/watch?v=c9MIM2vZUZc) Andreas is relevant, thank you. Title: Re: [2017-04-18] Belgium to Restrict All Transactions with Bitcoin Post by: veleten on April 19, 2017, 10:48:01 AM this could have big repercussions for EU bitcoin users and negative ones,too
Brussels being the political centre of the EU ,if BTC is criminalised in Belgium,same legislation could be introduced around the European Union as well on the other hand this is nothing but an IMHO from the Minister of Justice of Belgium there is no legislation prohibiting free cryptocurrency exchange yet,so there is no reason to panic |
